Connect with us

Tech

Will 5G Become the key Element Of Apple’s Future?

Avatar of Salman

Published

on

Will 5G Become the key Element Of Apple's Future?

Will 5G become the key element for Apple’s future? The year 2022 is a real stress test for many companies, both big and small. Well, same as 2021 was. Or 2020.

The stock market is following a bearish trend, and right now it’s leaving the world to wonder when/if it’s going to get back on track.

But in times of trouble, it’s often better to look where there is peace and quiet, and contemplate well-known brands that may offer unexpected opportunities. With that in mind, let’s talk about Apple, Google, and Nvidia.

But first, let’s break down the general situation in the market.

To analyze, we’ve chosen the S&P 500 index, as it tracks the 500 largest publicly traded US companies. And for the last 12 months, the index has dropped by 15%.

word image 167333 1

Now, let’s see how Apple, Google (we mean Alphabet), and Nvidia stocks are doing. Could be better. Though even here we have a champ – Apple. Or shall we say the best of the worst. Take a look.

word image 167333 2

So why have we chosen these companies to reference?

The answer is pretty simple – these are the three biggest companies by market capitalization from the list of possible beneficiaries of 5G technology development, or how we call them 5G stocks.

Moreover, Apple, Google, and Nvidia are big players in the tech market, and we use their products in our every-day life.

Apple joined the 5G club in 2020 by introducing the first 5G-capable iPhone.

iPhone 12 and following models support 5G networks thanks to 5G modem chips provided by Qualcomm which is another company at the 5G party.

And Apple is not going to stop there, the company plans to manufacture its own modems (together with Taiwan Semiconductor Manufacturing Company; yep, one more 5G player) and hopes to use them in the iPhone 15.

Will 5G become the key element for Apple’s future? Unlikely. But analysts around the world believe that Tim Cook’s company will receive a boost in the next 12 months – the average forecast for Apple stock is 16%.

The thing that connects Google and 5G is also a smartphone. The company is trying to fish in Apple’s waters (pretty easy way to end up out of one’s depth).

Google added 5G technology to its smartphone – Pixel 5 – and continued the 5G-device era with its Pixel 6 and Pixel 7.

Not really an impressive innovation, but analysts think that it’s a good moment to buy Google shares – the average forecast for the next 12 months is a 26% growth.

The next one to look at is Nvidia. And no, the company didn’t create a 5G phone or even a 5G graphics card – the aim of Nvidia is to build a platform that brings together developments in AI and 5G.

The 5G technology is capable to speed up the work of AI algorithms and applications and extend their influence to all connected devices.

AI-on-5G is a platform ready to kick-start smart cities, security systems, automation, and much more.

Despite these grand ideas transforming into something real, Nvidia has lost more than other assets from our list — down about 45% over the last 12 months.

However, analysts still expect some growth — the average forecast is a +12% upside in the next year.

There are no guarantees in this life, but many experts seem confident that investing in market monarchies like Apple, Google, and Nvidia can bring you royal profit. But the overall market is still very much in the red.

So it means that the final results in one year might be less optimistic. And do not forget to do your own research before buying or selling any stocks or other assets — this is the only thing that can bring you closer to success.

Related CTN News:

Chromecast With Google TV 4K On Sale For Just $29! Stranger Things Funko Pop! Free!

YouTuber MrBeast Overtakes PewDiePie In Most-Subscribed Youtube Channel

Elon Musk Claims He Expects To Find A New CEO Of Twitter “Over Time.”

Salman Ahmad is a seasoned writer for CTN News, bringing a wealth of experience and expertise to the platform. With a knack for concise yet impactful storytelling, he crafts articles that captivate readers and provide valuable insights. Ahmad's writing style strikes a balance between casual and professional, making complex topics accessible without compromising depth.

Continue Reading

CTN News App

CTN News App

Recent News

BUY FC 24 COINS

compras monedas fc 24

Volunteering at Soi Dog

Find a Job

Jooble jobs

Free ibomma Movies