What you need to know
- Apple is expected to bring 5G to iPhone 12.
- Analyst Dan Ives is bullish on Apple stocks.
- He thinks a 5G iPhone 12 will help create a "supercycle".
It's been a big few days for Apple stock – and that of the tech sector in general – with coronavirus impacting prices. Apple itself has seen a real rebound, and one analyst thinks that's just the start.
Ives thinks that a "perfect storm" will make this year's upgrade cycle a big one. He reckons more than a third of Apple's 900 million iPhone users are due an upgrade, with the arrival of 5G also set to be a reason for some to make the jump to a new model.
But it isn't all good news. Ives also notes that coronavirus will have a part to play, although he also echoed Tim Cook's belief that the situation is temporary, rather than something that will run and run.
Oliver Haslam has written about Apple and the wider technology business for more than a decade with bylines on How-To Geek, PC Mag, iDownloadBlog, and many more. He has also been published in print for Macworld, including cover stories. At iMore, Oliver is involved in daily news coverage and, not being short of opinions, has been known to 'explain' those thoughts in more detail, too.
Having grown up using PCs and spending far too much money on graphics card and flashy RAM, Oliver switched to the Mac with a G5 iMac and hasn't looked back. Since then he's seen the growth of the smartphone world, backed by iPhone, and new product categories come and go. Current expertise includes iOS, macOS, streaming services, and pretty much anything that has a battery or plugs into a wall. Oliver also covers mobile gaming for iMore, with Apple Arcade a particular focus. He's been gaming since the Atari 2600 days and still struggles to comprehend the fact he can play console quality titles on his pocket computer.
You know, there have been predictions of a "supercycle" for many years now. Never seems to pan out though.
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