“The 5G hype has already begun, but investors underappreciate the opportunity that it represents for most tech companies. Apple has four initiatives that will materially benefit from 5G: iPhone, augmented reality, healthcare, and autonomous vehicles,” Gene Munster and Will Thompson write for Loup Ventures. “In our view, Apple will be one of 5G’s biggest beneficiaries.”
“It’s important to note that the rollout of 5G will take time. We expect it will take until the end of 2022 before 75% of the US population will have 5G service. Investor interest and the resulting rise in tech valuations will precede the adoption curve by about a year,” Munster and Thompson write. “In other words, shares of AAPL should start to see an impact starting late in 2019, potentially lasting until the end of 2024.”
“Ubiquitous, low-latency connectivity will enable what we think of as true AR, shifting from the small window of your smartphone to a wearable capable of spatial computing. Based on acquisitions and patents, it’s clear that Apple is developing AR glasses,” Munster and Thompson write. “Our best guess is that they will be released in 2022. We believe this could result in a gold rush for developers creating AR experiences and for Apple, who would take a cut of the revenue generated from these applications in the App Store. We believe that none of the AR 5G lift is priced into shares of AAPL.”
Much more in the full article – recommended – here.
MacDailyNews Note: Munster and Thompson also cover iPhone, Healthcare, and Autonomous Vehicles, three more areas where Apple will benefit from 5G.
SEE ALSO:
Apple patent reveals features of augmented reality smartglasses – February 26, 2019
Apple’s next big thing could replace both the iPhone and Apple Watch – February 21, 2019
Augmented Reality will spark the next big tech platform – February 15, 2019
Apple taps iPhone exec Casanova to be first head of marketing for augmented reality – February 12, 2019
Apple working on new iPhones with powerful 3-D camera and laser scanner in augmented reality push – January 30, 2019
Apple patent reveals ongoing work on micro-LED displays for holographic imagery – November 9, 2018
What’s happening with Apple’s secret augmented reality glasses project? – November 8, 2018
Apple’s Akonia acquisition points towards ‘Apple glasses’ – August 30, 2018
Apple buys Akonia Holographics, a startup focused on lenses for AR glasses – August 30, 2018
Ming-Chi Kuo: Apple Glasses coming in 2020 – August 15, 2018
Gene Munster: Apple will release Apple Glasses late in 2021 – May 17, 2018
Apple patent application reveals work on eye-tracking technology for VR and AR headsets – April 27, 2018
Apple prepping Micro-LED displays for Apple Watch and Smartglasses for 2019, sources say – April 3, 2018
Apple CEO Cook on the future of fashion, shopping, and AR smartglasses – October 11, 2017
Apple’s AR smartglasses – understanding the issues – August 29, 2017
Bernstein: Apple’s ‘smartglasses’ opportunity ‘could be enormous’ – August 25, 2017
Apple working on several prototypes of AR glasses – August 4, 2017
Apple’s next big move: Augmented reality – August 3, 2017
Apple’s rumored new glasses will be an even bigger deal than the iPhone – July 28, 2017
Apple smart glasses are inevitable – July 28, 2017
I’d like to believe Apple will benefit from 5G, but Apple will be the last smartphone company to adopt that standard.
You may be correct. Apple doesn’t rush to be first with a new technology: they will wait until 5G service is available in the majority of their target markets.