2 5G Stocks That Could Set the Market on Fire This Earnings Season
Apple's (NASDAQ: AAPL) latest generation of iPhone has been announced and will go on sale in early November, and the new devices could not have come out at a better time as the world transitions to fifth-generation (5G) wireless networks.
The company reportedly has millions of iPhone users that are currently in an upgrade window, and the aggressive pricing of the iPhone 12 line-up could trigger a "supercycle." As such, Apple looks all set to reap the benefits of the shift to 5G smartphones, as hundreds of millions of such devices are expected to be sold over the next few years.
Apple, however, could lift a lot of other companies that supply iPhone components as well. For instance, the likes of Synaptics (NASDAQ: SYNA) and Skyworks Solutions (NASDAQ: SWKS) could be key beneficiaries of a spurt in 5G iPhone sales because of their close relationships with the California computer company. Let's see how.
Source Fool.com
