{"id":67049,"date":"2020-10-14T00:21:24","date_gmt":"2020-10-14T00:21:24","guid":{"rendered":"https:\/\/www.thefastfashion.com\/?p=67049"},"modified":"2020-10-14T00:21:24","modified_gmt":"2020-10-14T00:21:24","slug":"apple-unveils-first-ever-5g-phone-investors-predict-mass-upgrades","status":"publish","type":"post","link":"https:\/\/www.thefastfashion.com\/?p=67049","title":{"rendered":"Apple unveils its first-ever 5G phone, investors predict mass upgrades"},"content":{"rendered":"

The era of 5G iPhones is finally here.<\/p>\n

Apple on Tuesday unveiled its iPhone 12 lineup, a slate of four devices that will be able to access super-fast wireless speeds that are as much as 10 or 20 times faster than current 4G networks.<\/p>\n

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Apple CEO Tim Cook launched the new phones via webcast from the company\u2019s Cupertino, Calif., headquarters, with promises of upload, download and video speeds that exceed anything that has come before it.<\/p>\n

\u201cToday is the beginning of a new era for iPhone,\u201d Mr. Cook said.<\/p>\n

The company said that all of its new iPhones will support millimeter wave 5G, which is the fastest signal, in addition to lower-frequency 5G waves.<\/p>\n

It even trotted out Verizon CEO Hans Vestberg to announce that the iPhone 12 will work on Verizon\u2019s \u2018ultrawideband\u2019 5G network designed to alleviate bottlenecks in dense cities like New York and LA.<\/p>\n

Wedbush analyst Dan Ives called it \u201cApple\u2019s most important product cycle since the iPhone 6 in 2014\u201d in a research note, predicting that Apple\u2019s focus on the benefits of 5G will be enough to inspire a \u201csupercycle\u201d of upgrades.<\/p>\n\n

\u201cForty percent of the install base hasn\u2019t upgraded their iPhone in the past three and a half years,\u201d Ives explained to The Post. \u201cI think the design and tech enhancements are going to be the magic combo that translates into the next stage of growth for Apple.\u201d<\/p>\n

But questions remain about whether Cook will be able to deliver on his 5G promises given that carriers are still scrambling to roll out their next generation networks and service is expected to remain spotty in some areas.<\/p>\n

For some people, using the next iPhone or any 5G enabled device on today\u2019s network will be \u201clike having a Ferrari \u2026 but using it in your local village and you can\u2019t drive to up to 200 miles per hour, simply because the roads cannot maintain those speeds,\u201d Boris Metodiev, associate director of research firm Strategy Analytics\u00a0told Reuters.<\/p>\n

\u201cI think 20 to 30 percent of the install base could be on the fence about 5G,\u201d Ives said. \u201cBut I think they will come around because overall the technology enhancements plus 5G make this a no-brainer upgrade.\u201d<\/p>\n

Leading Tuesday\u2019s lineup was the iPhone 12 Pro and Pro Max, which feature three cameras each plus a state-of-the-art OLED display. The Pro and Pro Max will retail at $999 and $1,099, respectively \u2014 the same price as their iPhone 11 Pro predecessor.<\/p>\n

The iPhone 12 has one fewer camera and a lower quality OLED screen, but comes with a cheaper $799 price tag.<\/p>\n

The new iPhone 12 also\u00a0comes in a mini variant, with a 5.4 inch touchscreen that will be sure to please critics of the super-sized smartphones that have become the norm in recent years. The Mini will retail starting at $699, which could appeal to people concerned about their job prospects in a topsy-turvy economy.<\/p>\n

Apple\u2019s latest iPhone design abandons the rounded edges that the device has sported for the past several years, replaced instead by iPad Pro-style flat edges that harkens back to the design of Apple\u2019s mega-popular iPhone 4 line.<\/p>\n

Adv<\/em>.<\/strong><\/p>\r\n\r\n