Perhaps more than any company, Apple is translating the 5G upgrade cycle into a license to print money. But the truth is that at this stage of deployment, the real significance of faster mobile broadband hasn’t really been felt yet.
Apple takes the largest slice of the 5G cake
Device deployment, at least, appears to be accelerating. Counterpoint claims sales of 5G-capable smartphones exceeded those of 4G devices for the first time in January 2022, reaching 51%. At the same time, recent data from Gartner and Canalys confirms Apple’s devices accounted for a huge chunk of smartphone sales in the same period.