Apple’s iPhone Partner Pumps 5G at Davos

There’s lots of excitement regarding the new 5G iPhones.

That anticipation sent Apple (NASDAQ: AAPL) stock surging 103% in the last year. And shares of Apple partner Qualcomm (NASDAQ: QCOM) has also jumped 77%.

Yet these hidden 5G stocks could deliver even bigger profits in 2020.

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Goldman Sachs expects that over 200 million 5G smartphones will be sold in 2020.

Meanwhile, Apple is expected to sell 80 million 5G iPhones this year. And all of them will be sold between September and December.

Inside each of those iPhones will be these 5G smartphone modems from Qualcomm.

The two companies had a lengthy legal battle related to patents.

Late last year, Apple agreed to pay Qualcomm $4.5 billion.

That settlement also gives Apple access to Qualcomm patents for the next six years.

Billionaires, world leaders and CEOs were in Davos Switzerland last week for the World Economic Forum.

“5G has been front and center here in Davos,” says Qualcomm CEO Cristiano Amon.

 “We should see 5G in all metropolitan areas in the United States, as well as in China, Korea, Japan, and Europe towards the end of 2020. ” the Qualcomm CEO said.

It’s expected that 5G will be available for 50% of the world’s population within just four years.

Today, many people don’t know WHY they need 5G.

However, the same could be said of previous “next generation” wireless networks including 2G . . . 3G . . . and 4G.

New applications will be built specifically for these faster wireless networks. And it’s those new apps that will essentially force consumers to upgrade to a new 5G smartphone.

Shares of Apple and Qualcomm have already jumped with anticipation for 5G. And that makes both stocks less attractive than other companies in the sector.

That’s why I’m focusing on overlooked 5G stocks for big profits in 2020.

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Yours in Profits,

Ian Wyatt