You’re Just In Time To Cash In On 5G Upgrade Mania

If you've been following along with Money Morning's recommendations, you already own 5G tech and infrastructure investments like Keysight Technologies Inc. (KEYS) and Lattice Semiconductor Corp. (LSCC). But the whole beauty of this thing is the further along we get in the nationwide rollout of this high-tech broadband capacity, the more ways there are to profit.

The 5G race heated up a few degrees last month, when Apple Inc. (AAPL) launched its new iPhone 12, which – you guessed it – has built-in 5G capacity. Now, the iPhone 12 isn't the first, or even only, smartphone able to connect to an available 5G network, but, judging by preliminary sales figures (the hard numbers weren't included in Apple's late October report) of around 75 million units sold, it's by far the most popular model with that capability.

That's set off a frantic race between America's big mobile carriers to carve out the biggest slice of this $79 billion market. And as we've seen so often in tech history, when there's that much competition for consumer dollars, it's really easy for investors to cash in.

The iPhone Is No. 1 on Most-Wanted Lists Everywhere

Like I said, Apple doesn't have the first 5G-capable smartphone. The first one came out in 2019, but I bet the ZTE Axon 10 Pro doesn't ring any bells; it's not even available in the United States. The first 5G unit available stateside was the $1,000-plus Samsung Galaxy S20. But even though Samsung and Apple are roughly neck and neck in the sales game, the iPhone is in a league of its own because it has an upscale "affordable luxury" cachet all its own.

Tied up in that cachet is the fact that the 100 million Apple iPhone owners in the United States are some of the most zealous "upgraders" on Earth. A survey from Office Depot (ODP) showed that iPhone users are more than twice as likely to be locked into an upgrade plan of some kind, and those users will spend $281 a year on average, compared to $196 for Android users.

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