{"id":32928,"date":"2021-05-07T13:19:36","date_gmt":"2021-05-07T12:19:36","guid":{"rendered":"https:\/\/www.gsma.com\/futurenetworks\/?p=32928"},"modified":"2021-05-07T13:19:36","modified_gmt":"2021-05-07T12:19:36","slug":"iphone-propels-apple-to-record-earnings-with-a-potential-halo-effect-for-5g","status":"publish","type":"post","link":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/latest-news\/iphone-propels-apple-to-record-earnings-with-a-potential-halo-effect-for-5g\/","title":{"rendered":"iPhone propels Apple to record earnings, with a potential halo effect for 5G"},"content":{"rendered":"<p>Apple has reported record financial results for the quarter ending March 2021, with revenue growth of over 50% despite the challenging operating environment from Covid-19. There was broad-based success across its product portfolio, but iPhone sales continue to drive the company overall, accounting for 53% of its total business 14 years after the device first came to market.<\/p>\n<p>The iPhone success should be taken as a positive sign for 5G handset sales more broadly in 2021 as vaccination rates rise, economic conditions improve and other handset manufacturers introduce new models. Consumer survey evidence from GSMA Intelligence suggests 5G upgrade intentions have increased over the last year by 4\u201310 percentage points to 35\u201340% in the US and Europe and even higher (50\u201360%) in China and South Korea. This should help mobile operators grow their 5G customer bases as network scale also increases.<\/p>\n<p>Apple has also committed to large-scale investment of $430 billion over the next five years across a suite of technologies and jobs, including 5G and silicon manufacturing (a strategic move given the ongoing risk of chipset supply constraints), which should help catalyse a wave of innovation in product design and new uses for advanced mobile networks.<\/p>\n<p><a title=\"Click here to read more (The Verge)\" href=\"http:\/\/click.email.gsma.com\/?qs=022b41f41e6a094ee7c5e994c349906cd08d8d0ec15765186b73f99a8eede47a9906791386378d0f343bc342fff5c8f89a409a4c14823bca\" data-linkto=\"https:\/\/\">Click here to read more (The Verge)<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Apple has reported record financial results for the quarter ending March 2021, with revenue growth of over 50% despite the challenging operating environment from Covid-19. There was broad-based success across its product portfolio, but iPhone sales continue to drive the company overall, accounting for 53% of its total business 14 years after the device first [&hellip;]<\/p>\n","protected":false},"author":42,"featured_media":32892,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_oasis_is_in_workflow":0,"_oasis_original":0,"_oasis_task_priority":"","footnotes":""},"categories":[6894,60],"tags":[],"algolia_discover_type":[15357],"class_list":["post-32928","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-5g-digest","category-latest-news","algolia_discover_type-article"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.6 (Yoast SEO v28.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>iPhone propels Apple to record earnings, with a potential halo effect for 5G - Networks<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/latest-news\/iphone-propels-apple-to-record-earnings-with-a-potential-halo-effect-for-5g\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"iPhone propels Apple to record earnings, with a potential halo effect for 5G\" \/>\n<meta property=\"og:description\" content=\"Apple has reported record financial results for the quarter ending March 2021, with revenue growth of over 50% despite the challenging operating environment from Covid-19. There was broad-based success across its product portfolio, but iPhone sales continue to drive the company overall, accounting for 53% of its total business 14 years after the device first [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/latest-news\/iphone-propels-apple-to-record-earnings-with-a-potential-halo-effect-for-5g\/\" \/>\n<meta property=\"og:site_name\" content=\"Networks\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/gsma\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-07T12:19:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/wp-content\/uploads\/2021\/04\/FN-Blog-LG-exit.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"900\" \/>\n\t<meta property=\"og:image:height\" content=\"300\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"KiranB\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@GSMA\" \/>\n<meta name=\"twitter:site\" content=\"@GSMA\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"KiranB\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"iPhone propels Apple to record earnings, with a potential halo effect for 5G - Networks","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/latest-news\/iphone-propels-apple-to-record-earnings-with-a-potential-halo-effect-for-5g\/","og_locale":"en_GB","og_type":"article","og_title":"iPhone propels Apple to record earnings, with a potential halo effect for 5G","og_description":"Apple has reported record financial results for the quarter ending March 2021, with revenue growth of over 50% despite the challenging operating environment from Covid-19. There was broad-based success across its product portfolio, but iPhone sales continue to drive the company overall, accounting for 53% of its total business 14 years after the device first [&hellip;]","og_url":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/latest-news\/iphone-propels-apple-to-record-earnings-with-a-potential-halo-effect-for-5g\/","og_site_name":"Networks","article_publisher":"https:\/\/www.facebook.com\/gsma\/","article_published_time":"2021-05-07T12:19:36+00:00","og_image":[{"width":900,"height":300,"url":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/wp-content\/uploads\/2021\/04\/FN-Blog-LG-exit.jpg","type":"image\/jpeg"}],"author":"KiranB","twitter_card":"summary_large_image","twitter_creator":"@GSMA","twitter_site":"@GSMA","twitter_misc":{"Written by":"KiranB","Estimated reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/latest-news\/iphone-propels-apple-to-record-earnings-with-a-potential-halo-effect-for-5g\/#article","isPartOf":{"@id":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/latest-news\/iphone-propels-apple-to-record-earnings-with-a-potential-halo-effect-for-5g\/"},"author":{"name":"KiranB","@id":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/#\/schema\/person\/a3353b35dbc56222f8a75740947c19b6"},"headline":"iPhone propels Apple to record earnings, with a potential halo effect for 5G","datePublished":"2021-05-07T12:19:36+00:00","mainEntityOfPage":{"@id":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/latest-news\/iphone-propels-apple-to-record-earnings-with-a-potential-halo-effect-for-5g\/"},"wordCount":208,"publisher":{"@id":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/#organization"},"image":{"@id":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/latest-news\/iphone-propels-apple-to-record-earnings-with-a-potential-halo-effect-for-5g\/#primaryimage"},"thumbnailUrl":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/wp-content\/uploads\/2021\/04\/FN-Blog-LG-exit.jpg","articleSection":["5G Digest","Latest News"],"inLanguage":"en-GB"},{"@type":"WebPage","@id":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/latest-news\/iphone-propels-apple-to-record-earnings-with-a-potential-halo-effect-for-5g\/","url":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/latest-news\/iphone-propels-apple-to-record-earnings-with-a-potential-halo-effect-for-5g\/","name":"iPhone propels Apple to record earnings, with a potential halo effect for 5G - Networks","isPartOf":{"@id":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/latest-news\/iphone-propels-apple-to-record-earnings-with-a-potential-halo-effect-for-5g\/#primaryimage"},"image":{"@id":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/latest-news\/iphone-propels-apple-to-record-earnings-with-a-potential-halo-effect-for-5g\/#primaryimage"},"thumbnailUrl":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/wp-content\/uploads\/2021\/04\/FN-Blog-LG-exit.jpg","datePublished":"2021-05-07T12:19:36+00:00","breadcrumb":{"@id":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/latest-news\/iphone-propels-apple-to-record-earnings-with-a-potential-halo-effect-for-5g\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/latest-news\/iphone-propels-apple-to-record-earnings-with-a-potential-halo-effect-for-5g\/"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/latest-news\/iphone-propels-apple-to-record-earnings-with-a-potential-halo-effect-for-5g\/#primaryimage","url":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/wp-content\/uploads\/2021\/04\/FN-Blog-LG-exit.jpg","contentUrl":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/wp-content\/uploads\/2021\/04\/FN-Blog-LG-exit.jpg","width":900,"height":300,"caption":"Four hands holding smartphones with blank screens in a close circle, seen from above. 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