The highly anticipated 5G iPhone may be disappointing

Expectations for the 2020 iPhone continue to grow, and it is expected to be Apple's first iPhone with 5G. This will bring huge connectivity changes to the company and allow users to take advantage of ultra-fast wireless speeds. However, it all depends on whether wireless carriers can roll out 5G across the United States, and according to Gene Munster, managing partner of Loup Ventures, that's why investors should be cautious about the company's stock performance next year.

Munster said in an interview with CNBC that investors should not expect 5G iPhones to boost Apple's stock price as expected, and he blamed the overprediction on misunderstandings about how much 5G consumers will actually cover next year. .

"The first year of iPhone 5G will disappoint investors ... in the end, this is a huge opportunity for Apple and has played a huge role in 5G, but it will take some time for the network to promote coverage."

According to reports, Verizon promises that half of the US population will get 5G coverage by 2020, and according to 9to5Mac, other operators claim that their 5G coverage may reach 75% by the end of next year. Munster dismissed these predictions, saying they were "optimistic in the best case."

The disappointing sales will "be largely borne by the operators, who have already had a lot of discussions on 75% coverage by the end of next year. I think, in the best case, this is optimistic."

However, if operators do deliver, demand for 5G iPhones will grow. A recent survey conducted by Piper Jaffray showed that "of the 1,050 iPhone users currently, 23% said they would upgrade to a $ 1,200 5G iPhone, compared to 18% of participants a few months ago."

Regardless of the situation of 5G iPhone and carriers, Munster is still optimistic about Apple's overall performance next year, speculating that the current stock price of $ 246 may be as high as $ 350 to $ 400.

"I don't think even next year will be the best performing technology company, it will be one of the best performing companies."

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