Telecom & Wireless

Apple iPhone to Work on Super-Fast Broadband World Wide -- WSJ

The Wall Street Journal reports that the new Apple Inc. (NASDAQ: AAPL) iPhone 5 will work on LTE networks around the world. One of the drawbacks of the current iPhone 4S is that it does not operate on super fast U.S. 4G systems run by carriers like AT&T (NYSE: T) and Verizon (NYSE: VZ). That fact has helped 4G enabled smartphones from firms like Samsung to get substantial market share. Since most of these handsets  also operate on Google Inc.’s (NASDAQ: GOOG) Android system. So, the 4G capacity of handsets which compete with the iPhone has helped Android proliferate as well. Apple’s has gained back much of its momentum from Samsung due to legal victory over seven of its patents. There are rumors that Google may be sued as well.

WSJ:

Apple Inc next iPhone will work on the fastest wireless networks around the world—including in the U.S., Europe and Asia—though it is unlikely to be available on every carrier, people familiar with the matter said.

The technical compatibility with so-called LTE networks removes a big competitive danger for Apple and gives carriers a chance to sell their fastest data services to Apple’s huge base of iPhone customers.

Douglas A. McIntyre

It’s Your Money, Your Future—Own It (sponsor)

Retirement can be daunting, but it doesn’t need to be.

Imagine having an expert in your corner to help you with your financial goals. Someone to help you determine if you’re ahead, behind, or right on track. With SmartAsset, that’s not just a dream—it’s reality. This free tool connects you with pre-screened financial advisors who work in your best interests. It’s quick, it’s easy, so take the leap today and start planning smarter!

Don’t waste another minute; get started right here and help your retirement dreams become a retirement reality.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.

AI Portfolio

Discover Our Top AI Stocks

Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.

You can follow him investing $500,000 of his own money on our top AI stocks for free.