iPhone 5G: A Prelude to IT Sector Success

iPhone 5G: A Prelude to IT Sector Success

Stocks in the IT sector were traded vividly last week with a speculative buying after having a rumor of Apple likely to launch a new 5G iPhone within a couple months. 

Apple is set to launch 4 new iPhones this year, including iPhone 12, iPhone 12 Max, iPhone 12 Pro and iPhone 12 Pro Max and the price estimates rumored between 23,500 baht and 45,400 baht.

Despite having no specific release date, investors believe stocks in the IT sector would be benefited from the upcoming iPhone launch. There are 3 parties that have been expected to take the most advantage of. 

First party…stocks in the mobile operating sector such as AIS of Advanced Info Service Public Company Limited (ADVANC), Total Access Communication Public Company Limited (DTAC) and True Corporation Public Company Limited (TRUE) as they not only provide a mobile operation service, but also sell the cellphone (couple with mobile package).

Second party…stocks in retailing sector like S P V I Public Company Limited (SPVI),  one of the authorized reseller of Apple products, COM7 Public Company Limited (COM7), a company that run Studo7 stores and BaNANA stores, Synnex (Thailand) Public Company Limited (SYNEX) and SIS Distribution (Thailand) Public Company Limited (SIS). While IT City Public Company Limited (IT) would be indirectly benefited.

Last party…Hana Microelectronics Public Company Limited (HANA), an electronic components manufacturer, as one of suppliers of iPhone 5G.

However, the price of a new iPhone is likely too expensive to reach…so, it might flop…?