Goldman Sachs Predicted SmartPhone Boom In 2020, Now Sees ‘Lockdown’ Drop, But 5G SmartPhone Sales Will Take Larger Share Of Mobile Phone Market


A Goldman Sachs analyst downgraded Apple Inc. (NASDAQ: AAPL) because he sees a drop in SmartPhone demand due to the COVID-19 coronavirus, negatively impacting 2020 iPhone sales. But analysts at Gartner see SmartPhone sales reaching 1.57 billion units this year, showing 3% growth, with 5G mobile phones totaling 221 million units this year — accounting for 12% of all mobile phone sales — then more than doubling in 2021 to 489 million units. Whichever projections are accurate, the SmartPhone and 5G mobile phone market is huge. That’s great news for iQSTEL Inc. (OTC: IQST) and its 75% owned itsBchain subsidiary which is developing a Mobile Number Portability App (MNPA) for SmartPhone owners.

Blockchain technology and 5G is in the news daily. Media companies such as Stock Market Press are reporting on the fast growing blockchain and 5G telecommunications market. It keeps readers up to date on 5G company stocks such as iQSTEL Inc. (OTC: IQST), Apple Inc. (NASDAQ: AAPL), Motorola Solutions, Inc. (NYSE: MSI), China Mobile Limited (NYSE: CHL),Verizon (NYSE: VZ), AT&T Inc. (NYSE: T), T-Mobile US (NASDAQ: TMUS) and Ericsson (NASDAQ: ERIC), HIVE Blockchain Technologies Ltd. ( (OTC: HVBTF) and Long Blockchain Corp. (OTC: LBCC)  in 5G and blockchain networks. Also covered are trends by semiconductor manufacturers Qualcomm (NASDAQ: QCOM), Qorvo (NASDAQ: QRVO) and Skyworks Solutions (NASDAQ: SWKS), among others.

Goldman Sachs Predicted SmartPhone Boom In 2020, Now Sees ‘Lockdown’ Drop, But 5G SmartPhone Sales Will Take Larger Share Of Mobile Phone Market

No one knows for sure how the COVID-19 coronavirus global ‘lockdown’ will impact sales of SmartPhones or the Apple Inc. (NASDAQ: AAPL) iPhones and 5G coming in the Fall. But one thing is for sure: SmartPhones and 5G mobile phones are continuing to grow in the U.S. and beyond. Specifically predicting how the SmartPhone market will be impacted by the COVID-19 and coronavirus is unknown. Goldman Sachs predicted SmartPhone boom in 2020, now sees ‘lockdown’ drop, but 5G SmartPhone sales will take larger share of mobile phone market.

SmartPhone Base Exceeds 3 Billion: Statista

Research firm Statista reports that the established user base worldwide surpassed the 3 billion mark in February of this year with over 500 mobile network operators, according to Telecoms Networks. In other words, more than 45% of the world population now owns a SmartPhone. Goldman Sachs predicted SmartPhone boom in 2020, now sees ‘lockdown’ drop, but 5G SmartPhone sales will take larger share of mobile phone market.

iQSTEL Inc. And Subsidiary itsBchain Announce The Next Development Phase Of Mobile Number Portability Application (MNPA) App Is Underway

In this far-reaching mobile phone market — with 5G phones gaining share annually— iQSTEL Inc. And Subsidiary itsBchain are readying a blockchain-driven platform. It is now entering a new phase of development. The blockchain-driven Mobile Number Portability App (MNPA) and administration platform software has been installed by itsBchain on 5 blockchain nodes. Currently, the company is running an Artificial Intelligence (AI) system developed by itsBchain human behavior simulations 24 hours a day, 7 days a week, ahead of the Beta release to several Tier-1 (Vodafone, Telefonica, Millicom, etc.) and other telco clients.

MNPA App Enables SmartPhone Consumers To Simply And Quickly Switch Carriers While Maintaining The Same Number

The MNPA app software by iQSTEL Inc. (OTC: IQST) And Subsidiary itsBchain simplifies and shortens the process for smartphone owners who want to switch carriers while maintaining the same number, from days or weeks to a porting time of only a few minutes. Changing carriers while maintaining the same number now is processed via an archaic ‘days to weeks’ 2-party verification system. The itsBchain’s MNPA app allows for near instant number portability by the client. The transaction no longer requires the telcos to initiate the transfer. The app enables users to make the switch quickly, securely and in only a matter of minutes. In just three clicks, it enables the porting.

No matter how many SmartPhones or 5G mobile phones are sold, the multi-billion unit existing base of SmartPhone owners is a large market. The success of 5G will mean more provider switching (as users prefer to retain their numbers) will be in global demand as users seek new providers and service. Goldman Sachs predicted SmartPhone boom in 2020, now sees ‘lockdown’ drop, but 5G SmartPhone sales will take larger share of mobile phone market.

iQSTEL Inc. (OTC: IQST) And Subsidiary itsBchain Uses Internally Developed AI ‘Human Behavior’ Code

Mr. Iglesias, CEO of iQSTEL Inc. (OTC: IQST), said, “itsBchain programmers have seen fantastic results from the ongoing testing feedback. This is a ‘full on’ stress test of the complete system using internally developed AI ‘human behavior’ code. Due to Latin America’s accelerated mobile market growth rate, itsBchain is using the Columbian Mobile Telecommunications market as the initial AI systems market simulation.” iQSTEL Inc. (OTC: IQST) plans to offer the platform to its customers, the largest mobile operators globally, such as Vodafone, Telefonica, Millicom and others.

Smartphones Seen Reaching More Than 45% Of The World’s Population This Year

iQSTEL Inc. (OTC: IQST) and subsidiary itsBchain are developing the MNPA app software in an extremely large market, forecast to reach more than 45% of the global population this year, according to projections by research firm Statista.

iQSTEL Inc. (OTC: IQST) and subsidiary itsBchain Planning On Multiple Platforms In The Future

Mr. Iglesias, CEO of iQSTEL Inc., (OTC: IQST) said, “Our intimate knowledge of the industry, along with extensive client and consumer discussions, brought about this highly in-demand platform. The blockchain-based platform is just the first of multiple platforms itsBchain and iQSTEL are working on to bring the telecommunications market into the 21st Century. We plan to offer this mobile application and blockchain platform to our current customers, the largest mobile operators in the world, such as Vodafone, Telefonica, Millicom, among others.”

iQSTEL Inc. (OTC: IQST) Adds Telecommunications Subsidiaries

iQSTEL Inc. recently purchased a 75% of itsBchain LLC, a blockchain technology solutions provider. It plans to develop telecom blockchain solutions for the carrier, corporate and retail markets. When iQSTEL Inc. (OTC: IQST) completed its purchase of the 75% stake of itsBchain,   Mr. Iglesias, CEO of iQSTEL, said, itsBchain is uniquely position to develop telecom applications based on smart contracts and blockchain technologies. Mobile number portability and carrier wholesale VoIP, SMS and Data payment solutions are just two of the projects itsBchain has under development, he said.

In addition to its 75% stake in subsidiary itsBchain LLC, iQSTEL Inc. (OTC: IQST) wholly owns Miami-based subsidiary, USA, LLC, an American-based 5G provider of Submarine Fiber Optic Network capacity for internet (4G and 5G). It owns 51% of SwissLink Carrier AG. SwissLink Carrier AG provides international VoIP connectivity worldwide and more. It also owns 51% of QGlobal SMS LLC, a U.S.-based company which has international interconnection with Tier 1 SMS aggregators to more than 100 countries worldwide. And last week it acquired 51% of  an Austin, Texas-based SMS U.S.-Mexico service provider. That transaction raised iQSTEL’s annual volume by $29 million — now the iQSTEL’s total annual sales surpass $50+ million a year.

Source: Stock Market Press

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