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Long term evolution, or as it’s more commonly called, “LTE” is a super fast next generation wireless network. It delivers download times for mobile phones comparable to broadband internet.
Android phones have had LTE for a while now. The iPhone has not.
All signs point to Apple adding LTE to the new iPhone, or as most people call it, the iPhone 5.
If you thought Apple went nuts marketing Siri, you ain’t seen nothing yet. We’re willing to bet that when Apple adds a faster wireless connection to the iPhone it’s going to go crazy with the marketing.
Apple will act like it invented smartphones with LTE. (For most consumers, Apple will have invented smartphones with LTE since most probably don’t know what it is.)
This feature alone will be enough to sell a record number of iPhones. Couple it with the fact that Apple is reportedly going to make the iPhone screen bigger and slightly redesign the phone, and we should see a big blockbuster.
The real question for Apple, and investors, though is, how big is a big blockbuster? Apple will have to sell over 50 million iPhones in the holiday quarter to make people happy. Considering it’s never sold more than 40 million in a quarter, that’s a pretty tall order.