Wall Street: LTE on iPHone Enough To Propel Apple to Trillion Dollars


We previously discussed how Sprint would take us to an LTE world, virtually assuring that the next iPhone would have to have LTE and then we discussed how Apple would get there given that LTE chips are so power hungry.  What I did not anticipate was just how important LTE is until a bunch of Wall Street guys started pricing Apple at $1000 or so a share and calling it a trillion-dollar company.

Why?  LTE.

More at On Apple.

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