The next-generation of wireless, 5G will deliver download data speeds up to ten times faster than current 4G LTE data speeds. With 5G, a movie that takes 20 minutes to download over 4G will load in the blink of an eye. New technologies and businesses will be created that count on the faster 5G data speeds. While most Android manufacturers already have 5G models available, the 2020 iPhone 12 series will be the first from Apple designed with 5G in mind and will allow Apple to catch up to its rival phone manufacturers.

Bank of America analyst Wamsi Mohan says that Apple is hitting on all cylinders with an expected 20% hike next year from iPhone and wearables revenue. In a note to clients, Mohan also noted that Apple is benefiting from “continued penetration into [its] installed base, large net cash, and continued strong capital returns.”  When the analyst says that Apple is penetrating into its installed base, he is talking about the firm’s Services business. In 2015, iPhone shipments peaked; somehow Apple brass correctly read the tea leaves and decided to focus on its installed base of iPhone users (which currently numbers close to 1 billion). So the company set a goal to double its Services revenue from $25 billion in fiscal 2015 to $50 billion in fiscal 2020.

Under the Services umbrella are some subscription businesses that generate recurring revenue for Apple such as Apple Music, Apple Arcade, Apple News+, and more. The App Store, AppleCare+, iCloud, and Apple Pay are also included in this business segment. During the fiscal second quarter which covers January through March, Apple’s Services unit brought in $13.35 billion in gross. That was the second consecutive quarter that Apple’s Services unit reported revenue that exceeded a $50 billion run rate. In fact, for the first half of the fiscal year, Apple’s Services unit took in over $26 billion dollars; barring a second-half collapse, Apple should be able to hit its $50 billion goal for this fiscal year.

Out of 45 securities firms tracking Apple, 29 have a buy rating on the stock, 12 have a hold rating and four recommend selling the shares.