The secret to Apple’s booming iPhone sales: Big 5G deals from wireless carriers

The secret to Apple's booming iPhone sales: Big 5G deals from wireless carriers

Apple Inc. Sales of the iPhone have been booming since the launch of models with ultrafast 5G cellular capability last year — thanks in large part to lucrative offers from wireless companies to acquire customers who use the new technology.

Verizon Communications Inc., AT&T Inc. and T-Mobile US Inc. It has introduced massive subsidies over the past year to retain customers and reduce the cost of buying a new iPhone so that users can upgrade to their 5G services. As Apple prepares to show off a new crop of 5G-capable iPhones on Tuesday, a big question is how long the costly battle between carriers for customers will continue to drive iPhone sales.

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