The surprising reason why Apple was so gung-ho about its 5G iPhone

Photo taken in New York on Oct. 23, 2020, shows Apple Inc.'s iPhone 12 smartphone models.

Verizon and Apple are teaming up on another sales pitch for the 5G iPhone 12 — and this time, they're aiming at business customers.

The two companies held an event Thursday to showcase several ways businesses could benefit by using the iPhone 12 with 5G. 5G has higher bandwidth than existing networks, making it possible to have many more wireless devices performing data-intensive activities, like video streaming, in one small area such as a factory floor.

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