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Emma Walsh here, handling editor of the Diary. Routine Journal readers understand that tech isn't our typical beat. And when it pertains to tech investing, we leave it to the experts. Fortunately, we have a number of such professionals in our Rolodex. Our colleague Jeff Brown will recognize to our longtime readers.
In reality, he had numerous triple-digit returns in his Brownstone Research study portfolios last year. Here's what Jeff thinks the tech sector will bring us in 2021 Each year, I like to take a look at the big picture and predict what's just around the corner. Longtime readers of my work understand that I follow the most amazing tech patterns on the brink of mass adoption.
These patterns are experiencing rapid development and producing incredible chances for investors. I wish to make certain all our readers are gotten ready for what's next. And with that in mind, let me draw the photo of what I see being available in the next 12 months 1. 5G Devices Our new 5G (fifth-generation) cordless networks are a topic I've been covering for years now.
Although the COVID-19 pandemic interfered with supply chains in 2015, an outstanding 250 million 5G-enabled devices were still sold. Specifically in the 2nd quarter, there were supply chain disturbances, producing hold-ups, and work blockages. And all of this eventually resulted in Apple postponing the release of the 5G-enabled i, Phone 12 by 2 months.
When you consider all of that, selling 250 million units is amazing. More importantly, the hold-ups brought on by the pandemic produced a ton of pent-up demand. Which need is now going to be pushed into 2021. In reality, I predict that more than 500 million 5G devices will be delivered in 2021.
Phase 3 of 5G When I've discussed 5G in the past, I have actually explained its 3 different phases. In Phase One, the facilities of these new networks is built out, including all the brand-new towers and fiber-optic circuitry that 5G will require. In Phase 2, 5G gadgets go on sale.
And in Phase Three, 5G services start to be provided. That's when we start to see applications running on 5G networks. And my second 5G prediction for 2021 is that we will begin Stage Three by this summer season.
More and more consumers will go out to buy a 5G phone to access these applications. 5G is going to open up a suite of extraordinary applications: self-driving cars, the Internet of Things, robotic surgical treatment, and more.
The financial investment opportunities moving forward will be enormous. 3. CRISPR Genetic Editing Stepping away from 5G, the next important innovation I visualize in 2021 is CRISPR genetic editing. CRISPR means "clustered routinely interspaced brief palindromic repeat." It's a mouthful. But it's one of the most amazing advancements in biotechnology.