• Your favorite

    Apple

    ,

    iPhone

    ,

    iPad

    ,

    iOS

    ,
    Jailbreak
    , and
    Cydia
    site.
  • Economist: iPhone 5 May Impact American GDP


    Talk about your economic stimulus.

    On Tuesday, the Chicago Tribune reported the latest expectations among some industry analysts and leading economists regarding the impact Apple's next-generation iPhone may have on the national economy.

    J.P.Morgan chief economist Michael Feroli believes that sales of the new iPhone could potentially add as much as half a percentage point to annualized gross domestic product growth in the fourth quarter of 2012.

    "If the imported cost component is similar to previous leading generation phones it would imply around a $200 per phone addition to imports (which is a subtraction from GDP). The difference between these two figures, $400, would represent the trade margins, which figure into GDP,” Feroli says.

    “This estimate seems fairly large, and for that reason should be treated skeptically,” Feroli said. “However, we think the recent evidence is consistent with this projection.”
    Feroli tells the paper that iPhone 5 sales could jolt GDP by $3.2 billion.

    Source: Chicago Tribune
    This article was originally published in forum thread: Economist: iPhone 5 May Impact American GDP started by Michael Essany View original post
    Comments 10 Comments
    1. texan's Avatar
      texan -
      iPhone 5 better not turn into an epic fail.
    1. buttrr76's Avatar
      buttrr76 -
      Quote Originally Posted by texan View Post
      iPhone 5 better not turn into an epic fail.
      it's not the iphone 5.. it the 6th gen iphone.... and i bet it will be called "IPhone" like "ipad" is not the ipad 3
    1. xhazex9x's Avatar
      xhazex9x -
      Quote Originally Posted by buttrr76 View Post
      it's not the iphone 5.. it the 6th gen iphone.... and i bet it will be called "IPhone" like "ipad" is not the ipad 3
      Its the iphone 5 just like it says on the event invitation get over it already
    1. fatalcrixer's Avatar
      fatalcrixer -
      Quote Originally Posted by xhazex9x View Post
      Its the iphone 5 just like it says on the event invitation get over it already
      Hahahah!!!!!!!!!!!
    1. Breezer23's Avatar
      Breezer23 -
      It'll sell like hotcakes but given what we see it's a pretty half assed update. Same width - just added a bit to the height. I don't see a huge processor upgrade coming either to compensate for the LTE battery drain.
    1. GmAz's Avatar
      GmAz -
      I hope HTC and Samsung gets a ban on it.
    1. Happy Noodle Boy's Avatar
      Happy Noodle Boy -
      I'll be announced tomorrow, be everything the leaks have indicated it'll be, people here will call it the worst thing ever, and then proceed to pre-order it and help the phone break whatever record the 4S broke.

      And now a reminder than every iPhone has sold equally or more to every previous generation combined.

      A
    1. iLoveWindows&iPhone's Avatar
      iLoveWindows&iPhone -
      Quote Originally Posted by xhazex9x View Post
      Its the iphone 5 just like it says on the event invitation get over it already
      Yup!! I've been saying the next iPhone will be the iPhone 5 ever since the 4s was announced! I have always been completely astonished by the amount of people saying it will be called iPhone 6, and all the other names based on horrendously stupid logic!
    1. Just Dummy's Avatar
      Just Dummy -
      Quote Originally Posted by xhazex9x View Post
      Its the iphone 5 just like it says on the event invitation get over it already
      The 5 is for five new products (Macbook, iPhone, iPod Touch, iPod Nano, iPad Mini)
    1. flash66's Avatar
      flash66 -
      Quote Originally Posted by luft5_thor View Post
      the 5 is for five new products (macbook, iphone, ipod touch, ipod nano, ipad mini)
      lol!