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09-11-2012, 02:58 PM #1
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.”
Source: Chicago Tribune
09-11-2012, 03:36 PM #2
iPhone 5 better not turn into an epic fail.
09-11-2012, 04:11 PM #3
09-11-2012, 04:38 PM #4
09-11-2012, 05:00 PM #5
09-11-2012, 06:04 PM #6
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.
09-11-2012, 08:38 PM #7
I hope HTC and Samsung gets a ban on it.
09-11-2012, 08:55 PM #8
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.
09-11-2012, 10:00 PM #9
09-12-2012, 12:26 AM #10
09-12-2012, 12:57 AM #11