The Impact of the iPhone5 on the US Economy

J.P. Morgan’s chief economist, Michael Feroli, estimated sales of the iPhone5 could boost annualized GDP growth in calendar Q4 by 0.25 to 0.5 percentage points.  You can read more here.

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For more of my holiday expectations: Holiday 2012: Part I

Only one trip in June…. 1 trip 2 train stations

Yesterday Best Buy announced they were exiting Europe through the