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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I wrote some of my early holiday expectations here. Here

“When experts are wrong, it’s often because they’re experts on

While this article by Randall Stross doesn’t mention exact correlations,