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.
Pudits like to point to apps (and importantly the availability
Dr. Shawn DuBravac is author of the New York Times Best Seller Digital Destiny: How the New Age of Data Will Transform the Way We Work, Live, and Communicate, which explores how the world’s mass adoption of digital technologies portends the beginning of a new era for humanity in the realms of business, healthcare, finance, transportation and culture.
