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.
Related
For my earlier holiday expectations see the following posts: Holiday
Amazon announced it will reduce about 14,000 corporate roles as
Google, Walmart, Amazon, and others entering into traditional banking. Read