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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Art Cashin, UBS Financial Services’ director of floor operations at

Love this release. MEMS are hot and this is too.

Earlier this month, Amazon won approval for a patent that