Retail News

Economist: iPhone 5 Could Give Shot in the Arm to GDP

Newsday 09/11/2012

In a note to clients, J.P. Morgan’s chief economist, Michael Feroli, wrote that “sales of iPhone 5 could boost annualized GDP growth by $3.2 billion, or $12.8 billion at an annual rate.”

MORE ON THIS STORY...

MORE RETAIL NEWS HEADLINES...

Discussions
Check out RetailWire's Engaging Online Discussions Featuring Our Exclusive Braintrust!