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apple s latest smartphone, the iphone 5 is faster, sleeker than its predecessors. you ll need a new connector which is kind of a bummer and a scam from apple but you ll have a larger screen. but did you know this? the iphone 5 could be more than just another upgrade. it could quite possibly make a big difference in the economy in the next quarter. here s the explanation. in a new analysis, jp morgan s chief u.s. economist michael feroli calculates sales of apple s latest product could boost economic growth in the fourth quarter by up to .5 percentage points, half of 1%. what does that mean in english? could be a difference between another quarter of bad results and a quarter of a little bit better results. froli s math is simple. the iphone will sell for about $600 a unit. subtract $200 for imported parts. that leaves $400 to be added to the gdp. if apple sells 8 million iphones, that s a $3.2 billion boost to the economy in that quarter. that increases annual fourth quarter growth by
Economy
Kind
Iphone-5
Difference
Apple-s
Connector
Apple
Screen
Predecessors
Smartphone
Bummer
Scam
you probably already know the details. apple s latest smartphone, the iphone 5 is faster, sleeker than its predecessors. you ll need a new connector which is kind of a bummer and a scam from apple but you ll have a larger screen. but did you know this? the iphone 5 could be more than just another upgrade. it could quite possibly make a big difference in the economy in the next quarter. here s the explanation. in a new analysis, jp morgan s chief u.s. economist michael feroli calculates sales of apple s latest product could boost economic growth in the fourth quarter by up to .5 percentage points, half of 1%. what does that mean in english? could be a difference between another quarter of bad results and a quarter of a little bit better results. froli s math is simple. the iphone will sell for about $600 a unit. subtract $200 for imported parts. that leaves $400 to be added to the gdp. if apple sells 8 million iphones, that s a $3.2 billion boost to the economy in that
Kind
Iphone-5
Details
Apple-s
Connector
Apple
Smartphone
Predecessors
Bummer
Scam
5
Economy
you ll need a new connector which is kind of a bummer and a scam from apple but you ll have a larger screen. but did you know this? the iphone 5 could be more than just another upgrade. it could quite possibly make a big difference in the economy in the next quarter. here s the explanation. in a new analysis, jp morgan s chief u.s. economist michael feroli calculates sales of apple s latest product could boost economic growth in the fourth quarter by up to .5 percentage points, half of 1%. what does that mean in english? could be a difference between another quarter of bad results and a quarter of a little bit better results. froli s math is simple. the iphone will sell for about $600 a unit. subtract $200 for imported parts. that leaves $400 to be added to the gdp. if apple sells 8 million iphones, that s a $3.2 billion boost to the economy in that quarter. that increases annual fourth quarter growth by .33 percentage points. factor in the notion these iphones are cool in improvement
Economy
Kind
Iphone-5
Analysis
Difference
Connector
Apple
Bummer
Scam
Upgrade
Explanation
Screen
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