iphone 5 on a pedestal like a work of art. >> this is iphone 5. >> reporter: the most successful smart phone in a sea of competition has a bigger screen, is thinner and lighter. >> one new function is passbook. you have an airline ticket electronically in your phone it knows where you are, when you walk into the airport, the plane ticket pops up and checks you in automatically. analysts believe the iphone 5 can sell enough to actually help the nation's economy. jpmorgan's chief economist predicted the iphone 5 could add between .25% to .5 percentage point to the gross domestic product. >> without a doubt it can affect the u.s. economy. it is affecting the economy globally, why not us. >> reporter: apple's manufacturing process is controversial, costing $8 per phone and done in china. but the company says american jobs are part of the process. more than 500,000 american jobs are in one way or another connected to the apple universe. among them, the people at corning who make the phone's amazing gorilla glass. they say the invention of the