How the iPhone 5 will boost U.S. economy

Posted by Unknown Tuesday, September 11, 2012

Can a small electronic device to make a difference in economic matters? The answer, according to a report by JP Morgan Chase, is yes: the iPhone 5 is not only the object of desire of users of new technologies, not only the smartphone that everyone will want to beat and will not be exclusively subject to all technology journalists will devote over time and space. Also be a boost for the U.S. economy.

Sales of the device could "potentially" add a quarter to half a percentage point to GDP growth in the U.S. in the last quarter of the year, according to estimates by JP Morgan Chase economist Michael Feroli and, as stated in BusinessWeek.

Any exaggeration to think that a phone can have such an impact on the economy of a country? Feroli has been based on the sales figures of the previous models Apple terminal and has established a pattern. It is expected to be sold over 8 million units in the last quarter end of 2012 (taking into account the data of the iPhone 4S, which was released in October and it was not a long-awaited device as the new model).



Feroli puts the average selling price at $ 600 (no matter that the subsidies operators: for public accounts worth $ 600 terminal), of which 200 are in import costs and 400 remain as device value in the U.S. . So in total, taking into account the number of terminals and value figures, move the device in the U.S. in the last three months of 3200 million.

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