iPhone 5 Could Add Half A Percent To US GDP

Analyst expect iPhone 5, which is widely expected to unveiled at Apple’s media event on Wednesday, September 12, to be the biggest consumer electronics product launch of 2012 as well as the biggest device upgrade cycle in smartphone history.
The iPhone 5 launch could be so big that it could give a boost to U.S. economy, according to J.P. Morgan’s chied U.S. economist Michael Feroli reports Wall Street Journal.
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