The next generation iPhone 5, which Apple Inc plans to release this week, could not only boost the tech giant's bottom line - but could give a significant boost to the overall US economy. Sales of the new iPhone could add between a quarter and a half percentage point to fourth quarter annualized growth in the US, according to JP Morgan's chief economist, Michael Feroli in a note to clients on Monday.
For more log onto- http://www.newsx.com
Comments