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When iPhones Ring, the Economy Listens
- jolux 12y agoSort of embarrassing they had the picture from last year's keynote listed as the one from this year.
- swartkrans 12y agoThe picture is from this year's keynote, as that's the blue shirt he was wearing this year. He wore a black shirt in 2013. It's just the slide in the background are of the older phones.
- legacyfruit 12y ago>He estimates that iPhone sales are adding one-quarter to one-third of a percentage point to the annualized growth rate of the gross domestic product. That's amazing. This means that iPhones account for 0.25-0.33% of all consumption in the US. (reasoning behind this: annualized growth rate is (gdp for year / gdp for previous year) - 1, so to account for 0.25 percentage points of growth means to be 0.25 percent of gdp)