Impact of Apple’s iPhone 5 on U.S. economy estimated at $75 billion in 2012

“Apple’s (AAPL) most recent smartphone launch was its biggest ever by a wide margin,” Zach Epstein reports for BGR.

“Apple’s latest iPhone isn’t just a big deal to Apple fans, however — according to Mobile Future, a coalition of wireless companies and non-profit organizations, the iPhone 5 had a staggering impact on the U.S. economy in 2012,” Epstein reports. “Mobile Future’s ‘2012 Mobile Year in Review’ covers a number of impressive mobile feats… [including that] the iPhone 5, one single smartphone model that will have been available for just three months and nine days when 2012 comes to a close, is estimated to move the U.S. economy up by about $75 billion this year.”

Read more in the full article here.

MacDailyNews Take: Note to Apple Inc. naysayers, AAPL stock fomenters, pretend iPhone settlers, fake Mac sufferers, and other assorted riffraff:

And don’t you forget it.

[Thanks to MacDailyNews Readers “Fred Mertz,” “Dan K.”, and “James P.” for the heads up.]

Related articles:
Apple Stores dominate retail with double the sales per sq. ft. of nearest rival, Tiffany & Co. – November 13, 2012
514,000 U.S. jobs created thanks to Apple Inc. – March 2, 2012


  1. It’s hard to believe a company making so much money and having such an impact on a couple of industries is losing market value faster than a sponge loses water on a sunny beach. Downgrades are coming faster than ever so it’s hard to know what to believe. Believe it or not, it’s being said that Apple won’t even be a part of the mobile revolution in 2015. Apple’s mobile empire is being projected to practically disappear overnight. Go figure.

      1. True. Many investors look as the past and see Sony with the Walkman who dropped like a hot rivet from a bare hand. Just because Sony couldn’t sustain their run they figure that Apple can’t continue with huge profits and great innovation.

  2. The market is based on hype. aapl at this point is so secure that the market can hold the stock down and bring it up at will to make profit.
    Stocks like Amazon are hyped forever upward on potential future gains.
    The market thrives on speculation. Apple kills that and as a result in not part of the hype game.

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