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Does The iPhone Have The U.S. Economy Over A Barrel?

Sunday 26 October 2014 @ 11:48 am

Booming iPhone sales and cheaper oil may not seem to have much in common. But together they both can make a measurable difference in U.S. fourth-quarter GDP. While neither exists in a vacuum — be wary of side effects — the two tell the story of U.S. consumer spending and a strengthening economy.

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