"How the iPhone 5 Could Bolster the G.D.P."

Discussion in 'iPhone' started by madsci954, Sep 12, 2012.

  1. madsci954 macrumors 68030

    Joined:
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  2. LFSimon, Sep 12, 2012
    Last edited: Sep 12, 2012

    LFSimon macrumors regular

    LFSimon

    Joined:
    Jun 13, 2010
    Location:
    Illinois
    #2
    Increase USA GDP - NOT! Increase Chine GDP - Yes

    Now wait a minuite! Sales of iPhone's should have no impact at all on the USA GDP, it is not a USA product.

    Definition of 'Gross Domestic Product - GDP'
    The monetary value of all the finished goods and services produced within a country's borders in a specific time period, though GDP is usually calculated on an annual basis. It includes all of private and public consumption, government outlays, investments and exports less imports that occur within a defined territory.

    Read more: http://www.investopedia.com/terms/g/gdp.asp#ixzz26GZMXMoK

    iPhones are made in China!
     

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