Wednesday is just a few hours away, and so is the next-generation iPhone.
No matter how important the next gen iPhone is for geeky guys and the Apple fans, the new device is going to make changes in the way the revenue figures in the country – both in the US Gross Domestic production figures as well as in the global chip revenues.
iPhone 5, if Apple is going to call it so, is expected to make such a wave of business that it will add ¼ to ½ of a percent point to the GDP growth in the fourth quarter.
J P Morgan, in their research note, has revealed that their analysts expect that around 8 million iPhone 5 devices will be sold in the US just in the fourth quarter of this year.
However, it does not mean that the new generation iPhone will slash the popularity of the existing iPhone 4S.
According to J P Morgan analysts, the existing generations of iPhones will maintain a solid pace at the market despite the excessive demand for the new generation iPhone.
Turning that prediction into figures, it can be seen that iPhone 5 may boost the GDP in the fourth quarter by $3.2 billion or $12.8 billion at an annual rate. Such a boost will result in an annualized GDP growth in Q4 by.33 percent.
The global chip revenue will also have its fair share of revenue from iPhone 5, since Apple eats up a lot of NAND chips and 3G or 4G Silicon for its new devices.
The iPhone 5 is expected to contribute 4.4 percent of total chip revenues in 2013 which will be equal to $13.9 billion.