The impending Age Of Abundance was prophecied in the scriptures thousands of years ago.
Saturday, September 15, 2012
The iPhone And The GDP
This is rather curious. Just one little thing, the i is a small letter even at the beginning of a sentence.
Wall Street Journal: IPhone 5 Sales Could Offer Big Boost to GDP
analysts expect Apple to sell about 8 million iPhone 5 units in the final three months of the year. If the phone sells for around $600, with about $200 of it counted as imported components, then $400 per phone would figure into the government’s measure of gross domestic product...... The new iPhone sales could boost GDP by $3.2 billion in the fourth quarter, or $12.8 billion at an annual rate. That is an increase of 0.33 percentage point in the annualized rate of GDP growth. It could be even higher, he says. Even a third of a percentage point would limit the downside risk to J.P. Morgan’s fourth-quarter growth projection of 2%. ..... forecasts for third-quarter GDP growth to 1.5% and the fourth quarter to 1.4%, both down seven-tenths of a percentage point, largely due to the effect of the drought on farm output. ..... The economy grew at a 2% pace in the first quarter of this year, then slowed to 1.7% in the second quarter. In the final three months of last year, the U.S. economy expanded at a 4.1% pace after a sharp slowdown earlier in the year.
Friday, September 14, 2012
Pinterest Is Coming Along
“It is usually the case that people gravitate to services that match their interests and their needs. Some of the more popular subjects on Pinterest are likely to be especially interesting to women, such as food, fashion, interior decorating and design,” said Lee Rainie, Director of the Pew Internet & American Life Project, and co-author of the study....... Food is the fastest growing category on Pinterest and generates the most repins...... To put Pinterest’s user base into perspective, Pew researchers found that 66% of U.S. adults are on Facebook, 20% are on LinkedIn, and 16% are on Twitter. Pinterest has surpassed Tumblr, which is used by 5% of U.S. adults. Instagram has also developed a sizable user base, with 12% of all adults now using the mobile photo-sharing app.Source
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