Monday, October 15, 2012

IPhone Makes Retail Figures Tougher Call

With apologies to conspiracy theorists questioning September’s jobs data, the fix may be in for Monday’s retail-sales figures, too. That is thanks not to politicians, but Apple Inc. Months when its major products have gone on saleparticularly the iPhonehave been strong relative to expectations.

Economists’ consensus forecasts compiled by Dow Jones Newswires are that September retail sales rose 0.7% last month. That would be …

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Read also:

IPhone helped retail sales, but only a touch (MarketWatch)

iPhone 5 likely to impact Sept. retail numbers (Bizjournals.com (blog))

Did iPhone 5 jolt September retail? (Upstart (blog))

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