The new iPhone 5 from Apple was always destined to be a big success but it seems as though the popularity of this model has even caught financial experts by surprise A September rise in consumer spending in the United States has been partly blamed on the launch of this exciting new device.
Consumer spending in the United States was always expected to increase during September but the actual rise of 1.1 per cent was higher than expected and the blame for this has been firmly layed at the door of the iPhone 5. The model was released in late September and the millions of consumers purchasing the device has had a positive effect on the retail market in general.Apple are the most valuable US company on Wall Street and it is well known that their output can have an effect on two of the three key US price indexes. Latest figures suggest that the influence of the company is much more widespread and can directly effect retail spending figures across the whole country.
Just one glance over the specification of the new iPhone 5 and it is easy to see why this phone has proven more popular than any other version of the famous Apple device ever produced. Many changes are present on the new model and the biggest is undoubtedly the inclusion of a new 4 inch Retina display which is larger than the 3.5 inch screen that has always been used on previous models. The new design of the phone is also a major attraction for many consumers . Not only does the new body sport a nice metallic design it is also the slimmest phone on the market at just 7.6mm. A host of other changes include an updated OS and a new super fast A6 chipset.
The success of the iPhone 5 has not only taken the smartphone market by storm but it has also had a positive effect on retail spending in the US on a whole. The new Apple phone is on course to break sales records and could become the most popular smartphone of all time, seeing of challenges from other popular devices such as the Samsung Galaxy S3 and the HTC One X.