Tuesday, October 16, 2012

IPhone helped retail sales, but only a touch

http://articles.marketwatch.com/2012-10-15/economy/34460907_1_retail-sales-new-iphone-online-retailers


Sales of the new iPhone 5, of course, were astronomical last month. Apple (US:AAPL) sold more than 5 million units globally after the latest version went on sale in late September.
The launch of iPhone helped deliver a boost to retail sales. They jumped 1.1% in September, above Wall Street’s expectations of a 0.9% gain. The iPhone may have accounted entirely for the upside surprise — and maybe a touch more. Read about September retail sales.

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