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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: i-node who wrote (684456)11/12/2012 1:03:17 AM
From: Tenchusatsu  Read Replies (4) | Respond to of 1572632
 
Inode,
It isn't an official number; it was a news release that some analyst somewhere had suggested that Q3 may end up at 3.2
I'd sure like to see the link to the article.

Speaking of which, I once read an article claiming that the release of Apple's iPhone 5 would drive up the Q4 GDP by 0.33 annualized percentage points:

blogs.wsj.com

The only problem is that the math used to get to that figure is wrong; it should have been 0.0825 annualized percentage points. Several people in the Comments section point this out, but it's amazing how many people on the Internet missed it.

And this is an analyst from JPMorgan who made the math error.

Tenchusatsu



To: i-node who wrote (684456)11/12/2012 9:10:05 PM
From: combjelly  Read Replies (1) | Respond to of 1572632
 
The 2% isn't a final number. Just the first estimate. Those are usually revised.

The growth in wholesale inventories is a strong indicator that the 2% figure will be revised upward. But, we will find out on Nov. 29.