Current Event:

http://www.nytimes.com/2014/10/26/your-money/when-iphones-ring-the-economy-listens.html?ref=technology

       Since Sept. 19, when the iPhone 6 and the iPhone 6 Plus went on sale, consumers have been ordering the gadgets faster than Apple can deliver them. The ripple effects are being felt throughout the economy, and they have been moving the stock market.  The iPhone is a measurable impact. Michael Feroli, the chief United States economist for JPMorgan Chase estimates that iPhone sales are adding one-quarter to one-third of a percentage point to the annualized growth rate of the gross domestic product. Sales typically surge every two years when Apple does a major iPhone upgrade.  Apple’s next three months will be incredibly strong. Apple is a powerful and company, especially with the upcoming holiday season.

        Being from such a technology generation, people my age love when the new iPhone comes out.  We all want it and can't wait from our upgrades to arrive.  I know I personally will want it when I have an upgrade in February.  Its a good thing we have these kind of things to boost our economy also.  People always want the newest version of everything.  The think everyone loves iPhones!