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"\u201CAir cargo companies saw an increase in cargo volume tied to the launch of various smartphones and computer tablets, which favor shipment by air over other modalities.\u201D\nThat\u2019s from the U.S. Federal Reserve\u2019s quarterly Beige Book, a collection of anecdotal economic observations from the Fed\u2019s branches around the country.\nOverall, expectations are cautiously optimistic, with mostly activity flat or expanding modestly. However, the idea that the iPhone 5 launch (and that\u2019s really what we\u2019re talking about here, although other tech toys contributed) could boost air shippers like FedEx and UPS is fairly notable: It shows how Apple, the world\u2019s biggest company, affects the global economy.\nBefore the iPhone 5\u2032s launch, JP Morgan economists even predicted that the company\u2019s newest phone would give a 0.25 to 0.5 percentage-point bump to U.S. GDP in the fourth quarter. \nFedEx restricted employee vacation and training to prepare for a surge in volume when the new iPhone came out. After all, if you sell more than 5 million units in three days, the only way to get them over from Asia is to fly them.\nImage courtesy of Flickr, Pardesi*"^^<http://www.w3.org/2001/XMLSchema#string>
<http://mashable.com/2012/10/10/iphone-5-air-cargo-industry/>