Articles by Harold Furchtgott-Roth
Is there economic hope for the future? A widely reported JPMorgan study released in early September suggested that Apple's iPhone 5 would increase 4th quarter economic growth by between 0.25 percent and 0.5 percent. Surely the iPhone 5 is a great device and will have many sales around the world. Unfortunately, I believe the JPMorgan calculations are not accurate.
Over the past several weeks, the American public has seen a stark contrast between the two major political parties in their views about the role of government in business, particularly small business. In a campaign speech in Roanoke, Virginia, President Obama emphasized the importance of government support for business in a wide range of activities from infrastructure such as roads to Internet research and development.
The Commerce Department recently issued the gross domestic product measures for the second quarter of 2012. The news, a meager 1.5 percent growth, is not good for either the economy as a whole or the wireless sector.
Verizon and various cable companies may join a long line of American companies that considered cross-marketing arrangements and may even have attempted cross-marketing arrangements. But ultimately, they, too, will discover that cross-marketing arrangements do not easily work.