We employ recent developments of generalized differentiation concepts for set-valued mappings and present a Newton-like iteration for solving generalized equations of the form f(x) + F(x) ? 0 where f is a single-valued function while F stands for a set-valued map, both of them being smooth mappings acting between two general Banach spaces. X and Y. The Newton iteration we propose is constructed on the basis of a linearization of both f and F; we prove that, under suitable assumptions on the "derivatives" of f and F, it converges Q-linearly to a solution to the generalized equation in question. When we strengthen our assumptions, we obtain the Q-quadratic convergence of the method.
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