Global smartphone sales experienced extraordinary growth starting in 2007 with the introduction of both the iPhone and
Question:
Global smartphone sales experienced extraordinary growth starting in 2007 with the introduction of both the iPhone and Android-platform based devices (see the Chapter Introduction). Following are the yearly global sales (in million units) for smartphones beginning in 2008 through 2015:
YEAR SALES
2008............................140
2009............................173
2010............................305
2011............................495
2012............................730
2013..........................1030
2014..........................1300
2015..........................1430
Develop a linear trend line model to forecast smartphone sales for 2016, 2017, and 2018, and compare these forecasts with those reported on the Internet.
Step by Step Answer:
Operations and Supply Chain Management
ISBN: 978-1119444404
9th edition
Authors: Roberta S. Russell, Bernard W. Taylor