Question: Raspberry Phones uses external data to forecast the coming year's sales. The company has 7.8% of all new-phone sales in the United States and 5.7%

Raspberry Phones uses external data to forecast the coming year's sales. The company has 7.8% of all new-phone sales in the United States and 5.7% of all replacement-phone sales. Industry forecasts predict 17.2 million new-phone buyers and 30.1 million replacement-phone buyers in 2014. If the average Raspberry phone costs $83.70, what sales revenues is the company forecasting for 2014?

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