Question: Raspberry Phones uses external data to forecast the coming year's sales. The company has 8% of all new-phone sales in the United States and 6%
Raspberry Phones uses external data to forecast the coming year's sales. The company has 8% of all new-phone sales in the United States and 6% of all replacement-phone sales. Industry forecasts predict 18 million new-phone buyers and 31 million replacement-phone buyers in 2014. If the average Raspberry phone costs $85, what sales revenues is the company forecasting for 2014?
What sales revenues is the company forecasting for 2014?
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