Decode and Conquer by Lin Lewis C

Author:Lin, Lewis C.
Language: eng
Format: epub
Publisher: UNKNOWN
Published: 2019-10-30T23:00:00+00:00

90 percent of people have a cell phone.

Cell phone users are locked into contracts. That is, they cannot get a new phone unless they pay a penalty to break a contract. The contract is normally two years, so cell phones get replaced once every two years.

Each person buys one cell phone.

Smartphones are about 60 percent of new cell phone sales.

The iPhone has a 40 percent market share of the smartphone market.

Going into the calculations:

The number of people who want to buy a new phone each year is:

([315 million people in the US] x [90 percent of people have a cell phone]) x (50 percent will be buying a new phone this year) = 142 million

Download

Copyright Disclaimer:
This site does not store any files on its server. We only index and link to content provided by other sites. Please contact the content providers to delete copyright contents if any and email us, we'll remove relevant links or contents immediately.