Need a time series chart done with explanation using information below.
The example the group chose is forecasting future sales is the Apple I phone. The demand for the Apple iPhone is very competitive. “In an investors note, Hall stated that the most bullish prediction at this point call for 235 million iPhones sold across 64 different countries throughout Apples’s fiscal 2015, which starts in October. Such an estimate would actually be 18 percent higher than the firm’s current forecasts.” (Whitney, 2014) Apple shock everyone by increasing the screens and creating the iPhone 6 plus. This opened apple up to different consumers. It was agreed that some consumers like bigger phone. Apple is often compared to Samsung Galaxy, and Apple opened the door to be compared to the Samsung Note. This brought in more competition to Samsung. Apple iPhone and Samsung are the two of the biggest competitors in the cellphone market.
Apple always anticipates higher sales each year. “Apple sales were lower than expected back in 2014. Instead, the forecast for the March quarter – when Apple is expected to have reaped the fruits of that long-awaited deal – raises questions of whether investors had over-estimated that arrangement, and broader concerns about flagging demand for smartphones and tablets in general.” (Rigby, 2014) The company expected sales were quite different from the actual sales they received. Listed below is graph and numbers that will give you an idea of Apple and their profits.
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Global Apple iPhone sales 2007-2015, by quarter |
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Global Apple iPhone sales from 3rd quarter 2007 to 1st quarter 2015 (in million units) |
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data |
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Q3 ’07 |
0.27 |
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Q4 ’07 |
1.12 |
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Q1 ’08 |
2.32 |
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Q2 ’08 |
1.7 |
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Q3 ’08 |
0.72 |
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Q4 ’08 |
6.89 |
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Q1 ’09 |
4.36 |
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Q2 ’09 |
3.79 |
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Q3 ’09 |
5.21 |
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Q4 ’09 |
7.37 |
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Q1 ’10 |
8.74 |
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Q2 ’10 |
8.75 |
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Q3 ’10 |
8.4 |
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Q4 ’10 |
14.1 |
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Q1 ’11 |
16.24 |
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Q2 ’11 |
18.65 |
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Q3 ’11 |
20.34 |
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Q4 ’11 |
17.07 |
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Q1 ’12 |
37.04 |
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Q2 ’12 |
35.06 |
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Q3 ’12 |
26.03 |
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Q4 ’12 |
26.91 |
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Q1 ’13 |
47.79 |
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Q2 ’13 |
37.43 |
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Q3 ’13 |
31.24 |
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Q4 ’13 |
33.8 |
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Q1 ’14 |
51.03 |
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Q2 ’14 |
43.72 |
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Q3 ’14 |
35.2 |
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Q4 ’14 |
39.27 |
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Q1 ’15 |
74.47 |


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