The line graph illustrates data on how much money was spent on cell phone and residential phone services over a ten-year period from 2001 to 2010.
Overall spending on residential phone services declined dramatically, while the popularity of mobile phone services expenditure experienced a significant increase over the given period. Also, both services met at the same record in 2006.
In 2001, the expenditure on phone services was notably higher at $700, whereas spending on cell phone services was around $200. Over the following five years, expenditure on landline phone services dropped gradually to just below $600, while expenditure on cell phone services rose to just over $500.
In 2006, cell phone overtook landline phones, and the service became equal in popularity with customers’ annual expenditure of about $500. Then, cell phone expenses rose to about $750 in 2010, making nearly a fourfold jump relative to its initial figure in 2001. Meanwhile, spending on residential phone services experienced a steep fall in 2007 and went on a steadily decrease for the rest of the period.
