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The image shows average annual expenditures from 2001 to 2010, beginning with cellphone services at approximately $200 and residential phone services around $700 in 2001. Cellphone services show a steady increase to $300 in 2002, $350 in 2003, $400 in 2004, $450 in 2005, approximately $500 in 2006, around $550 in 2007, $600 in 2008, about $650 in 2009, and reaching just above $700 in 2010. Residential phone services exhibit a decline from $700 in 2001 to around $680 in 2002, $630 in 2003, approximately $580 in 2004, $530 in 2005, $480 in 2006, $430 in 2007, $380 in 2008, approximately $330 in 2009, and just above $300 in 2010. Cellphone services spending surpassed residential phone services between 2006 and 2007.
Given the complexity of the image, the above description may not be entirely accurate.
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The graph below sheds light on average amount of money spent on cell phone and residential phone services per year in dollars from 2001 until 2010.
Overall, although at the beginning of period, the buyers of residential phone services showed the highest amount, at the end of period expenditure on cell phones surpassed, being the mostly sold type of phone in 2010.
Looking at the graph, the rate of residential phones were sold to $700 which was higher by $500 than cell phone’s index. In 2010, mobile phone producers sold almost $1400 worth of products, after increasing moderately from $200 until $600 over the period of 7 years.
Nevertheless, before hitting a free fall, the ratio of income from residential phone sales decreased gradually from $700 to just over $400 between 2001 and 2007. Interestingly, both home phones and mobile cell phone manufacturers were able to sell products worth only $500 in 2006 respectively.
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