Question
We have a new product we have introduced for Apple Inc. that we are marketing for this project at $699. Based on this price, please
We have a new product we have introduced for Apple Inc. that we are marketing for this project at $699. Based on this price, please complete the following question:
"The last section on Financial Projections should show a 5 year projection of expected revenues for Apple Inc. for a product that is listed at $699. In addition, you should present some type of idea when BE (break-even) will take place. Companies that introduce new products generally do not make a profit in year 1 because of the high development and marketing costs required to test and launch the product. Obtaining costs will be difficult, but you should try to estimate costs."
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