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iPhone Demand Outstrips Supply in China. By: Haodi Zhang. Graph. The Shift in Quantity Demanded and Supplied in Response to the change in Price. Quantity Supplied vs. Quantity Demand. 1:5. Supply (iPhone). Quantity Demand (Preorders). D. D. Stakeholders. Consumer (With Phone). Apple
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iPhone Demand Outstrips Supply in China By: Haodi Zhang
Graph The Shift in Quantity Demanded and Supplied in Response to the change in Price
Quantity Supplied vs. Quantity Demand 1:5 Supply (iPhone) Quantity Demand (Preorders) D D
Stakeholders Consumer (With Phone) Apple China Mobile China Telecom China Unicom Consumer (Without Phone) Loser Winner Manufacturer Seller on Internet Unknown
Why is the Demand so High? • People are making more money in China so they want a better phone • iPhone has good 3G connection • A person can buy many of it, and sell it for a higher price
Problem Competition • The quantity supplied of the iPhone is not catching up to the consumer, and consumer’s can substitute iPhone with other phones.
Graph The Shift in Quantity Demanded and Supplied in Response to the change in Price
Conclusion • The suppliers needs to increase thesupply • They should open more retail stores • In conclusion, if they follow their plan, it will be fine