Apple has been on the cutting edge of technology for many year. However, their leading competitor Samsung has begun to close the gap. Apple has several major and minor issues that should be addressed in order to corner the market and pull ahead of their competitors. In the past, Apple has been able to generate a buzz with their revolutionary products and top of the line technologies. However, in the past few years , their lack of product innovation has caused a drop in the companies popularity. Apple needs to reinvigorate their imagine in the eye of the public and improve their business strategy. Outlined below are several of the major and minor issues facing the Apple corporation, as well as recommendations to help the corporation regain its share of the market.
Perhaps the biggest issue facing Apple is the lack of a visionary at the helm of the company. Steve Jobs was a truly remarkable man. He was a visionary and was at the helm of almost all of those technological advances that made Apple famous and brought them where they are today. Ever since Mr. Jobs passed, the company has lacked truly groundbreaking idea and hasn’t introduced new and cutting edge products like they were when Jobs was running the company. Under Jobs leadership, the entire cellular phone industry was changed forever. He was able to come up with and perfect the iPhone, which was miles ahead of anything that any of Apples competitors had at the time. When the iPhone was created, Apple was able to
One of the major challenges facing Apple was to get the appropriate replacement of the company’s visionary Chief Executive Officer (CEO) Steve Jobs who died on October 2011. The CEO was responsible for turning Apple into what it is today. Apple is in this case challenged to purse the strategies employed by Steve, that propelled the company to new heights, and which saw the company become a
There are various threats in the external environment that influences Apple. Rapid technological development and change is a problem, the company might be set aside by a competitor who invents a newer technology. Tax increases have also influenced Apple. Apple’s profits went down due to new taxes. Patent breaches pose a huge threat, competitors might imitate their technology and make profit on these features. Appreciation of the dollar, Apple’s profits in foreign countries are reduced due to strengthening the dollar. The growing popularity of Android, widespread use of this operating system makes Apple’s infrastructure less attractive for customers. Increasing labor costs in Asia, the protests of workers in Asia, especially Foxconn
I had the pleasure of researching Apple, Inc. I don’t own any apple products but I do admire the story behind the product. We are going to go behind the scenes of the major company Apple, Inc. We will look into the services, products, financial profile, history, and marketing. In order to understand who Apple is today we have to understand where it came from. The headquarters for the company is in Cupertino, California. The current CEO of the company is Timothy Cook. Apple currently has 92,600 employees worldwide.Apple Inc. was founded by Steven Wozniak and Steve Jobs in 1976. They had a vision that no one else could possibly understand. It’s hard to see someone else’s vision. Let’s take a look at where the name Apple came from. Jobs and Wozniak was in the car when they thought of the name apple. Jobs was on a fruitarian diet. They wanted a name to represent something that everyone always wants. I don’t know about you, but I’m not always a fan of apples. Jobs recently visited an apple farm and thought the name sounded fun. Wozniak was a fan of the Beatles, and he questioned due to the Beatles record label Apple Records. Jobs was more of the visionary type of person. He seen something great into what Wozniak was trying to create. Sometimes that’s all you need is a little push in the right direction. As I continued to research Apple it amazes me how someone
2. What lead to the deterioration in Apple's performance from 1992 to 1997? By the early 1990s, Apple already enjoyed the benefits of a tremendous reputation and brand identity among its many customers and was greatly outpacing Windows-based computer manufacturers such as IBM (Fisk, 2008). Based on the strength of sales and brand loyalty, Apple focused largely on
Apple began as a conventional computer company, and has proven to be be one of the world’s biggest distributors and designers of electronic devices such as computers and laptops, smartphones, tablets, music players, and now watches and televisions. Apple’s distinct business model offers a unique operating system for all its products. In recent years, Apple has branched out into entertainment and information services. Currently, Apple is one of the world’s largest online retailers of music, streaming video and software solutions, including applications for smartphones (Makos, J. 2015). With any organization there are opportunities and threats. We will examine environmental threats and opportunities that could impact Apple, as well as, where Apple should focus their efforts to decrease the threats and maximize the opportunities.
Over the years, Apple has been able to improve their products and achieve global supply chain, entering the market as a necessary product for consumers, "is not just a computer is a Mac " this kind of good will is what apple has managed to position.
The case that Apple is dealing with is somewhat of a unique case. It is hard to believe that such a profitable organization can be solely run and operated off of one man’s vision and leadership. This article states that Apple fell as a company when Steve Jobs was fired in the 1980’s and is predicting another fall somewhere in the future now that Steve Jobs is deceased. Steve Jobs’ ideas did not only innovate the market but he strategically positioned Apple to build on one another to create sales revenue from all different target markets using 3 devices along with apps. Since Steve Jobs passed, there have not been any new innovations that Apple has released. Because of this, the case is reporting that Apple is headed towards a more sluggish period than they had become accustomed to.
Apple is considered to this day one of the most important and well-known corporations of the world (Rumelt, 2011). Since the early beginnings the company has been known for its particular focus on a specific user market as well as its customer friendly campaigns and touch for an upper medium consumer. Currently, Apple stands as one of the most successful corporations on the market. This place however is the result of a specific line of thinking and a strategic planning that transformed Apple Computer to Apple Inc. and placing the company in front of its competitors.
Apple 's publicizing mix consolidates progression practices that underline the first class picture and nature of the affiliation 's things. The constrained time or promoting trades mix supports business position in accomplishing more target buyers. For Apple 's circumstance, this section of the displaying mix fuses the going with parts:
Apple is the multinational company of the United States. The underlying company produces and sells the electronic products and computer software. Apple Company established in 1976 with the name of Apple computer but after that it has changed its name as Apple incorporation and provides several other services. The underlying company is the largest information technology company, according to the revenue. Apple also produces mobile phones and it is the world second largest mobile phone manufacturer. The total employees of apple are 115,000. Apple has total 478 retail stores in seventeen different countries. The total annual revenue of apple from the whole world for the year of September 2015 was $233 billion. The revenue of Apple contributes to 1.25 percent of the GDP of the United States. In the year 1984, Apple launched the
We all know Apple makes money. But how? Apple sells its products through the retail channel, playing the role of wholesaler, while also selling directly to consumers through stand-alone retail stores and online stores.
This paper aims to highlight and discuss the major challenges and opportunities which Apple Inc. faces while bringing innovation in the four primary areas of its business operations; including product innovation, process innovation, marketing innovation, and organizational innovation. The major focus of the paper is towards discussing the combination of all these processes which this organization follows and the major challenges which it faces in the course of its innovation or change strategies. The paper concludes by summarizing the importance of innovation for Apple Inc. in the light of the whole discussion.
In September 2014 Samsung Electronics presented their new products, which are going to increase their chances in a global technological market against small and large firms, especially against Apple Inc. Samsung presented their new smartphone – Samsung Galaxy Note 4, Samsung Note Edge and new watches – Samsung Gear S. They are planning to get ahead the competition with Apple Inc.
The Apple Company has been the leading innovator in the businesses of computing, mobile communication applications and digital media distribution for more than a decade. And from this position, many of its product releases signal the release of new and important technological developments in the marketplace. However, for several years and particularly underscored by the passing of founding visionary Steve Jobs, Apple has been accused of treading water with its most recent product releases. This would be magnified by customer grievances with the unsatisfying product changes driving the release of the iPhone 5 in 2012.
Apple is known as one of the best companies in the world. It is not surprising that Forbes has named the firm the most admired company in the world for four straight years. This is admiration both from the business world and from consumers who buy the amazing products Apple has developed. The business itself has been a model of efficiency and innovation, taking some of the most innovative electronic products ever to market and forcing the rest of the electronics manufacturing world to follows its lead. It is also a company that went from almost closing its doors to the level it now maintains in just a few short years. Consumers are clamoring for new and better products and Apple executives are always happy to oblige. With is stable of i-products, Apple has become one of the best known and most beloved companies around the world, and there seems to be no end to the types of products that the company can design and the further accolades the company can accumulate.