1. Historically, what were Apple’s major competitive advantages?
To have a competitive advantage a company should have a right strategy, consequently to have distinctive competences and as a result to have good resources and capabilities, which bring high profitability to the company. In our case the competitive advantages of Apple is differentiation and innovation, high quality, great customer responsiveness, high level of marketing and having strong sales department. By recruiting Steve Jobs Apple did its first steps. They have done a good research and according to the results offered their production. By having good marketing and sales and good customer responsiveness Apple gained loyal customers. This means that Apple has good
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iTunes was a disadvantage for the competitors.After iPod, other companies, such asSamsung, SanDisk and Creative came with their products, but they had market of 10% and below. The iPod is not just an MP3 player, it encompasses many good ideas as it got benefited of its Mac computers. Besides, the design of iPod was very stylish. -Power of Suppliers-High: The main suppliers in this industry are the song writers, singers and players who are the threat. One of the other threats is the possibility of downloading free songs from different websites. Although this encourages the MP3 Player market, it is a real threat for iTunes. -Power of Buyers-Low: The number of buyers is increasing, however, they look for innovative and updated products, their needs have changed, as they are more knowledgeable to use different software. iPod has its loyal customers and they pay the price for their favorable products to look stylish. Thus, the threat is low. -Substitute products-Not so high: The substitutes for iPods are the mobile phones, CD players, radio, etc. iTunes music store and other online music stores make the downloading easier. Moreover, most of the people use iPhone which is a real substitute for iPod and decreases the sale of iPods. Analyzes of Smartphones by Porter’s 5 forces: -Rivalry-High: There are large numbers of competitors in the market for iPhone, such as Samsung, LG, Nokia, etc. But, it is remarkable that iPhone is in the third position of all the
It’s quite clear that the actual strategy of Steve Jobs and Apple goes toward a biggest share of the computer markets, although it’s never sure in which way they plan to improve/achieve such a goal. Another key issue in up-to-today Apple strategy is it’s entrance on mobile markets, due to the big importance the telecommunications and their integration with all the other existing electronic devices (VOIP, UMTS, mobile broadband internet etc) has in shaping a so-called digital era/revolution.
The supplier group’s products are differentiated or it has built up switching costs for the buyer
This graph shows the total number of Apple employees at the end of each fiscal year from 2005 to 2016. As of 2016, the total number of full-time employees had reached more than 110 thousand. Apple is the most valuable brand in the world in 2016 (Forbes, 2016), but it is not the world’s largest companies in terms of staff. A lot of companies in technology industry, such as Amazon and Samsung, have a larger number of employees than Apple.
Issue 01: Steve Jobs is now gone - can they do it without him in the long term?
In this research paper I would like present the strategies of the World’s most Profitable, Leading and Uniquely Recognized Company: Apple Inc.
Apple Inc. is a globally recognised pioneer in the tech industry. It is a corporation that designs, develops and sells electronic products such as tablets, computers and phones. Founded by Ronald Wayne, Steve Jobs and Steve Wozniak in 1976, it is a multinational corporation with headquarters in Cupertino, California. Tim Cook has been CEO since Jobs’ passing in 2011.
Apple Inc. in 2012: Can it sustain its growth and defend against new competitive threats?
Apple Inc. is established in California on April 1, 1976 and incorporated on January 3, 1977. Apple Inc. focuses on designing and manufacturing consumer electronics and software products. Which should be mentioned is that the company's best-known products are Macook, iPod, iPhone, and iPad.
Revenues are recognized in a net basis and only commissions they retain from each sale are reflected under the company’s financial statements.
* Apple has the customer base mainly in the United States that is devoted to the company and its brands.
This report aims to evaluate Apple Computer • past and present performance in order to most importantly stipulates the future position of this largely successful company. Being that the company’s objective centers on increasing profits, increasing market share, and maintaining brand image.,
This paper presents a case study of Apple Inc. Apple Inc. is a technology based corporation with emphasis on computer software and hardware (MAC and Apps), tablets (IPad), smart phones (IPhone), and mp3 plays, (ITouch). Apple Inc. has grown tremendously over the years and ever since 2001 has expanded its brand and retail stores to over 375 stores/outlets globally. The business has seventy two thousand eight hundred employees in thirty eight countries. Apple Inc. has truly become one of the most efficacious corporations within its field behind or competing with Microsoft and Google Inc.
Apple Inc. has launched its iPhone in January 2007 (telegraph) as a new product in the market with latest technology and it was the first multi touch smartphone adding the feature of iPod and received an overwhelmed response by selling 270000 units. It had created a new record for a new company like apple, iPhone had laid a stepping stone for the success of Apple and till this time iPhone is the best seller product of Apple Inc. during first quarter of 2016 apple has sold over 74 million iPhones worldwide. (statista, 2016).
Apple OS is behind its competitors which is equivalent to the competitors but not a leader.
The music industry’s reinvention, shifted from physical stores to downloads, hence guaranteeing new opportunities for their business (and that of competitors);