| Apple Apple Inc. is one of the most successful companies in the United States and in the world. Apple Inc. is a multinational company that specializes in the manufacturing of electronic equipment like smartphones, software and computers. The company is well known to everyone for products like iPhone, Macintosh, iPad and iPod. Apple came into existence as the joint effort of Steve Jobs and Steve Wozniak. Wozniak was the mind behind the technology while Jobs was mind behind the marketing strategies. Apple Inc. was founded by Steve Wozniak, Steve Jobs, and Ron Wayne on April 1, 1976 then was incorporated in 1977. The company was first established as Apple Computer Inc. Later on, the company founders decided to remove the world …show more content…
More than 50% of the company’s revenues come from outside of the US which gives the company a strong operating profit margin of 4.2% compared to 2.8% of the industry average (DATAMONITOR). Apple’s perfect position in the market place and its strong financial status gives its customers and investors a strong confidence in the company. However, one major disadvantage of its powerful brand is that their mistakes will be reflected immediately in the whole company. If there is anything wrong with any of Apple’s products or manufactories, sales will go down and Apple’s credibility will decrease as well. Therefore, if there a problem with its factories, employees and products, it should be addressed instantly. Otherwise, people will misjudge the problem as something bad that Apple is doing. Another important strength is its strong media content. The famous iPod and its iTunes products are also a success in the past five years. The IPod provided the company with a whole new level of sales. In 2006, more than one billion songs were downloaded from iTunes. The iTunes music store allows people to download music, movies, TV shows, audio books and videos for a small fee. For example, Apple charges $0.99 per song or $9.99 per album. The variety of its product and easy accessibility of the iTunes Music Store gives Apple a competitive advantage. Another internal part of the SWOT Analysis is Apple is weakness. Like any other
Apple products are designed in California USA and manufactured in different foreign countries such as China, Taiwan, Korea, Mongolia, and Europe which produce part of the devices, most of the raw material ‘Earth Minerals’ to produce these items can be found in China. Since technology has a lot of benefits in human’s life, the demand has been increase year by year which make business to expand and hiring more people in the company. From 2005 to 2015 the number of full-time employee’s has been increase more than 80 thousands.
Apple Incorporation is one of the largest organizations dealing into Information Technology. Apple has a host of products ranging from Laptops, Desktops, Mobile Phones and Multimedia Devices. The company has been extremely innovative in the field of multimedia and it owes it success to one of the greatest innovators, Steve Jobs. The company has always believed in innovation and that is the major reason why it has been so successful in the mobile phone segment. In recent years Apple is second only to Samsung in the Global Mobile Phone industry. However the operations have been largely based in the United States and in times of recession any organization needs to focus on economies of scale and thus focus on growth
Apple Inc formerly known as Apple Computer Inc which provides corporate Server, MAC OS Systems and Operating System. Apples core product lines are the iPhone, iPod and Macintosh System. Steve Jobs and Steve Wozaniak, The founder of Apple has created the Apple Computer on 1st April 1976 and integrated in the company on 3rd January 1977, in Cupertino California. It has driven the Computer manufacturing market for more than two decades. Mr. Steve Jobs who was expelled in 1985 was return as CEO of the APPLE Inc in 1996 with new Ideas and corporate philosophy. With introduction of successful IPod Player in to 2001 Apple has again proved itself as a Market leader in consumer electronics. Latest era of extraordinary success
Apple Inc is a multinational company headquarter in Cupertino, California. Apple Inc was founde on April 1, 1976, and incorporated as Apple Computer Inc. On January 3, 1977. The word “computer” was removed from its name on January 9, 2007. Apple Inc designs, develops, and sells consumer electronics, computer software and personal computers. Its best-known hardware products are the Mac line of computers, the iPod music player, the iPhone smartphone, and the iPad tablet computer. Its software includes the OS X and iOS operating systems, the iTunes media browser, the Safari web browser, and the iLife and iWork creativity and production suites.
Apple is a company that designs and manufactures computer hardware, software, and other consumer electronics. Steve Jobs, Steve Wozniak, and Ronald Wayne established Apple and incorporated it in 1977, in California. Apple has grown into a multibillion-dollar business and has become a Fortune 500 companies. I chose Apple because I own many other Apple products. Apple started with just the Macintosh computer. Now, they have created other popular items like the Ipad, Iphone, Ipod, Iwatch, and Macbook computers. “The Company’s business strategy leverages its unique ability to design and develop its own operating systems, hardware, application software and services to provide
Apple Incorporated is a company, located in Cupertino, California, that produces computers, electronics, and software. Their products include the iPhone, iPad, IPod, and the Mac computer. In addition, they have the iTunes and App stores, and their new service, iCloud. This company, founded by Steve Jobs, Ronald Wayne, and Steve Wozniak, was intended to produce personal computers. The company grew tremendously and expanded from just computers. They are one of the largest information technology and mobile phone maker companies. In addition, they are an extremely valuable brand.
Apple is a company that has the most innovative technology and is one of the most respected global companies today that has diversity as a priority. In an Era when most technology outfits have tightened their belts to adapt to a slower- growing market, only one company stands out for forging ahead with innovation and that is Apple. In Business environments of today the four functions of management must work in harmony for business to have a better chance of succeeding. A vital part in allowing the four functions of management to work is through delegation. Globalization and technology is at the forefront of Apple’s organization. We will look at how Apple uses the four functions of management to work with
Apple Inc. is an American multinational technology business headquartered in Cupertino, California, established by Steve Jobs, Steve Wozniak, and Ronald Wayne on April 1, 1976, to sketch, fabricate, and sell consumer electronics, computer software, and online services. Apple is the world 's second-largest information technology company after Samsung electronics, the world 's largest technology company by total assets. On November 25, 2014, Apple became the first U.S. Company to be treasured at over 700 billion dollars, besides being the largest publicly traded corporation in the world by market capitalization. Apple is a very successful producer of computer software and hardware, however it has demonstrated internal and external areas that need enhancement along with other areas that prove to be profitable.
The negotiations take place at a critical time: the music market has seen a massive shift towards streaming and away from downloads. U.S. revenue from downloads -- which iTunes dominates -- dropped 1 percent to $2.8 billion in 2013, while streaming music revenue from the likes of Pandora and Spotify soared 39 percent to $1.4 billion, according to the Recording Industry Association of America (CBS News/AP, 2014).
1.1 APPLE INC ................................ ................................ ................................ ................................ 2 1.2 Organisation Structure of Apple ................................ ................................ ............................... 3 2. Management Information System................................ ................................ .............................. 4 2.1 Introduction................................ ................................ ................................ ............................. 4 2.2 Importance of
world. They design, develop and sell consumer electronics, computer software, online services and personal computers. They have a list of the most charming and captivating products like the iPad, iPhone, Ipod, Mac books, and etc. Despite of the line of the hardware products they also have software products and different networking products. Apple was founded by Steve Jobs, Steve Wozniak and Ronald Wayne on April 1, 1976 to flourish and sell a personal computer. Apple is one of the largest information technology company, they still remain innovative and valuable.
Apple has done a good job at navigating what is called the “Macroeconomic Risk” which was addressed in the previous paragraph but there is yet one more major risk that are, at the least, very difficult to predict and control. This is what is known as the “Operational Risk” and every company is at risk of the variables that it brings. Unfortunately, some of the countries that Apple manufactures its products in could be having issues internally or externally with other countries and as a result a war could manifest and that could be damaging to many aspects of the company, especially to production. Another issue could be unhappiness of the employees; if they feel as a group that they aren't being treated fairly they could start a strike. This can put Apple in a bad position because it can slow or stop production of products and cause the company to not be able to fulfill prearranged obligations to their consumers. The third variable can be unpredictable and cannot
The iconic American technological company Apple is worth a staggering $498 billion (CNN Money, 2016) and has the biggest customer loyalty base. This once garage operating company start-up is now one of the largest multi national companies taking not only the millennial by storm but also our baby boomers. People of all ages are enjoying the innovation and originality of Apple products. Apple has a growth rate of 44% annually (CSI Markets, 2015) and makes up 35% of the global technological market (Edwards 2014). Although Apple may operate out of California they have a vast presence overseas, especially in Eastern Countries. China is where Apple manufactures all of their crazed products annually. 71% of smart phones are manufactured in China (Ibisworld 2016). If Apple were to move manufacturing of their products to the US it would cost the company $4.2 Billon US (Forbes, 2013). Many multinational companies call China home to manufacturing due to the low cost of in capital, undervalued currency, energy and tax incentives.