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Apple Recommendation Report

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MARKETING AND SALES STRATEGIES OF APPLE INC.

INTRODUCTION

Over Apple 's thirty-five year history, Apple has become the worldwide model for what a successful company should look like. Apple 's annual revenue climbed to $108.25 billion dollars and their shares rose 75% during the fiscal year of 2011. After winning the _Fortune_ "Most Admired Company" award for the fifth year in a row and having their value top the $600 billion dollar mark, Apple is asserting its position as the most valuable US company in the world ("World 's Most Admired Companies 1). For Apple to maintain their patterns of growth and dominance in the consumer electronics industry, they will need to place more of an emphasis in growing the Apple brand in international …show more content…

At the time, the Apple I was the first computer with a single circuit board used in a computer. While Wozniak was the genius behind the engineering of the product, he did not see a potential business for the Apple I and was merely proud of the technological breakthrough. Steve Jobs insisted that Wozniak allow him to try and market the innovative product. Due to the young ages of Jobs and Wozniak, they turned to one of their co-workers Ron Wayne (who had started up two companies before working with the two) for help in becoming a new company. On April 1, 1976, Steve Jobs, Steve Wozniak, and Ron Wayne officially launched Apple Computers Inc. out of Cupertino, California. After helping with the documents to start the company, Wayne signed a withdrawal of ownership in the company, so the majority owners were now Jobs and Wozniak. The two had a partnership that perfectly complimented one another. Jobs was the consummate salesperson and visionary, while Wozniak was the technological genius. Jobs began going to each local computer store to try and sell the Apple I and eventually Paul Terrell 's Byte Shop to bought 50 computers. This was the first time that Jobs saw the potential this new technology had in the market.

After peddling to local stores, Jobs realized that they needed to find more capital, due to how many orders were being placed. Wozniak continued to work to develop new products, while Jobs searched for possible investors. Jobs ended up meeting a man

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