Apple is referred to as the brand of innovation. It is known as a leading innovator which uses its brand name, friendly interface and it design to reinvent and grow product into new or existing market. They created the first smartphone back in 2007 and it was seen as the best information system created since the mobile phone. There are many lessons that we learned from apple business model. The first one is that Apple is no longer a product business but it is more about a platform business even though many people see apple dependent on their bestseller the Iphone. The continuous development of the platform potential is where the leadership of apple lies. For instance, the Iphone design didn’t change much since its launch but the hardware component are changing constantly as we can see in the Iphone 5S where the major change is the A7 new chips and the capacity of displaying at 64 bits instead of the 32 bits used by all its competitors. This strategy is very good for any company competing in the technological industry as it helps focus more on their business transformation and hardware innovation. For instance, Apple is building around its ecosystems and platforms all its revenue streams, the different products in the chain and the different services they offer.
The second important innovation of Apple is their focus on product design. As we know design is a necessity in a fierce market. However, it is not always seen as a success ingredient but more as a commodity. For
Overall in the past few years Apple has become more and more successful through preparing for the growth of E-Business for today’s society. The company has taken in and analysed competitors behaviour in order to remain market leaders and stay at the forefront of high end products such as IPhone and there IMacs range. Apple have tried to create a unique feel for their products when compared with Microsoft they have been trying to play catch up with Apple in all the same categories they both operate in. Apple use very different marketing techniques compared to Microsoft which has made Apple the number one brand in the world.
One key element of Apple’s strategy in computers, personal media players, tablet computers, and smart phones is product innovation, diversification and development. Over the years Apple has been very successful in integrating software and hardware in new developing products. Despite the struggling economy in recent years, Apple has been able to grow their market share and stay ahead of the game.
By the late 1990’s Apple’s initial pathway to growth was running out of steam. The company’s proprietary approach to designing
When looking closely at innovation within the world we live in, it is difficult to choose one individual innovative design.
Many companies are actively advancing technology as we know it. One of the main contributors to the technological era is Apple. Apple has made positive influences in the technology industry. From introducing the PowerBook, iPod, iPhone, and iPad, Apple has changed the technology industry. Not only has it changed the industry, but Apple has also influenced other companies too.
Technology change has naturally been a major factor in Apple's success. The company played a major role in the shift to a mobile computing society, by developing the personal technology devices that would
Apple Company was created by Steve Jobs and Steve Wozniak in 1976. Now Apple Company became very famous company in the world. It was made a lot of machine and computers. In recent years it’s created something that was very helpful to the human. For example such as Ipad2, Ipad3, Ipad4 that is a small hand computer. Human can use it store a lot of things and they can use it to watch moves talk to each other, use it for GPS and so on. He also made Iphone3 to Iphone5. These phone are famous and useful and it was perfect phone. Iphone5 series has many kinds of function. It can help human to do anything they want. It is easy to use and convenience to everybody in
Apple has prospered internally and it is necessary to consider both strengths and weaknesses. Apple has lots of strengths, the major of them being it’s impressive brand reputation, Apple managed to position the brand as “premium products” for “elite” people. Customers are loyal and tend to stay in Apple’s ecosystem. Apple’s self-reinforcing ecosystem, it has a diverse ecosystem which integrates various hardware and software products into one large interactive space. Status of top innovator, Apple is perceived as the leading innovator and its products are highly anticipated. Apple’s very strong financial performance, high profit margins and very high liquidity. It’s network of retail stores, high-quality customer service helps to create advanced user experience. A powerful marketing strategy, Apple’s team masterly uses various marketing techniques to create a hype for their products and to strengthen the brand.
The company not only designs but they manufacture, market mobile communication and media devices, personal computers, portable digital music players. Apple technology has impacted so many businesses and individuals as a whole. Apple’s technology has always been a step ahead of their competitors. I have an iPhone and it seems like every year a new iPhone is produced with more features and capabilities.
Apple Inc, wasn 't always the massive tech giant it is today, but it has innovated the way computers should be today. Apple is known as the company that innovates and releases new ideas. Over time Apple has developed into a technology super company, had many ups and downs, and released many different operating systems.
Apple has been the leading force in innovation for the past couple of years, not only does it dominate the mobile-phone industry, it has also transformed the computer industry too. With millions of people using their products today, Apple is one of the most successful companies in the world. However, Apple did not “come all this way” from nothing. It suffered ups and downs just like any other company, with this being said, the way Apple dealt with its problems was the difference between it and any other company.
When people hear the word Apple they think of the eminent brand. Why? Because Apple products changed the market for technology products, establishing a name for themselves almost entirely by using excellent marketing strategies. As a marketing major myself, I wish to acquire the entrepreneurial and communication skills Steve Jobs had. Gaining the business-related knowledge Jobs gained through years of experience, would advance my marketing skills when I start a business. This will not be a wieldy journey to go through, but it will be rewarding. Eight years ago, I realized that no vision is impossible with dedication, patience, and perseverance. In 2007, I flew from my birthplace, Venezuela, to the United States. Growing up in Venezuela was a memorable stage of my life since I lived in a neighborhood within an unsafe area, yet I still have copious positive memories. For ten years, I lived with my mom and sister while my father was in the United States due to immigration problems. Neither of my parents went to college, thus my family and I depended on my mother’s ample income. In addition, Venezuela’s government was highly dysfunctional; despite this, I knew the circumstances of my family could have been worse and until now I continue to be grateful to come from such humble roots. Coming to the United States has given me the chance to immerse myself on prodigious phenomenal opportunities. As a first generation college student and an indomitable individual who truly values an
According to the Fortune 500 they are number one in innovation. They specialize in finding out what people want in a computer and then give it to them. Apple Inc. is the name and would be a great long term investment in the stock market because the company is really innovative with products like the iPod, iMac, MACBOOK, iTunes, iPhone and their newest product the iPad. Apple is number six in company financial soundness and will be around for years to come. (money.cnn.com)
Even though Apple has encountered many setbacks, it continues to bring new and improve products to the market. Apple’s competitive strategy has been innovation. They have made an extraordinary effort developing, implementing, and executing its very unique strategy through innovation which has resulted in new product, and the enrichment of the existing ones. More specifically, Apple attempts to meet and supply the needs of a global market, by offering eager and enthusiastic consumers with innovated and high-quality products and services. Apple has employed a differentiation strategy linked to innovation with its three core products (computers, personal media player, mobile phones, tablets and other accessories). A key piece of their strategy involves meeting the needs of the converging digital electronics and computer markets. Apple has elected to implement its strategy by designing and developing proprietary operating systems and software technologies, thus allowing for strict protection of its intellectual rights.
Nowadays, Apple has positioned itself to be an innovator in the personal computer industry and Apple has developed by offering modern products compared to its competitors. According to Apple’s mission statement last year, “Apple designs Macs, the best personal computers in the world, along with OS X, iLife, iWork and professional software. Apple leads the digital music revolution with its iPods and iTunes online store. Apple has reinvented the mobile phone with its revolutionary iPhone and App store, and is defining the future of mobile media and computing devices with iPad.” (Business Management,