Apple Inc.
1. Executive summary
This plan is to inform and influence new and existing customers about the new iPhone 6. Apple’s employees and management are the face of the company to the public, so training is essential to keep the plan moving ahead. The main objective is to assist the public to take action in buying, informing others, and overall to get to know the new iPhone 6. The strategy is to always be honest, upbeat and positive when informing the public about this new iPhone. These actions and feelings the company intend to see during and after the plan is excitement and eagerness to obtain the new iPhone 6 when it is released.
2. Communication Process
I. Management: The Apple’s CEO communication needs to stay constant through all levels of management while it is working its way down to the employees who work with the public. Management also needs to agree with the message in order to keep it continuous and understandable by all within the company.
II. Shareholders: As of April 2, 2013, Apple’s Stock is at $429.79 (Apple Inc. 2013). These investors always need to be kept in the loop of what is going on in the company and know how the company is being ran.
3. Background
I. Mission Statement: Apple designs Macs, OS Z, iLife, iWork and professional software. Apple leads the digital music revolution with its iPods and iTunes online store. Apple has as reinvented the mobile phone with its revolutionary iPhone and App Store, and is defining the future of mobile media
Apple is a global company represented in many parts of the world, but born in the United States by computer wizards by the names of Steve Jobs and Steve Wozniak who founded the company back in 1976 (Capon, 2008). The organization deals with the design and sale of computer hardware, software and offers tech support to its customers. Examples of the hardware the company manufactures and sells include mobile phones, personal computers, iPads, tablets and iTunes with associated brands, like the MacBook and iPhones that represent Apple’s driving force towards its success. It is recognized as a brand leader in consumer electronics by the world in terms of quality and customer satisfaction and despite the wide product range, Apple manages each product in a distinct way that is a single business unit (Mittan, 2010).
New top-end mobile phones such as the Apple Iphone are allowing a new class of mobile to emerge in the world today. Combined with its ease of use, rich design, and well-organized application system through Apple App Store makes the Iphone an appealing platform for development of other smartphones. The Apple IPhone was released on June 29, 2007 by CEO of Apple Steve Jobs (Honan). The IPhone offers many of the innovative features found on competing devices, but it also differs from other smartphones on the market.
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 offers common stock and the purchasing price of the stock was $112.34. Apple promotes its products through commercials that show the up to date and high-speed products. The initial interest in Apple was Black Friday was approaching and customers would be wanting to get deals. We brought numerous stocks because apple is a popular brand brought around Christmas time. We did not end up selling any shares because Apple was constantly increasing in value and in worth.
Apple 's current mission statement is "Apple designs Macs, the best personal computers in the world,
The multi billion-dollar corporation, Apple Inc., designs and manufactures some of today’s highest technological gizmos and gadgets. Among their best known products are the Apple and Macintosh computers, iPods, iTunes, iPhones and iPads. Apple is one of the most powerful and influential high tech companies in the world. The success of Apple Inc. stems from the innovation and visions of co-founder and entrepreneur, Steve Jobs, the excellence of the stylish, user-friendly products, and the ability to create innovative products that consumer’s desire.
Issue 02: Apple is a wildly successful company that generates billions of dollars in profits every year. This is one of the strongest examples of how a company with the right strategy, great products, a strong leader and the willingness to take some risks can become vastly successful. The market in which Apple is strong has intense rivalry for market share. Apple is challenged with staying ahead of its competitors and maintaining long-term relationships with its customers. In order to stay ahead of the competition Apple is forced to keep product innovation a top priority. I would maintain a Blue Ocean Strategy to market our product and maintain our competitive advantage (McGraw-Hill Irwin, Page 152). The company has a strong and loyal customer base which will allow Apple to concentrate the focus to highlighting the features of our products. I will not focus on what our competitors can and cannot do; I will focus the attention to the benefits of having Apple products. Strategic marketing campaigns highlighting the different uses and features of the popular iPhone and iPad will headline the campaign.
As of January 18, 2007, Apple 's Current Market Rate is about $76.54 billion (from Yahoo Finance). Apple, Inc. beta is 2.41 on Yahoo, while Reuters shows Apple, Inc. beta as 1.47, I am not sure which of the either is accurate or obsolete. Apple, Inc. has 859.27 million shares outstanding, of which insiders hold institutions hold 4.76% and 77.50%. At 4:01 PM EST, Apple 's stock traded at $89.07, down 6.19%.
The negative change in stock prices comes up as a result of decrease in organization’s earnings. Investors lose confidence in a product once its share prices begin to fall as a result of competitors (Michelle, 2015). However, in view of the Apple stock analysis, the income is expected to grow at any time and the future company’s stock might be higher. The closing price for Apple in the stock market was $123.38. The purchase price was $130.28 with its percentage change in stock price as -5.30%.
Apple Inc., together with subsidiaries, designs, manufactures, and markets mobile communication and media devices, personal computing products, and portable digital music players worldwide. The also sell a variety of related software, services, peripherals, and networking solutions.
Established in 1976, Apple ignited the personal computer revolution with the Apple II and the Macintosh. Today, Apple designs, manufactures and markets personal computers, portable digital music players and mobile communication devices as well as related software, services, peripherals and network solutions. Apple sells its products worldwide through its online stores, retail stores, direct sales forces and third party distributors to its core customers—consumers,
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,
Due to Apple’s huge sales, investor confidence in the company’s future and their successful product launches, AppleIncorporatedearned the title as the most valuable company by market capitalization, in 2011, and held the named title until 2013.Later in 2013, Forbes and Inter-brandcited the Apple brand as the most valuable brand in the world.
Steve Jobs, one of whom established Apple, led Apple to achieve widespread success with its products. He is the man whom led Apple to be the largest cell phone provider, the second largest company in the world, and the most innovative company. In addition, he is the reason why Apple has the unique corporate culture. Unfortunately, Steve Jobs has passed away because of cancer. Thus, Tim Cook, the chief operating officer has taken his position to manage the whole company. Although Apple Inc. still has the most of market share in the world; there are some potential problems in Apple Inc. The metaphors described in Gareth Morgan's book “Images of Organizations” can help us to maintain a professional stance about the situations. They also help us to find new ways to give recommendations. Specifically, the machine, living system, brain, culture,