Apple, Inc. (Apple) delved into relatively new territory in 2013 by releasing two new versions of their smartphone, the iPhone. This was the first time they released two versions of their smartphone in the same calendar year. This dual or multi-release strategy is not completely new for Apple, as they have previously released multiple versions of a product type from the same family as early as 1979. That year, Apple, then known as the Apple Computer Company, released three versions of their Apple II computer: the Apple II Plus, Apple II EuroPlus, and the Apple J-Plus. As recently as 2012 Apple released two models from their iPad family, the iPad Mini and the iPad (4th gen). It should come as no surprise that during September 2013 …show more content…
In order to understand the assessment of the situation from an economic standpoint, one has to understand the applicability of the terminology. Businessdictionary.com defines cannibalism in the marketing realm as a, “situation where the sales of a new or differently branded product eat into the sales of other products within the same line.” Investopedia.com defines market cannibalization as, “The negative impact of a company's new product on the sales performance of its existing related products.” Considering the Apple release involved three new versions of their iPhone and discontinued previous versions, this multi-release does not fit either version of the definition of market cannibalization above. But the general concept is the same, where one product takes away market share from another similar product, especially when the same company produces both products. This can also occur when the sales of one product decreases the sales of another product. (Froeb et al, page 140) But did the iPhone 5c cannibalize the 5s? When Apple released three versions of the Apple II in 1979 one could argue that this could lead to cannibalization. But this multi-release strategy of the various versions of the Apple II family enabled Apple to become the leading PC vendor during the second generation of the personal computer (PC). (Juliussen, page 21) Considering
In The Wall Street Journal, tech reporter Daisuke Wakabayashi (2014) describes how Apple is expanding its reach into the business market. “The iPhone has replaced the BlackBerry as the mobile phone of choice, as the iPad assumes tasks once reserved for PCs,” (Wakabayashi, 2014). Wakabayashi (2014) noted that “Apple is going mainstream” when it comes to the corporate world, and he profiles multiple large enterprises — including SAP, Nordstrom, and Cisco — that have rolled out iOS and other Apple devices to their
When CEO Steve Jobs announced in January 2007 that Apple would be releasing a revolutionaryiPhone five months hence, consumers waited with bated breath for a phone that would deliver all the features of their iPods as well as a smart phone. Anticipation grew, just as Jobs knew it would, as Juneapproached. The launch would become one of the most heralded technological product splashes Apple,known for its masterful media build-up, had ever planned. How the iPhone was developed, priced, promoted, and distributed is lesson for marketers around
Apple Inc strategy was to market each product in phases, making each product the status quo at its release. The release of the iPhone 4, customers would wait in lines the day before to be one of the first to have the iPhone 4. Theses same customers would also be on their previous released iPhone3/3g. Apples innovative strategy markets a product to its success, then adds a few features and releases it again as new.
Apple is now a 35 year old company, and since its founding is has strategically chosen to limit consumer choice. This would of thought to be debated, because many Apple buyers don’t view Apple as being limited in possibility or product options. However, as soon as consumers start buying stuff from Apple, they find it difficult to move to products made by someone else, as they have evolved their use of technology around apple software and products.
I think that Apple should be required to hack into the terrorist’s Iphone because it could provide helpful information about them and others. We can learn about how to prevent other attacks. We learn more about the attacker as well. Most adults want more supervision on potential terrorists according to this quote “A recent survey found that 82 percent of U.S. adults think government surveillance of suspected terrorists is acceptable.”. This proves that Apple should hack the phone and see if there is any useful information in the phone. Apple doesn’t have to make a software for every phone, they can just hack into that one phone.
Apples products continue to rill in consumers by wowing them with extraordinary devices, so that when a new version is released they flood consumers’ minds with the illusion that if they don’t have the device they aren’t up to date. What people like Kourtney Parker don’t realize is that the new iPhone 5 release is just another marketing technique proven to be a worthwhile money maker. Apple is a billion dollar industry that will most likely be around forever if consumers continue to be obsessed with their unique minor upgrades they sell every
with the release of this product and Apple Inc.’s marketing strategy to sell and promote
Apple is a computer company to stick with just because of the constant innovations they are making to their computers. As mentioned before, selected Apple computers will now run off an Intel chip. Usually associated with the technology of a Windows platform, the Intel chip will bring Apple’s already fast speeds to new heights. This year also marked the introduction of interesting new products from Apple. These included a new web-publishing program called iWeb. Also, Apple released new versions of iPhoto and GarageBand.
In the last five years, Mac sales have grown an average of 15 percent annually, compared to an average of three percent a year for the PC market as a whole. The iTunes App Store, which turned five this year, has crossed the 50 billion app download mark and the brand’s trendsetting retail stores are performing 17 times better than any other physical retail store—a fact that seems to justify the trademark Apple received for its distinctive design and layout. According to the latest news, Apple will launch a number of new products, such as Apple TV, iPhone6 and iOS's 8 in June this year.
Once again Apple has been the first to the market when it comes to new features such as the touch screen, which has helped to keep its competition at arms length. Like all other Apple products, the smartphone is seen by many consumers in the industry as fashionable and a must have. Also Apple’s online music store support has also been a huge lift to its smartphones, as consumers can download music and thousands of applications.
Over the next few years it seems likely that Apple will re-focus on the Corporate marketplace: The company provides regular updates on the proportion of Fortune 500 companies which are either trialling or deploying iPhone (now well over 90%), and the iPad.
In our everyday lives, communication is very important in human interaction and is a quintessential element in building relationships. Same rules apply in the corporate world. An organisation must be able to communicate effectively to its concerned parties; this is known as corporate communication.
The success of those two products lead of course to the downfall of the 3GS model, which was not very popular in China for many reasons, including the lack of usability for Chinese people (issues with the texting) and the bad network service regarding the internet access.
Apple is based in Cupertino, California. It is an innovative organisation which manufactures, designs and markets all different goods and services. For instance, personal computers, Mobile communications, media devices, personal computers and portable digital music players. They also sell related software, services, etc., Furthermore, networking solutions and third-party digital content and applications. This world known company was created by Steve Jobs, Steve Wozniak and Ronald Wayne, which was established in April 1, 1976 and incorporated on January 3, 1977. They decided to call it “Apple Computer, Inc.”. They dropped the “computer” on January 9, 2007 to expose that its expansion in expanding to consumer electronics market as well as traditional focus on personal consumers. The success of Apple was exposed when it passed Coca-Cola to become world’s most valuable brand in Omnicoms Group’s “Best Global Brands” report.
Apple still prevails to be really creative in terms of diversifying by adding new products into the market. Expect them to release again a new one soon, which will be a hit because they've already established their name.