SEATTLE PACIFIC UNIVERSITY APPLE INC. INDUSTRY ANALYSIS QING JIA (900278801) BUS 6110: MACROECONOMICS FOR MANAGERS PROF. JENNIFER MEREDITH NOVEMBER 6, 2016 Apple Inc. Industry Analysis Part B a. Source: Apple This graph shows the total number of Apple employees at the end of each fiscal year from 2005 to 2016. As of 2016, the total number of full-time employees had reached more than 110 thousand. Apple is the most valuable brand in the world in 2016 (Forbes, 2016), but it is not the world’s largest companies in terms of staff. A lot of companies in technology industry, such as Amazon and Samsung, have a larger number of employees than Apple. The median annual salary for computer science and information technology was $81,430 in May 2015 (Bureau of Labor Statistics,2015). The average salary for a manager in Apple is $80,168. If we take the bonuses and compensation into consideration, a manager can reach to an average of $92,887 (Glassdoor). Unemployment rate in the U.S. information sector Industry Number of unemployed persons in information (in thousands) Unemployment rates in information Average unemployment rate in the U.S. Sept. 2015 Sept. 2016 Sept. 2015 Sept. 2016 Sept. 2015 Sept. 2016 Information 126 139 4.7 5.2 5.1 5.0 Source: Bureau of Labor Statistics This table shows the number of unemployed persons and unemployment rate in the information sector on September 2015 and September 2016. According to the “Labor Force
Apple Inc. commonly known as Apple has effectively managed to be a successful company in a very competitive consumer electronics industry by been innovative and differentiating the company’s products with similar products in the markets by offering high quality products and good customer service while the actual manufacturing of the products is outsourced to trusted third party suppliers. On a wider perspective, the company has set high standards that even the company itself has to be on its level best to maintain the standards that it has set. Over the last few years, the consumer electronics market has
Issue 01: Steve Jobs is now gone - can they do it without him in the long term?
Apple Inc. is a globally recognised pioneer in the tech industry. It is a corporation that designs, develops and sells electronic products such as tablets, computers and phones. Founded by Ronald Wayne, Steve Jobs and Steve Wozniak in 1976, it is a multinational corporation with headquarters in Cupertino, California. Tim Cook has been CEO since Jobs’ passing in 2011.
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,
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.
Apple is a large multinational company and is the second largest information technology company. Apple has a revenue of $199.9 billion and a profit of $44.46 billion. Apple’s market capital, meaning the aggregate value of the company based on its current share price and the number of outstanding stocks is $741.8 billion. Apple is a public company meaning you can buy shares into the company, which are traded freely on a stock exchange and is now the largest publically listed company. It was founded by Steve Jobs, Steve Wozniak and Ronald Wayne on April 1,1976. Apple employs 92,600 people and has 437 stores located in fifteen different countries. An online store is also available in 39 countries to serve on
Revenues are recognized in a net basis and only commissions they retain from each sale are reflected under the company’s financial statements.
▪ Founded 1976 as Apple Computer ▪ 2009 Revenue: $42.91 billion ▪ 2009 Net Income: $8.24 billion ▪ Employees: 34,300
Apple has about 35,000 employees worldwide and had worldwide annual sales of US$32.48 billion in its fiscal year ending September 29, 2008. For reasons as various as its philosophy of comprehensive aesthetic design to its distinctive advertising campaigns, Apple has established a unique reputation in the consumer electronics industry. This includes a customer base that is devoted to the company and its brand, particularly in the United States. In 2008, Fortune magazi1 ne named Apple the most admired company in the United States. When Apple introduced the Macintosh Portable in 1989,
Apple, Incorporated, 1 Infinite Loop is located in Cupertino, CA 95014. Their website is www.apple.com.Their Industry category is Computer Hardware/Personal Computers located in the Technology Sector. The Fiscal Year-end of 09/2011 recorded revenue of $65.23B with net income of $14.01B. Their 2010 Sales Growth was 52.0% and now has a total of 49,400 employees. Apple inc. is a corporation that was created in 1977 in California. The company product lineup consists of a large range of personal mobile communication devices, media devices, computing devices, and a variety of services and software. It also consists of
Apple Inc. has launched its iPhone in January 2007 (telegraph) as a new product in the market with latest technology and it was the first multi touch smartphone adding the feature of iPod and received an overwhelmed response by selling 270000 units. It had created a new record for a new company like apple, iPhone had laid a stepping stone for the success of Apple and till this time iPhone is the best seller product of Apple Inc. during first quarter of 2016 apple has sold over 74 million iPhones worldwide. (statista, 2016).
A competitive strength assessment reveals that Apple’s success is unmatched. They have been able to maintain the leading industry position while developing and introducing new products. Stock price is continuously rising and products are always improving. The current products are improved with software updates and new products are improved by
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.
Apple is an American based multinational technology corporation headquartered In Cupertino, California. The company is best known for manufacturing, designing personal computers, consumer software products, and electronics. The company currently employs approximately 110,000 employees worldwide (Fiegerman,2016). The company was established by Steve Jobs, Steve Wozniak and Ronald Wayne in 1976. In 2007, the name changed from Apple Computer Company to Apple Inc. co-founder, Steve Jobs as the CEO. Under the leadership of Steve Jobs, Apple became one of the most powerful companies in the world of technology and innovation. Tim Cook is the current CEO and his leadership style is different. Jobs was a visionary leader. Cook focuses
It is beyond all doubt that Apple Inc is one of the most successful and well-known companied all over the world nowadays. What’s more, the company is considered to be the leader of the industry The Apple products are of high quality and in high demand on all the markets. Apple services and stores are the gold standards for all the followers and niche players of the industry. Moreover, the majority of Apple customers are extremely loyal to the brands. Once they started using its high-technical products they keep doing it. At the same time the market share of the company is increasing constantly. Probably all the competitors are questioning what is the key to Apple Company’s success. It is important to note that the whole strategy determines the success of the business and the strategic analysis of the company can help to identify the main criteria. Thus, the object of the research paper is to develop a strategic analysis of Apple Inc, including its internal and external environment.