Apple is an American brand that is based in Cupertino, California founded by Steve Jobs, Steve Wozniak and Ronald Wayne. This multinational technology organization creates, develops, designs, and sells to consumers many technologies such as phones, computers, earphones, also provides online services such as Apple Music, iOS Apple Store, iCloud and many other technologies. The scope of Apple is international, the brand is operating in 22 different countries around the world as of 2017 and operates in about 498 different stores. The company’s industry can be verbalized to work on a oligopolistic market structure. This attestation depends on the way that the business market represents distinctive traits as those of an oligopolistic. Moreover, the market structure of the organization is an oligopolistic because this industry is portrayed by a few firms, for example Samsung or Nokia. Apple’s biggest competitor is Samsung. Samsung is an organization similar to Apple that sells, creates and develops technologies such as Phones, iPads, Computers, TVs and many others. It has been many years that Apple and Samsung are major competitors. Apple has been claiming that Samsung copied their idea of the iPads and tablets; however Samsung is claiming that the idea of the iPhone from Apple was stolen from Samsung. Both of these companies are fighting against each other to determine which brand is better. Apple used to be the best seller but unfortunately, during this time, Samsung is
The first chosen set of related accounts was revenue, cost of goods sold, operating income, selling, general, and administrative expenses, and net income (loss). These accounts align with the various components of the income statement therefore, offering a comprehensive overview of the financial performance of Macy’s and its competitors for each fiscal year. Furthermore, through these accounts, we can analyze trends during specific periods and understand the profitability of the various companies. Note: All figures within this report follow the legend above. Figure 1: Revenue -.
We chose to research Apple Incorporated, one of the most innovative companies of our generation. It is safe to say that nearly every one in the US and many foreign countries have used or at least heard of Apple products. We will be looking at the macroeconomic variables that impact Apple’s business as well as how the current developments in the industry have impacted Apple’s financials and we will also look at how Apple competes with other firms in the same industry.
Apple (NASDAQ:AAPL) is one of the world leaders in the research, development, marketing, sales and service of personal digital music & video devices, in addition to personal computers globally. Its' innovative music and digital content delivery service, iTunes, has sold over 1 billion songs to date. As of the close of their latest fiscal year the company generated $156B in Sales and generated a Gross Profit of $68B earning a Net Income of $41B (Apple Investor Relations, 2013). The intent of this analysis is to evaluate Apple's strengths, weaknesses, opportunities and threats (SWOT) and provide an analysis of each. The cause, impact and recommendations for each specific strength, weakness, opportunity and threat are provided along with an action plan of how to maximize strengths and opportunities and mitigate the effects of weaknesses and threats. The Apple brand is among the most valuable in the world and its ability to innovate with successive product generations unmatched, yet this has led to a high dependence on its iPhone and iPad platforms, to the exclusion of entirely new businesses. The Apple iTunes platform and ecosystem delivers 30% of all profits and a significant portion of overall revenue, making this single business a stabilizing force in their strategic product and services roadmap (Apple Investor Relations, 2013). Despite these challenges however Apple continues to attain
It is clear that a strong brand image is very important for Apple Inc. because a strong brand image is one that consumers trust and feel is a sound investment representing value for their money. The company's financial performance is robust and this certainly is a positive attribute and predictor for survival of the company in the present economic crisis because Apple Inc. is well established and financially sound. Apple Inc. focuses on research and development which means that the company will stay abreast
In 2014 both Apple and Samsung sold a combined total of about 108.2 million units of their products! Samsung sold about 71 million units while on the other hand Apple sold 94.75 million units. For the past few years, the competing and comparison between Apple and Samsung was at its maximum. Fights started between people to prove an idea about which company is the best but they did not know that they were only comparing their smartphone. That is not the only thing a person should concentrate at while comparing two of the biggest multinationals in the world. People should look at the sales of all of the company’s products, their profits and losses, the history of the company, and the reviews of the people about their
The purpose of this essay is to synthesize three separate articles, which all primarily cover the same thing, which is the topic of superheroes and the role they play in society. The name of the first article is, “Panthers and vixens: Black superheroines, sexuality, and stereotypes in contemporary comic books. The first article primarily discusses how Black superheroines are depicted in contemporary comic books. The article also talks about how women are completely over sexualized in many comic books. The article discusses the many racial and sexual stereotypes that are present in comic books, but also discuss the tales that go past derogatory stereotypes to provide a positive example of black women in popular culture.
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).
Apple's main competitors are Microsoft, Dell, Sony, Toshiba, Acer, HP, Nokia, etc. These all are highly specialized in their respective products. Today, the biggest challenge for
Apple Inc. has been dedicated to innovation ever since the company was first formed. Apple's recent breakthroughs were a result of a new technologies convergence upon the "digital hub" strategy (Mortensen, 2010). This strategy has served Apple well; especially during the last few years. The iPad, iPod, and iPhone were all born from this strategy. Furthermore, producing these innovative, user friendly, and design oriented products has earned them a considerable amount of customer loyalty.
The company was founded back in April of 1976, their founders were Steve Jobs, Steve Wozniak and Ronald Wayne. Today the company’s headquarters is located in California. As the company stands today it is one of the world’s largest technology company. With all the products and services that the company provides, Apple has a vast target market. This attracts a ton of attention to the company which in return has provided plenty of products to their consumers, for example, iPhones, MacBook’s, Watches, Apple Music, Beats, iMacs and many more. The company really took off after Apple choose to take part of the cell phone industry in 2007, from there on Apple has done a fantastic job with integrating all their products together. This allows the consumer to enjoy the company’s products on multiple different platforms. Currently Apples biggest products are the iPhone, MacBook’s, iPads, and iMacs. In over the past year the company’s stock prices has risen from $113 a share to currently sitting at $167.37 a share, and over the course of the past 5 years their stock price was at $72.82. Their most recent stock split was in June of 2014 Apple had a 7-1 split.
From its start-up until the present, Apple’s corporate structure hasn’t changed a lot. Before his death, Steve Jobs was the one to make the calls regarding all the decisions; everything had to be passed through him. The company’s decision making processes were and still are centralized, in which the CEO makes all the decisions but it is incorporating more of a collaborative approach. The company is doing so by encouraging its hardware and software teams to collaborate. This approach however, never existed when Jobs was the CEO. Apple is considered a centralized company because it makes high capital investments that encourage centralization. It is highly competitive, offers high technology products, has a homogeneous product line, low product diversification, and has a lot of experience doing international business. Furthermore, it is organized on different basis; functional, divisional and geographical. Its functional structure is that the innovations and visions essentially come from top management and flow down the organization. Top management includes the board of directors in which they oversee and ensure that shareholders’ interests are being served for a long-term. Also, its functional structure is departmentalized and includes marketing, engineering, manufacturing, financing, IT, research and development. Its divisional functions include the products the company is offering, the market it is operating in and geographical areas. Apple has four product categories; the
This paper is a business situation analysis of Apple, Inc. Apple a market leader in the consumer computer industry with products including desktop, laptop, and handheld computers, as well phones, media streaming, and now watches. A multinational company, Apple was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne on April 1, 1976. They specialize in designing, developing, and selling high-end computers, software, and other electronic devices. Because of Apple’s broad product portfolio they compete with many different companies in a range of markets. This analysis will be conducted using historical information, a SWOT analysis, and portions of Porter’s Five Forces Model to understand its business strategies, impact within markets, products and services offered, corporate leadership, and future.
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,
Apple is an American multinational corporation which designs, manufactures and markets a range of consumer electronics and software products (Apple Inc., 2008). At the end of last fiscal year, Apple’s worldwide annual sales amounted to $32.5 billion, an increase of 35% from 2007 (Apple Inc., 2008). Not surprisingly then, was Apple voted America’s most admired company, also topping the global survey (Fortune,
This rivalry all began when the former Apple supplier, Samsung, introduced a device shockingly similar to the iPhone. The Galaxy S was considered to be pure piracy by the executives at Apple. The overall design of the phone was almost identical and several patented Apple features such as the “pinch to zoom” feature were essentially stolen. In the months and years that followed, Apple and Samsung would clash on a scale that would cost the two companies more than a billion dollars and bring about millions of pages of legal