Growth Path The apple company became one the largest company of Information technology in the world with few years after the joining of Tim Cook. After the Steve jobs resign as CEO, Tim Cooke got the responsibility of CEO of Apple Company. He leaded the company very well. Beyond the Job of CEO, he played different important role in the making of new version of iphone, iPad, Mac and iPod etc. Apple announced a dollar 2.65 cash profit per share, investing $100 million in a work to begin construction of some Macs in the United States.
- Design and technology The reason for Apple Inc. has great brand equity is its design as well as the technology it uses. Apple has been very elegant in product design. At the same time, with this exquisite design, it is a machine that offers the best performance. All of this is running on MacOS, another software that is known for its efficiency. - Distribution Apple Inc. has 470 stores in 17 countries around the world.
This report will seek to discover the main organizational changes that led to such huge upturn for the company and brought it to the position that it is at today. Apple was launched in 1976 by Steve Jobs and Steve Wozniak as a computer manufacturing company. Later, the company had to fire Steve Jobs in 1983 because the directors ousted Steve due to his dominating leadership style. In 1997, when the company was going through heavy losses, it hired back Steve Jobs in an attempt to undo all the losses. Whatever Apple is now can be credited to Steve Job and his leadership style.
It has being acknowledged as the most valuable brand. The advantage was many praised for his ability to spot opportunities for new products that other people missed; and his clear conceptualized capability. This make Apple become successful, dominate the whole market, and beat their competitors. He was also known to create space in Apple for new products to exist and motivate Apple employees to build them. The products and services are incomparable with others products because it has the best quality products and services in the mobile industry.
New products that gave Apple extremely a larger share in the market by Dominating how people will be listening to music, use computers, and call until today. Instead of a bankruptcy, Apple reversed its strategy forever to become one of the most valuable companies in the world with a huge market
Apple Logo Apple Inc. is probably the biggest name in the world of consumer electronics and computer industries. A true innovator, the company is best known for its Mac line of computers, the iPhone, the iPad and the iPod. A few of its famous software products include the iTunes, the Safari browser and the OS X and iOS operating systems. Apple was founded in 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne. It is now the biggest technology company in the world with total assets of US$ 176 billion, 394 retails stores and 72,800 employees across the globe as of 2012.
They design and develop their own operating systems, hardware, application software system and services and so integrates them in such the simplest way that provides easy-to-use superb products. additionally their customers has to rely on them too, if anything goes wrong, and hence there comes their service part of business model too. In short, Apple isn 't dependent on any of its partners for any technical breakthrough. They innovates on their own. Their product differentiation helps them in maintaining premium pricing.
Apple Inc. is an American multinational corporation which was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in April 1976 to develop and sell Wozniak's Apple I personal computer. It is a corporation that designs and manufactures consumer electronics and computer software products. The company's best-known hardware products include Macintosh computers, the iPod and the iPhone and Apple software includes the Mac OS X operating system, the iTunes media browser, the iLife suite of multimedia and creativity software, the iWork suite of productivity software, Final Cut Studio, a suite of professional audio and film-industry software products, and Logic Studio, a suite of audio tools. [ SANTIAGO A. MIRABAL (OCTOBER 6, 2009), Introduction,
1. Apple Inc. has been named the number one “world’s most admired company” by Fortune each year since 2008. And Steve Jobs, ex-CEO of Apple, who passed away tragically in 2011, is widely regarded as a legend. With regard to Tim Cook, who replaced Steve Jobs as Apple’s CEO, indicate whether you think he has been a successful or an unsuccessful strategic leader so far – provide a justification for your answer. [Your team’s answer to the question can earn a maximum of 2 points] Around 2013, Apple’s shares fell from $101 to $55, which Tim Cook was blamed for.
It is the market leader in the technology industry and their rivals are playing catch-up, Samsung are beginning to close the gap. However, even if this is correct Apple is set to become the world’s first trillion-dollar brand (Interband 2016). They are constantly challenging themselves to further improve. This obviously stems from the company’s founder Steve Jobs. The company uses innovative technology which has resulted in the continued creation of new products.