First and foremost, Apple has continually innovated and created new and technologically advanced products for the mass market. The company has strived to create products that give the customers the wow factor which has essentially created a large customer community. Secondly, Apple has over the time created a correlated system in which one product depends on the other thereby growing each segment as a common unit. For instance, by creating the iPhone, the company created the need for applications which can only be built the use of the Macintosh computers. With the success of the iPhones, there is a correlated growth in the app market and the Mac computers sales. Thirdly, Apple’s has created a company culture of hiring the best of the best in the technology world. This …show more content…
However, the company is not doomed per se, in fact, Steve Jobs left the culture of innovation well instilled in the management and the employees of the company. A culture which has been well maintained over the years. Steve Jobs besides being the founder and the Chief Executive Officer of Apple, he was the brain behind the great innovation ranging from the Macintosh operating system to the early entrance into the revolutionary smartphone and tablet market. He greatly contributed to the development of innovation and development culture within the company. Besides his contributions to Apple, Steve Jobs was also highly regarded in the technology world, his contributions greatly shaped the personal computer, mobile phones, and tablet industries significantly. Apple can thus respond to his loss by ensuring that his legacy is preserved through the continuation of innovativeness and development of revolutionary devices. Since the company has not deviated from Job’s style of operation, I would be willing to invest in Apple. Not only is the company the most valuable company globally, it is also by far the company with the most loyal
Lastly Steve Jobs is a persistent person, who always tries to achieve his goals and never gives up. One can observe this in his attempts to get venture capitalist funding as well as in his persistence with regards to his employee
This has given it apple a competitive edge in relation to its rival. They are able to keep their customers up to date with inform of the updates in the existing products and new product innovations. Apple uses a vertical integration strategy that enables it to develop its software and hard ware apps, and own operating system (IOS). This allows apple to have control over all the users that are hard to replicate by its rivals (Meyer, 2012). Brand appeal of apple by
Made music available to buy on any ones computer and made it easier to listen to music. At the near end of Steve jobs journey he found out he was diagnosed with pancreatic cancer in 2004. Then later on died on October 5, 2011. Steve jobs used perseverance, passion and brilliance to overcome his hard life obstacles. To begin with, Steve jobs used perseverance to create the most valuable corporation in the world.
Social Besides the many economic factors, there are also some social factors that will impact the future of the company. There are some of the social factors like changes in customers’ taste and preference, increase in number of population, population moving towards cities, increase in death/ birth rate. All of these factors will affect the company. The trend of the increasing popularity of mobile access is an opportunity (LOMBARDO, Panmore Institute, 2017) and therefore Apple has always kept up to date with the latest trend of design and technology.
Apple Company Apple Inc. is a private company, and it is one of the world 's most famous technology and computer companies, located in the United States of America. It is a multi-national company. Its main business depends on specialization in manufacturing, producing, developing, improving and selling software, smartphones, computers; It has a series of electronic devices, such as iPad, iPhone and Mac. The origin of Apple Company Founded by Steve Jobs and his co-pilot Steve Wozniak, Apple Computer was able to design a computer in the form of the beginning of Apple computers in the time period Between the years 1981 to 1985; since 2005 until now, Apple has seen many developments; successive successes.
At Apple, Steve Jobs was firmly believed that it is essential to encourage the employees and make them show the best. He always reminded employees that Apple is a good company, it was a honor to become one of the number of this company. It was to make them understand that everyone was noticed. This led employees to believe in their abilities, know their talents so that they could show the best in the
has millions of buyers and the company continues to woe more consumers to buy its products. The threat to buyers is not a big concern to Apple Inc. The competition on this area falls on the pricing system and differentiation of products to meet the unique needs of the consumers. The move to differentiate the products of the company aimed at addressing the diverse needs of the consumers (Bergvall-Kareborn and Howcroft 2013, p.280).
Apple has segmented products vertically, creating on product for one particular use. Apple also targets according to brand loyalty, considering that Apple has quite a cult-like following just due to it's image/brand name. • Benefit Segmentation: Apple brings an newness and innovation with each of it
3.0 Macro Environment that Effects Apple Social-cultural, technology, economic, political and legislation is the elements of macro environment that effects Apple which are described as below: 3.1 Social-cultural ITunes is Apple’s biggest virtual media store. In general, the image of the Apple also depicts the modern individual lifestyle, combining function and conception, resulting in brand recognition and commitment. In conditions of the demographic features, Apple is targeting the two major generations. One generation is mainly consists of working adults, where they might sustain a higher and stable income to purchase Apple’s expensive and complex equipment. Thusly, the sophisticated and high-tech Apple products would definitely
Then, this company started specializes in much more than just computers. Apple Company invented new products such as iPad in 2001. Therefore, this is a reason that Apple becoming the superiority market leader in music players. In 2007, Apple joined the phone industry with the iPhone. Apple is a huge consumer goods company that evaluating its value requires understanding
This multi-billion dollar company models, develops, and sells high-tech electronics, computer software, web-based services, and PCs. Founded in 1976, Apple’s products have since been desired by millions worldwide. From their mp3 players to their personal computers, and everything in between, Apple has proven itself number one in the technology market. According to NBCNews (2011), Apple is number one because they constantly improve products, have strong relationships with their distribution center, and have sleek product designs. Now, they are outdoing competitors like Samsung, Dell, and Microsoft (TodaysiPhone, 2012).
Apple Company. Is an American multinational firm that layout and manufactures shopper electronics and PC software products. Apple was founded on the first of April, 1976, at the hands of "Steve Jobs" and "Steve Wozniak" and "Ronald Wayne" for the sale of personal computers called "Apple. The company manages more than two hundred and fifty shop of retail stores in nine countries, and shop on the Internet sold by hardware and software products. The reason why I choose this organization is because it 's very successful and famous device everywhere in world.
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.
Apple, Inc., an American multinational technology company, which founded on April 1, 1976 in California, United States. The company has earned $53 million of income in 2015, which increase $14 million of income compared with 2014 (Apple Inc., 2015). The co-founder, chairman, and chief executive officer (CEO) of the company, Steve Jobs is passed away for the pancreatic cancer (Park, 2011). His leadership and entrepreneurship have successfully developed the company from a small personal computer company to a multinational corporation that selling various types of electronic products and software such as, iPad, iPhone, iOS, and others (Apple Inc., 2016). 1.0 Critical Success Factor
Case Study – Bill and Melinda Gates 1. What do you think Bill and Melinda Gate’s personality traits are for each of the Big Five dimensions? Compare the two. The purpose of big five is to categorize the personality traits into different dimensions which can help us to understand better how people behave to others and how react in their life.