launched iPad as a gadget with the same functionality as a PC, but even more convenient in use. By comparison with a PC, the low prices for iPad turn out to be its crucial benefit. Apple Inc. has the intention to broaden the chain of the premium class iPads with the extended range of functions and more powerful software and hardware constituents. This will allow substituting PCs in many sectors of the industrial and business field. At the same time, the inner element of the middle-priced iPads will be constantly improved.
Suppliers are one of the most important elements for any business. The power of the suppliers depends on the volume of suppliers existing in the market and the uniqueness of their products or services. Apple outsources micro-chip from Intel for high processing technology. The power of customer depends on the purchasing volume, availability of substitutes, price sensitivity and buyers’ incentives. The consumers of Apple have a flexible variety of product line from its competitors.
Apple introduced the retina display and continues to have a better display that most PCs. The inside of a Mac definitely matches the outer slick and modern elegance look. Moreover, I do understand why most PC users aren’t sold with the idea of switching to an Apple product. One main reason why users are scared of items produced by Mac is the price – and I’d have to agree, the price is a scary aspect to face. The starting price for a MacBook is around $1000 – that’s a lot of money to fork out on a computer, but it’s worth 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
Q1a. MARKET STRUCTURE OF APPLE INC Apple Inc. operates different types of market structure in terms of their different products. In the smart phone business, they happen to be one of the major players with their different models of the “iphone” which makes them operate in an oligopolistic market. Oligopoly arises when there is an imperfect competition in which there are just few firms producing similar products. As a result of high competition, monopolies, interdependence among firms there are just a few big players having the market power and making it very difficult for new firms to penetrate the market with their products.
Another focus of their operation was to make these computers and other pieces of technology relatively cost efficient. Steve Jobs should be considered a hero just for the sole fact that he made computers readily available for the general public at a reasonable price due to the sheer impressiveness of this achievement. After creating these smaller computers such as the Macintosh for mass consumption Jobs went on to create bigger and better technology such as the iMac, iPhone, iPod, and many other still used devices in today 's world. The iPhone should be considered Jobs’ magnum opus due to its lasting legacy. This invention is one of the most widely used technologies in the 21st century and it’s all because of Steve Jobs.
Marketing plan Is important to the company because it is mainly focused on success, and that lack of a marketing plan will lose the company a lot of money Samsung is characterized by a variety of production areas where it applied its Samsung has pursued multiple ways of selling and marketing its electronic products because it aspires to excellence and development in technology and continues to sell according to customer taste. First, (Understanding the Market) Samsung went to the electronic field when it noticed that the market needed electronic devices. Secondly, I looked at (selling) Samsung realized what the market needs and the quality of its service to consumers. Now it has 25 production centers and 59 sales branches. Thirdly, (understanding the customer's need) which clarifies the meaning of "digital convergence", which is linked to important devices in human life, such as home appliances, smart phones and office equipment.
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 its
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).
It´s important to remember that disruption is positive for the mass-market and are innovations that make products and services more accessible and affordable, thereby making them available to a much larger population. When we look at the full extent of Xiaomi´s business model, we can clearly see how different and how disruptive it is. How does Xiaomi keep their prices at least 60% lower than their competitors? While Apple need to come up with a new model to maintain their high profits, Xiaomi have found a clever way to reach these profits without overserve the market with smartphones. For Xiaomi to sell high-end smartphones at such cost, Xiaomi keeps their models