Samsung and Apple’s market share comparison Before Apple’s IPhone was launched, Samsung’s consumer electronic sales in telecommunication market was the second largest company to manufacture and sale smartphone. Samsung’s competitors including Sony Ericsson, Nokia, and Motorola were the formidable yet challenging rivals at the time of CDMA phones. But after the transition of 3G network based mobile phone, the so called Big 3 (Nokia, Motorola, and Sony Ericsson) struggles to recapture their fame in glory days in mobile phone industry. Previously, the mobile phone market leaders have achieved competitive advantages based on technology leadership, economies of scales, brand power, and superior negotiation power over suppliers and mobile service …show more content…
A need becomes a motive when it is aroused to a sufficient level of intensity. Perception, it is the process by which people select, organize, and interpret information to construct something meaningful to their lives. Learning describes changes in an individual’s behavior arising from experience. Finally, beliefs is a descriptive thought that a person has somewhere to lean on to. What justifies human behavior may be correspond to knowledge, opinion, or faith. However, curiosity is a reflection which a person’s relatively consistent evaluations, feelings, and tendencies toward an object or idea. Influence on human behavior also corresponds to consumer behavior; individuals are motivated by inspiration. Simon Sinek, representative spokesman of TED argues that what made IPhone so compelling compared to other products was the difference in approaching their consumers. Steve Jobs characteristic in leadership is no different compared to any other inspiring leaders; all the great and inspiring leaders and organizations in the world have in common in ways of think, act, and communicate. The golden circle of have, how, and why is the reason why some leaders are able to inspire where others are not. Golden circle is similar to a human brain, correlates from neocortex that defines our rational thinking to limbic brain that is responsible for emotions, feeling, and decision-making. People can perceive object by facts and figure, however when it comes to decision-making it is difficult to justify without motivation. Leaders embodied with golden circle idea understands consumer aspect in belief of people buy not from what you do but why you do it. Apple’s competitor are all equally qualified do business with consumers, in fact they believe that recipe for success is achieved through finance, right employee, and right market conditions. Without these three elements it is difficult; however, Apple’s goal is to do business
Motivation is defined as the process that guides, initiates, and maintains goal-oriented behaviours (Cherry, 2015). It comes when a person is willing to sacrifice his own time, money and energy to do well in a particular task. Motivation is an inherent action that provides us impulse to do something in order to achieve our goals. In the movie The Pursuit of Happiness, Chris Gardner who lost almost everything in financial crisis ended up living as homeless with his son. He was jobless and unable to support his son and wife therefore his wife left him.
It also identifies the internal and external areas of the business that need improvement and that can prove to be successful. Table 3.1 Strengths: • Apple has an awesome and unique interface where they are ‘head and shoulders’ above the others, giving the Apple Watch a high edge over the new product
How Sustainable is Apple’s Competitive position Introduction Apple started out simply as a computer company producing Macintosh computers and software, but has since evolved over the years to manufacture other products. It introduced iPods in 2001 for music players, in 2007, it started producing iPhones. Its products are consumer oriented and this has contributed to the success of the company. Apple also views innovation as basis of survival and business development (Yoffie, 2012).
Who is this man behind all the popular social technology inventions? Steve jobs is the creator of I phone and the brand of Apple. He has built the most valuable corporation in the world. His mission was to humanize personal computing. Steve made the music bloom a bit more with his software invention of iTunes.
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.
Apple’s core competencies are a low-cost operation, excellent consumer services, and totally dependable product supply (Ferrell & Hartline, 2014). Many of Apple’s products are manufactured in countries with low labor cost (Ferrell & Hartline, 2014). Although Apple is under much scrutiny for their unconventional and innovative ways (Ferrell & Hartline, 2014). Apple is taken steps in improving their labor standards (Ferrell & Hartline, 2014). Apple is innovators of excellent consumer service, Apple is aware of the consumer's current wants and needs as well as their future needs (Ferrell & Hartline, 2014).
Apple’s vision Apple 's vision is to create and deliver electronic music and personal computers to individuals, teachers, employees, students, and computers used in government agencies and companies. Apple 's strategy focused on enhancing its ability to design and contribute to its development, It’s easy to use and distinctive design and innovative. Importance of knowledge management in Apple Company Knowledge Management (KM) is a discipline that improves Apple 's ability to better solve problems, adapt, evolve to meet changing business requirements, and survive with disruptive changes.
Apple Inc. embraces diversification strategy as a means of promoting its viability in the market. Largely, the creation of the three products lines compounds the sources of the company’s income. In fact, the company does not rely on a single source of income because the product design belongs to different categories. This strategy cushions the business from suffering risks of associated with depending on a single business. According Hitt, Ireland, and Hoskisson (2014, p.135), the benefit of handling many products is that when one product fail or does poorly in the market, the business is would shift its attention of the best performing products.
Apple on the hand arguably is considered to be the mother of modern smartphones. On June 29, 2007, the cofounder of Apple Inc Steve Jobs announced the release of iPhone, a technology they had been working on for about five years. It was the first of its kind compared to the other players in the market like Blackberry, Motorola and Palm who were already making pocket personal computers. The new tech had a bigger screen, multi-touch interface and the mind-boggling on-screen keyboard was met with a lot of excitement. With these new ideas Apple dominated the phone market and during the Macworld Expo keynote speech, Jobs reported that the Apple iPhone had a 28% market share in Q4 2007 this represented significant growth in the second full quarter that iPhone has been on sale and translated to a
ACHIEVING GLOBAL COMPETITIVE ADVANTAGE OF APPLE INC. Apple Inc. is an American conglomerate company located in one immeasurable loop, Cupertino, California in the middle of the Silicon Valley. (OPPapers, 2012). Apple is motivated on their designing, developing, innovating new products like the personal computers, other related software products, and the electronic products such as MP3 players and iPods. Apple Inc.’s main products are iMac, iPod, iPhone, iPads and its latest advanced product is iWatch, which is on the edge of creating another revolution after iPhone. Apple Inc. has transformed its image from an inventive computer manufacturer to a fully-fledged consumer 's electronic company.
3.1.2 The first psychological factor is motivation. Motivation can be defined as a need that is sufficiently pressing to direct the person to seek satisfaction of the need. What usually works on motivation is Maslow’s ‘hierarchy of needs’. For example, what usually triggers one’s motivation to buy an Apple product is Self-fulfilment. If a person really wants to buy an Apple phone product but the price is very expensive, this will become one of the needs that turns a on a motivation which influence the person to purchase the Apple brand hand phone.
Motivation is defined as the process that initiates, guides, and maintains goal-oriented behaviours (Cherry, 2015). It comes when a person is willing to scarified time, money and energy to do well in a task. Motivation is an inherent action that provide us impulse to do something in order to achieve our goals. In the movie The Pursuit of Happiness, Chris Gardner who had lost everything in some financial crisis and he ended up living in homeless shelter with his son. He was jobless to support his son and his wife as a result his wife leaves him.
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
English 102 Essay 2 Jalal Bou Kanaan Outline “The Apple and Samsung showdown” I. Introduction: General Background information + Thesis: “what makes those companies not alike are the phones they release through the years, but are they that different?” II. “example of two leading rival companies in the field of smart phones” A. Information about the Samsung Galaxy Note 4 B. Information about the Apple iPhone 6 Plus III.
According to Bullen and Rockart (1981), critical success factor is the significant skills, areas, or actions of a company that contributes to the competitive performance that can make it become successful. The main key success factor of Apple is its core competency, technology. The company that owns the advanced technology may get high revenue and a larger market share when imply this technology in its product or service (Roth & Miller, 1992). Apple has used this core competency to develop many highly functional and usable digital device and software which can develop the loyalty of customers to its brand (Laugesen & Yuan, 2010). For example, many electronics products in the market are use Google’s Android system, while Apple uses its own system, iOS in all of its digital devices (Johnson, et al.,