| Apple Apple Inc. is one of the most successful companies in the United States and in the world. Apple Inc. is a multinational company that specializes in the manufacturing of electronic equipment like smartphones, software and computers. The company is well known to everyone for products like iPhone, Macintosh, iPad and iPod. Apple came into existence as the joint effort of Steve Jobs and Steve Wozniak. Wozniak was the mind behind the technology while Jobs was mind behind the marketing strategies. Apple Inc. was founded by Steve Wozniak, Steve Jobs, and Ron Wayne on April 1, 1976 then was incorporated in 1977. The company was first established as Apple Computer Inc. Later on, the company founders decided to remove the world …show more content…
More than 50% of the company’s revenues come from outside of the US which gives the company a strong operating profit margin of 4.2% compared to 2.8% of the industry average (DATAMONITOR). Apple’s perfect position in the market place and its strong financial status gives its customers and investors a strong confidence in the company. However, one major disadvantage of its powerful brand is that their mistakes will be reflected immediately in the whole company. If there is anything wrong with any of Apple’s products or manufactories, sales will go down and Apple’s credibility will decrease as well. Therefore, if there a problem with its factories, employees and products, it should be addressed instantly. Otherwise, people will misjudge the problem as something bad that Apple is doing. Another important strength is its strong media content. The famous iPod and its iTunes products are also a success in the past five years. The IPod provided the company with a whole new level of sales. In 2006, more than one billion songs were downloaded from iTunes. The iTunes music store allows people to download music, movies, TV shows, audio books and videos for a small fee. For example, Apple charges $0.99 per song or $9.99 per album. The variety of its product and easy accessibility of the iTunes Music Store gives Apple a competitive advantage. Another internal part of the SWOT Analysis is Apple is weakness. Like any other
Apple products are designed in California USA and manufactured in different foreign countries such as China, Taiwan, Korea, Mongolia, and Europe which produce part of the devices, most of the raw material ‘Earth Minerals’ to produce these items can be found in China. Since technology has a lot of benefits in human’s life, the demand has been increase year by year which make business to expand and hiring more people in the company. From 2005 to 2015 the number of full-time employee’s has been increase more than 80 thousands.
Apple Inc formerly known as Apple Computer Inc which provides corporate Server, MAC OS Systems and Operating System. Apples core product lines are the iPhone, iPod and Macintosh System. Steve Jobs and Steve Wozaniak, The founder of Apple has created the Apple Computer on 1st April 1976 and integrated in the company on 3rd January 1977, in Cupertino California. It has driven the Computer manufacturing market for more than two decades. Mr. Steve Jobs who was expelled in 1985 was return as CEO of the APPLE Inc in 1996 with new Ideas and corporate philosophy. With introduction of successful IPod Player in to 2001 Apple has again proved itself as a Market leader in consumer electronics. Latest era of extraordinary success
Political factors such as geopolitical uncertainties, wars, legislations, authority to work and health laws can potentially impact Apple’s production. Apple has outsourced the production of its components to different countries
Apple is a company that designs and manufactures computer hardware, software, and other consumer electronics. Steve Jobs, Steve Wozniak, and Ronald Wayne established Apple and incorporated it in 1977, in California. Apple has grown into a multibillion-dollar business and has become a Fortune 500 companies. I chose Apple because I own many other Apple products. Apple started with just the Macintosh computer. Now, they have created other popular items like the Ipad, Iphone, Ipod, Iwatch, and Macbook computers. “The Company’s business strategy leverages its unique ability to design and develop its own operating systems, hardware, application software and services to provide
As an industry leader, Apple Inc. is required to adopt quality internal control methods, which guarantee its normal operations, increase efficiency and enhance accountability and transparency. Among the internal controls that Apple Inc. adopts are the Internal Audit function, this is mandated monitoring of the operations of the firm and reporting areas that require improvements (Apple Press Info, 2015). The treasury and finance matters, this evaluates the financial issues of the firm and how it can be more cost effective; the enterprise risk management, this evaluates the risks that the firm is likely to face and helps in
Apple has done a good job at navigating what is called the “Macroeconomic Risk” which was addressed in the previous paragraph but there is yet one more major risk that are, at the least, very difficult to predict and control. This is what is known as the “Operational Risk” and every company is at risk of the variables that it brings. Unfortunately, some of the countries that Apple manufactures its products in could be having issues internally or externally with other countries and as a result a war could manifest and that could be damaging to many aspects of the company, especially to production. Another issue could be unhappiness of the employees; if they feel as a group that they aren't being treated fairly they could start a strike. This can put Apple in a bad position because it can slow or stop production of products and cause the company to not be able to fulfill prearranged obligations to their consumers. The third variable can be unpredictable and cannot
world. They design, develop and sell consumer electronics, computer software, online services and personal computers. They have a list of the most charming and captivating products like the iPad, iPhone, Ipod, Mac books, and etc. Despite of the line of the hardware products they also have software products and different networking products. Apple was founded by Steve Jobs, Steve Wozniak and Ronald Wayne on April 1, 1976 to flourish and sell a personal computer. Apple is one of the largest information technology company, they still remain innovative and valuable.
Apple Inc. is one of the largest U.S. corporations and a living legend of the computer world. This is a multinational corporation that designs consumer electronics, software, and personal computers on the market. Well-known hardware products include the best line of computers Macintosh, IPod, iPhone and IPad. It has a logo of bitten apple and associated brand name. The brand was officially registered by Steve Jobs and Steve Vozniak on April 1, 1976. The most promising gadgets from Apple developed under the leadership of Steve Jobs. The company introduced a very popular music player iPod, entered the market for mobile phones with touch smartphone iPhone,
Apple Inc. is a American multinational technology company. They are headquartered in Cupertino, California. The company was founded by college dropouts Steven Paul Jobs, and Stephen G. Wozniak on April 1, 1976. Their first sales call brought in a 50 unit order. They built the first Apple I computer in the garage of Steve Jobs home without a monitor or a keyboard. Later on they added a colored monitor, a keyboard, and peripheral slots. Sales rose from $7.8 million in 1978 to $117 million in 1980, which is when Apple became a publicly traded company. In 1983 Wozniak left Apple. Since the death of Steve Jobs on October 5, 2011, COO, Tim Cook, has been named CEO. “Apple has an ‘i ' for revolutionary technology. Since release, the company 's iPhone -- which accounts for the largest portion of its sales -- has spurred a revolution in cell phones and mobile computing,” (hoovers.com). Apple offers products and services under the iPhone, iPad, Mac, iPod, Apple Watch, and Apple TV brands. As well as consumer and professional software applications such as the iOS, OS, X, and watchOS brands. Operating systems under the iCloud and Apple Pay brands. One of the factors that Apple products are so popular with most is because its hardware and software products are interactive and provide a seamless experience for its users. Apple products are “user friendly”. In 2014, the firm enabling users to go from device to device with little interruption to no interruption, according to hoover.com.
Apple is a company that has the most innovative technology and is one of the most respected global companies today that has diversity as a priority. In an Era when most technology outfits have tightened their belts to adapt to a slower- growing market, only one company stands out for forging ahead with innovation and that is Apple. In Business environments of today the four functions of management must work in harmony for business to have a better chance of succeeding. A vital part in allowing the four functions of management to work is through delegation. Globalization and technology is at the forefront of Apple’s organization. We will look at how Apple uses the four functions of management to work with
The iconic American technological company Apple is worth a staggering $498 billion (CNN Money, 2016) and has the biggest customer loyalty base. This once garage operating company start-up is now one of the largest multi national companies taking not only the millennial by storm but also our baby boomers. People of all ages are enjoying the innovation and originality of Apple products. Apple has a growth rate of 44% annually (CSI Markets, 2015) and makes up 35% of the global technological market (Edwards 2014). Although Apple may operate out of California they have a vast presence overseas, especially in Eastern Countries. China is where Apple manufactures all of their crazed products annually. 71% of smart phones are manufactured in China (Ibisworld 2016). If Apple were to move manufacturing of their products to the US it would cost the company $4.2 Billon US (Forbes, 2013). Many multinational companies call China home to manufacturing due to the low cost of in capital, undervalued currency, energy and tax incentives.
Apple Inc is a multinational company headquarter in Cupertino, California. Apple Inc was founde on April 1, 1976, and incorporated as Apple Computer Inc. On January 3, 1977. The word “computer” was removed from its name on January 9, 2007. Apple Inc designs, develops, and sells consumer electronics, computer software and personal computers. Its best-known hardware products are the Mac line of computers, the iPod music player, the iPhone smartphone, and the iPad tablet computer. Its software includes the OS X and iOS operating systems, the iTunes media browser, the Safari web browser, and the iLife and iWork creativity and production suites.
1.1 APPLE INC ................................ ................................ ................................ ................................ 2 1.2 Organisation Structure of Apple ................................ ................................ ............................... 3 2. Management Information System................................ ................................ .............................. 4 2.1 Introduction................................ ................................ ................................ ............................. 4 2.2 Importance of