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External Analysis of Apple Inc

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Running Head: EXTERNAL ANALYSIS OF APPLE, INC.

APPLE, INC.

External Analysis of Apple, Inc.
Aaron Nance, Jeanette Odetola, Zuaibar Rashid, and Rachel Rozo
Strategic Management MGMT 4340
FALL 2012
Dr. Uche Nwaubeze
University of Houston, Victoria

TABLE OF CONTENTS

1. EXECUTIVE SUMMARY……………………………………………………………….. 3

2. COMPANY HISTORY…………………………………………………………………... 2.1 Background…………………………………………………………………………. 2.2 Purpose of this study ………………………………………………………………

3. EXTERNAL ANALYSIS ……………………………………………………………….. 3.1 General Environmental Analysis ……………………………………………….. 3.1.1. Demographic Segment …………………………………………………… 3.1.2. Economic Segment ……………………………………………………….. 3.1.3. Political/Legal …show more content…

This additional elasticity in Apple’s business strategy shows its aspiration to conquer Dell, HP and Microsoft, done with a exceptional and groundbreaking mixture of digital media and personal computer creations.

2. Company History
Before there was Apple Inc., there were two young high school friends, Steven Jobs and Steven Wozniak. These two young geniuses were extremely interested in technology and electronics, and they used this passion to find employment. Jobs worked for Atari, and Wozniak worked for Hewlett-Packard. In April of 1976, in a garage with just $1,300, the two Stevens came together to form a dynamic duo. With Wozniak’s flair for computer design, and Jobs ability to look further into the future, they both created the Apple computer. Now branding began to emerge as Ronald Wayne became a 3rd founder of Apple Inc. since was responsible for creating the company’s first logo which he later resigned because he believed that the company would pose a financial risk. The new logo was created by Ron Janov designs. The company’s first president was Mike Scott. The company was not taken seriously until 1977 when the company came out with the Apple II, which was the “first personal computer to come in a plastic case and include color graphics,” at this point Apple Inc. became incorporated. The company continued to improve with the introduction of Apple III. In 1983, Apple Inc. became the fastest growing company in history, and at this time

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