Apple Case Study
Historical Timeline of Apple Inc.
Apple Incorporated has come a long way over the years, starting more than 3 decades ago in 1976. Apple was founded by Steve jobs, Steve Wonzniak and Ronald Wayne initially entering a niche market in the production of the first computer, the Apple I, followed by the Apple II in 1978. Apple began its career as a successful company based upon strategic innovation, and they remain that way today, but it wasn’t always sunshine and lollipops, they experienced their fair share of struggles too.
IBM entered the market in 1981 and gave Apple its first real competition. Apple managed to bounce back and thrived on this competition to abolish complacency and starting findings new ways to stay
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They have the ability to create products that people will buy despite the state of the economy. Apple is a unique company in the way that there is a very prominent amount of consumers that will buy everything that Apple puts on the Market. This type of supporting allows Apple to charge higher prices for their products. In saying this alongside Apple’s consumer loyalty they have created numerous low priced products. The IPod Shuffle is an excellent example, which can be purchased directly from the Apple website for just $49.
Obviously in a technology based industry there is a huge emphasis placed on technological advancements. As stated earlier, technology can be related to international business but technologies within Apple’s products are the reason why they continue to leave their competitors in their wake. The combination of the iPod with iTunes has been a huge success for Apple. On the 1st of September 2010, it was announced that Apple had sold 275 million iPods, making it the biggest selling digital music player of all time. Then when technology was advancing toward touch-screen devices, Apple came out with the iPod touch, iPhone and most recently, the iPad. Apple’s ability to constantly stay one step ahead of its competitors is the driving force behind their success.
Five Forces Analysis 1. Threat of New Entrants “Low” a. Getting into the industry will take a large amount of
Overall in the past few years Apple has become more and more successful through preparing for the growth of E-Business for today’s society. The company has taken in and analysed competitors behaviour in order to remain market leaders and stay at the forefront of high end products such as IPhone and there IMacs range. Apple have tried to create a unique feel for their products when compared with Microsoft they have been trying to play catch up with Apple in all the same categories they both operate in. Apple use very different marketing techniques compared to Microsoft which has made Apple the number one brand in the world.
One key element of Apple’s strategy in computers, personal media players, tablet computers, and smart phones is product innovation, diversification and development. Over the years Apple has been very successful in integrating software and hardware in new developing products. Despite the struggling economy in recent years, Apple has been able to grow their market share and stay ahead of the game.
When they introduce Apple II, people started to recognize their presence and they started to receive orders.
Another aspect of their success is their approach to product designing. In Apple, product design always precedes engineering. They envisage their product, engineer one way to the goal, and start from scratch if anything does not seem right. They have always tried to make products which are easy to use and does everything better than a similar product in the market. This approach has worked pretty well so
Apple has prospered internally and it is necessary to consider both strengths and weaknesses. Apple has lots of strengths, the major of them being it’s impressive brand reputation, Apple managed to position the brand as “premium products” for “elite” people. Customers are loyal and tend to stay in Apple’s ecosystem. Apple’s self-reinforcing ecosystem, it has a diverse ecosystem which integrates various hardware and software products into one large interactive space. Status of top innovator, Apple is perceived as the leading innovator and its products are highly anticipated. Apple’s very strong financial performance, high profit margins and very high liquidity. It’s network of retail stores, high-quality customer service helps to create advanced user experience. A powerful marketing strategy, Apple’s team masterly uses various marketing techniques to create a hype for their products and to strengthen the brand.
The multi billion-dollar corporation, Apple Inc., designs and manufactures some of today’s highest technological gizmos and gadgets. Among their best known products are the Apple and Macintosh computers, iPods, iTunes, iPhones and iPads. Apple is one of the most powerful and influential high tech companies in the world. The success of Apple Inc. stems from the innovation and visions of co-founder and entrepreneur, Steve Jobs, the excellence of the stylish, user-friendly products, and the ability to create innovative products that consumer’s desire.
Apple Inc. is a corporation that designs and manufactures computer hardware, software and other consumer electronic products. The company is known for the Macintosh personal computers, iTunes media applications and the iPod personal music players. Apple was founded in April 1976 by Steven Wozniak and Steve Jobs, both college dropouts. In 1976, Wozniak and Jobs created the Apple I computer which did not have a keyboard or power supply for a computer hobbyist club. Later that summer Wozniak started his development of the Apple II, which
Stephen Woziniak and Steve Jobs founded Apple Computer in 1976, which was called the Apple I, then in year 1978 just two years after, Apple II was introduced. More than 10,000 units were sold which relatively was a success, Macintosh (Mac), which dramatically change personal computer. iMac, iBook, iPod, iPad, iPhone, and other come from the lineage of Apple.
Apple, Inc. engages in the design, manufacture, and marketing of mobile communication, media devices, personal computers, and portable digital music players (Forbes Media LLC, 2016). The Apple Corporation offers a wide variety products and services such as the iPhone, iPad, and Mac computer. The company was founded by Steven Paul Jobs, Ronald Gerald Wayne, and Stephen G. Wozniak on April 1, 1976 (Rawlinson, 2016). The original Apple computer was to be priced at a meager $666.66 for consumer purchase and $500.00 wholesale.
Apple has been one of the most successful companies worldwide in designing, manufacturing and selling desktop and notebook computers, portable digital music players and iPhones for the last couple of years.
According to Blue ocean strategy including examples article in 1976 Apple was established by Steve Jobs and Steve wozniak. It is considered as one of the biggest company worldwide. It is concentrate on manufacturing computer software systems. Blue Ocean strategy was used by Apple Since 2001, this strategy makes them successful. Hence, Apple creates its own future profits and growth through inspiring new market space and ignoring demand. They does not care about what their competitors provides in the market as they believe that their brand name is known every ware and many people are loyal to them and they doesn't attractive to another brand like
The Apple Company has become one of the most valuable company’s in history. Since April 1 1976 the Apple Company has released many different products and the company continues to grow. To this day new Apple products are being sold, and the plans for future models are being created.
Apple Inc., headquartered in in Cupertino (California), was created in April, 1976 and was incorporated on January 3, 1977 by Steve Jobs and Steve Wozniak. Throughout its history, Apple has struggled to deliver
In return, they have a strong financial backing, brand reputation, strong marketing and advertising teams. Apple plans to take these strengths and prosper off of them. Taking the amount of brand awareness they have built along with their benefit of retail stores the company can plan to use their strong marketing and advertising teams to launch a new product.
In its infancy, Apple Computer Inc. began with the Macintosh personal computer. The company was founded on April 1, 1976. The founders were Steve Wozniak and Steven Jobs. They incorporated the company in 1977, on January 3rd, in Cupertino, California. In the twenty years that followed, the company produced personal computers. Besides the Macintosh, Apple Inc. made Apple II, and the Power Mac lines. Although they lasted for decades, during the 90’s the company experienced some turbulent times with low sales and market share. Steve Jobs left Apple Inc. and came back in 1996 when his company, NeXT was purchased by Apple. In 1997, Jobs became the interim CEO. In later years it became a permanent position for him.