1.0 Introduction Strategic management is the main pillar that helps firms to gain a competitive advantage. If profit oriented organizations had a deficit in strategic management, then realization of profits would be difficult because of poor planning and stiff competition. Effective business management begins with the internal analysis of the strengths, opportunities, weaknesses and threats of a company (Valentin, 2001). This paper conducts an analysis of the strengths, weaknesses, opportunities and threats available in the internal environment of Apple and makes managerial recommendations. 2.0 Background Apple is an American based company specializing in the manufacture of electronic products mainly computers and related accessories since 1976 (year of establishment) in California. The company has a new technology for their products that unfortunately, under the able management of the CEO, Tim Cook, experience compatibility issues for software and hardware applications with other existing computer. This has erupted into global debates in the industry with key players blaming the company for locking in Apple customers. The company generally has a global reach with revenues amounting to more than $156,508 billion by the end of the 2012 financial year (Apple Inc., 2014).Apple had 60,400 full-time employees worldwide according to a form filed with the US Securities and Exchange Commission (Camm-Jones, 2011). In 2012, the employees had increased to about 72,800 with profits
Apple inc is an american multinational technology company headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, and online services. Its best-known hardware products are the Mac personal computers, the iPod portable media player, the iPhone smartphone, the iPad tablet computer. Apple has around 437 stories around the world and around 100,000 staff (around 200 staff per storie) apple was first started in 1976 by founder Steve Jobs, Ronald Wayne, Steve Wozniak. Apple has shareholder and the biggest shareholder have a say in what Apple do and have a say in how come in or out. Apple Is worth is around $700 billion the most expansive company in the world. Apple want to "better" great technology for is customer there main goal is to beat their main competition Samsung.
This report will detail Apple’s growth towards the future. Initially the report will discuss Apple’s current situation, its market trends and success. Then we will move into Apple’s senior management and how they run the show successfully to have made Apple to what it is today. Finally, we analyse Apple’s current downfall in the market, after the passing of Steve Jobs and how Tim Cook plans to bring about new innovations to bring Apple back to life. All resources for this report is taken from valuable resources on the web with references listed below.
Apple, Inc., an American multinational technology company, which founded on April 1, 1976 in California, United States. The company has earned $53 million of income in 2015, which increase $14 million of income compared with 2014 (Apple Inc., 2015). It has developed from a small personal computer company to a multinational corporation that selling various types of electronic products and software such as, iPad, iPhone, iOS, and others (Apple Inc., 2016).
This paper is a business situation analysis of Apple, Inc. Apple a market leader in the consumer computer industry with products including desktop, laptop, and handheld computers, as well phones, media streaming, and now watches. A multinational company, Apple was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne on April 1, 1976. They specialize in designing, developing, and selling high-end computers, software, and other electronic devices. Because of Apple’s broad product portfolio they compete with many different companies in a range of markets. This analysis will be conducted using historical information, a SWOT analysis, and portions of Porter’s Five Forces Model to understand its business strategies, impact within markets, products and services offered, corporate leadership, and future.
Apple is a software company that manufactures phones, computers, iPad and software’s, Apple was founded by Steven Paul Jobs, Ronald Gerald Wayne, and Stephen G. Wozniak on April 1, 1976 and is headquartered in Cupertino, CA. It was incorporated as Apple Computer, Inc. in January 1977, and was renamed as Apple Inc. in January 2007, Apple became the first U.S. company to be valued at over 700 billion dollars. Apple’s first products was Apple I personal computer kit and which was manufactured in July 1976, Apple has changed its logo 3 times, Apple used to be the largest publicly traded corporation in the world by market capitalization and it had an estimated value of 530 billion dollars as of February 2016. The CEO of Apple is Tim Cook, Tim Cook had been working for IBM for 12 years and then in 1994 he became a chief operating officer at Intelligent Electronics, and in 1997 The Compaq Computer Corporation hired Cook as vice president of corporate materials. Tim Cook joined Apple in 1998 which was before they had developed iMac, iPhone, iPad, or iPod. When Cook started working for apple he was responsible for managing all sales and operations for the company worldwide. In 2011, Tim Cook was named Apple 's new CEO, he took over the position for former CEO and Apple co-founder Steve Jobs.
Apple Inc. is a multinational corporation which deals in computer software product and consumer electronics. Apple Company’s famous product includes the Mac OS X operating system, the iTunes media browser, iLife suite of multimedia and creativity software and the iWork suite of productivity software. The company is operating in nine countries with 250 retail store and also operating an online store where software and hardware products are sold. The employees of Apple are about 35,000 worldwide and had worldwide annual sales of US$32.48 billion in year ending September 29, 2008 as fiscal year. Apple has established unique reputation in the consumer electronic industry by its distinctive advertising campaigns and comprehensive aesthetic
Apple is a large multinational company and is the second largest information technology company. Apple has a revenue of $199.9 billion and a profit of $44.46 billion. Apple’s market capital, meaning the aggregate value of the company based on its current share price and the number of outstanding stocks is $741.8 billion. Apple is a public company meaning you can buy shares into the company, which are traded freely on a stock exchange and is now the largest publically listed company. It was founded by Steve Jobs, Steve Wozniak and Ronald Wayne on April 1,1976. Apple employs 92,600 people and has 437 stores located in fifteen different countries. An online store is also available in 39 countries to serve on
This section of the report will examine and analyse the internal environment of Apple Inc. which will cover the organisation structure. The internal environment of Apple Inc. would be examined through the use of SWOT analysis. SWOT analysis is used to analyse an organisation 's strengths, weaknesses, opportunities and threats, in this case, the organisation is Apple Inc. however for the purposes of this section of the report, only the strengths and weaknesses will be examined and analysed.
Apple Inc. was founded in 1977. To date, this company has continually offered a wide range of products to meet the growing demands of customers all over the world. Apple not only produces and sells computer software and cellphones; they also distribute consumer electronic products around the globe. Increasing the value of shareholder and coming up with new inventive products is a constant process for Apple, and Apple continues to do so with their popularity around the world with about 301 store locations in 10 different countries. Aside from all of
On the other hand, this is a tech corporation whose very existence relies on creativity. Th
This paper aims to highlight and discuss the major challenges and opportunities which Apple Inc. faces while bringing innovation in the four primary areas of its business operations; including product innovation, process innovation, marketing innovation, and organizational innovation. The major focus of the paper is towards discussing the combination of all these processes which this organization follows and the major challenges which it faces in the course of its innovation or change strategies. The paper concludes by summarizing the importance of innovation for Apple Inc. in the light of the whole discussion.
The case study will follows examines Apple Inc., which launched its iPad on 4 April 2010. Apple was founded in 1976 by two college dropouts, specifically, Steven Jobs and Steve Wozniak. The two built a computer circuit board working in Job's family garage located in Los Altos, California. (Yoffie and Kim, 2010, paraphrased) After several months time they produced 200 units and took on a new partner, A.C. 'Mike' Markkula, Jr., who played a primary role in the attraction of venture capital since he was the one with the experience in business.
Apple Inc. is an American multinational corporation headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, online services, and personal computers. It was established on Apr 1, 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne. Its best-known hardware products are the Mac line of computers, the iPod media player, the iPhone smartphone, and the iPad tablet computer. Its online services include iCloud, iTunes Store, and App Store. Apple 's consumer software includes the OS X and iOS operating systems. Its products are sold in more than 120 countries in which India, China, US and European countries like Germany, Italy, France, Spain etc are major user of Apple’s
Apple Inc., formerly Apple Computer, Inc., is a multinational corporation that creates consumer electronics, personal computers, computer software, and commercial servers, and is a digital distributor of media content. Apple 's core product lines are the iPhone smart phone, iPad tablet computer, iPod portable media players, and Macintosh computer line. Founders Steve Jobs and Steve
Apple is an American based multinational technology corporation headquartered In Cupertino, California. The company is best known for manufacturing, designing personal computers, consumer software products, and electronics. The company currently employs approximately 110,000 employees worldwide (Fiegerman,2016). The company was established by Steve Jobs, Steve Wozniak and Ronald Wayne in 1976. In 2007, the name changed from Apple Computer Company to Apple Inc. co-founder, Steve Jobs as the CEO. Under the leadership of Steve Jobs, Apple became one of the most powerful companies in the world of technology and innovation. Tim Cook is the current CEO and his leadership style is different. Jobs was a visionary leader. Cook focuses