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Its product portfolio includes 3D printers, monitors, scanners, printers, laptops, and computers. There are many Apple Smartwatch Competitors for example Fitbit smartwatches, Huawei smartwatch, Samsung Gear S3 Frontier and Garmin. Apple Weaknesses in SWOT Analysis Narrow Product Line. Comparing the results to its competitors, Apple Inc reported Total Revenue increase in the 3 … In laptops segment, Samsung has a decent market share but not among the top apple competitor in laptop segment. Windows and Blackberry phones having 8 and 3.6 respectively. In the smartphone market, Huawei occupies 10.02% of the world market share compared to Apple at 22.09%. Google is an American origin company that was founded in the year 1998 by its founders Larry Page and Sergey Brin. The firm’s strategic objectives and planning are focused on business development in areas where competitors are weak. It serves a worldwide area with headquarters base at Minato, Tokyo in Japan. Though dell is competing with Apple in the PC market, Apple has more loyal customer base. On May 31, 2020April 19, 2020 By Competitors Content Team. Low switching cost (strong force) Companies like Samsung and LG aggressively compete with Apple. AsusTeK or Asus is a multinational computer and phone hardware manufacturer and distributor. Sony Vaio and Xperia XZ android phone can be considered one of the alternatives of Apple MacBook and iPhone. Apple Strategic Analysis. Adobe competes with Apple in the desktop apps segment. Sony brand is known for its playstation which is have a larger chunk of market share i.e. Amazon’s digital music services are also competing with Apple’s iTunes. DESCRIPTION OF THE COMPANY AND THE PRODUCT 2.1. Many of apple’s biggest competitors work together to weaken Apple’s market share. Competitors Analysis Although Apple seems to be one of the leaders in tech industry, but they have major competitors who are equally doing pretty well in the industry and of course controlling a segment of the market. Every product is designed with great innovation. The company is often criticized because a 30% cut is a significant commission for small businesses or app developers. Google is a primary competitor to Apple in the operation system segment. Samsung is the one of the Top competitors of Apple in the Smartphones segment. It offers qualitative products at affordable rates and this is its strength against its rival brand Apple which offers products at very high prices. It has also ventured into digital marketing software. In the worldwide smartphone market Huawei is giving a tough time to Apple iPhone. Its strategy is focused on mass penetration because Android has a stronghold over the world market with 84.7% whereas Apple iOS occupies a mere 11.7% of market share. Sony was founded in 1946 by Masaru Ibuka and Akio Morita. Samsung Group has a huge product line i.e. Huawei is the top most competitor of Apple iPhone. Apple’s PESTEL analysis reports show how these competitors showed the ability to replicate its products and services that can threaten Apple brand as a whole. Ten years of annual and quarterly financial ratios and margins for analysis of Apple (AAPL). Competitors 4. On the other hand Apple iOS having 11.7% market. About Stock Profitability Analysis. What’s worse is pixels design similarities to that of Apples iPhone which makes the competition between the two even more fierce. Important services include App Store, Apple Card, Apple Arcade, Apple Music, Apple TV+, iCloud, Apple Books and iMessage etc. In the following analysis we will be discussing Apple Inc.’s performance relative to their industry. Since the beginning Apple differentiated its products with innovation, sleek design and marketing strategies. Low differentiation of products (strong force) 3. computers and laptops include MacBook, MacBook Air, MacBook Pro, iMac, iMac Pro, Mac Pro and Mac mini. Apple is well known as technology giant and an innovative company that has brought several superhit products to the market including iPod, iPad and Mac. Apple offers both iPhone and laptop at high prices but Samsung has managed to produce these items at affordable rates if compared with the brand Apple. Threads 5. In the tablet market, Apple occupies 66.32% of world market share and Huawei a mere 1.34% of the share. Over the year Apple Inc. build a strong brand awareness in the mind of consumer in all the segments they are dealing. The Apple competitor offers stiff competition in operation system segment. The Adobe Premiere Pro is equivalent to Apple’s iMovie, Adobe Illustrator Draw offers competition to Apple Notes and Adobe Audition competes with Apple’s Garage Band. Based on this SWOT analysis, it is evident that Apple Inc. has major strengths that can effectively influence the company to address its weaknesses. Microsoft is one of the leading competitors of Apple in many segment i.e. There is aggressive competition in emerging markets as well as established ones and it has opened doors for everyone so that they can cash in the available opportunities. HP Inc. is providing acceptable quality products with affordable prices. Search for Incredible brand spirit, Asus has almost 17000 employees which include 5000 R&D professional. It is a leading manufacturer in the professional and consumer market of electronics products as well as film and television entertainment industry. It posted its revenues for the fiscal year 2019 at an estimated 121.72 billion US Dollars and with more than one lakh ninety-four thousand employees the distinction of being one of the largest technology companies in the world goes to Huawei. Samsung Galaxy series and Samsung Note series are pitied against Apple iPhone and are challenging each other to increase their customer base and ultimately market share. In the year 2017, it was the recipient of more than four thousand and five hundred awards for offering qualitative, innovative and cutting edge products. Apple has brought a big change in our day to-day life, simplest being buying music to particip… Both iPhone X and Google Pixel 2 are high end smartphone and competing in the market to attract customers. There is great effort behind Apple’s success in the market. 8 in the year 2016. Oppo was founded in 2001 and became Top smartphone brand. Sony is one of the Apple competitors based on their laptops and smartphones. Aggregated Profitability Score In GPRV, the Aggregated Profitability Score is the average of the profitability indicators' scores. Both these brands Huawei and Apple have fierce competition in the smartphone market. In April 2019 it was able to reach the trillion-dollar market cap and became the third-largest valuable company in the world. Hewlett-Packard Company HP (HPQ) is a multinational Information Technology Company. Android OS offers competition to Apple IOS in iPhones, iPads and iPods, Google Maps to Apple Maps, Google’s YouTube Music to Apple Music, Google Play Movies to Apple TV, Google Home to Apple Siri, Google Pay to Apple Pay and Google Pixel 2 to iPhone X. Huawei is a limited company of Chinese origin that was founded in the year 1987 by its founder Ren Zhengfei. Microsoft offers several software services that make it one of the primary Apple competitors in the world. Huawei has spread its presence to one hundred and seventy countries and serves more than three billion people in the worldwide market with the help of fourteen R&D institutions and thirty-six joint innovations. Microsoft is a public company of American origin that was founded in the year 1975 by its founders Bill Gates and Paul Allen. In the year 2017, Asus won more than 4500 awards for providing cutting edge, innovative and high quality products. The top 10 competitors in Apple's competitive set are Microsoft, Dell, Samsung, Lenovo, HP, Sony, ASUS, Google, Huawei, Philips. The reason behind its growth is not only organic but also acquisition of IBM personal computer business and Motorola mobility. Currently, it is one of the most popular and valuable companies in the world, valued at over one trillion dollars and revenues at 260.174 billion US dollars at the end of the fiscal year 2019. The SWOT analysis of Apple tells us the way Apple made use of its competitive advantage to turn out to be a leading player in the technology industry. Lenovo is on Fortune 500 and consider top brands in the world. Few years back Dell has launched XPS laptops product line which are competing with MacBook Pro. Together they have raised over 56.3B between their estimated 2.8M employees. With NT$354.2 billion at the end of the fiscal year 2018, ASUS is one of the top global brands and on the list of Apple competitors. 1. A lot of people have no idea that Apple is in the online payment business, but they have been for almost 2 years now. In Apple’s case, this influence is based on the following external factors: 1. Oppo is one the apple competitors in the smartphone segments. Asus Hewlett-Packard Company is referred to HP and is an American origin public company that was founded in the year 1939 by its founders David Packard ad Bill Hewlett. Soon they were able to capture the market by and starting their product line. It has spread its presence to more than five hundred locations and serves with headquarters base at California in the United States. Microsoft is an American Technology company which revolutionized the information technology in past decades. It offers products in categories like consumer electronics, TV shows, music, video games, semiconductors, etc. Dell is associated with the computer technology industry and deals in repair, sell, develop and support of computers and related services and products. Apple’s brand is more valuable than any other company in the world. Huawei has introduced “GPU Turbo” technology which will increase brand reputation of Chinese Tech Giant. consumer electronics, semiconductors, telecommunication equipment, home appliances, automotive and many more. It acts as a subsidiary of its parent company Huawei Investment & Holding. While the computing industry has been seeing a decline in the recent years, in 2017 and 2018, Apple again started climbing the charts to restore its … Releasing more smart home devices like Echo conglomerate in South Korea and amongst topmost. 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