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thank you so much for your hard work man <3. We respect your privacy. Tim Cook is the current CEO of the company. Discuss the various levels and types of strategies the firm may use to maximize its competitiveness and profitability. It strips them all the way down to a single bolt. Today, one of the most successful products of Apple is the ‘iPhone’. On a Bloomberg interview, Apple CEO Tim Cook says: ” We are focusing on autonomous systems. Based on the SWOT analysis, outline a strategy for the company to capitalize on its strengths and opportunities, and minimize its weaknesses and threats. Company: Apple Inc. CEO: Tim Cook Year founded: 1976 Headquarter: Cupertino, California, USA Employees (FY2020): 147,000 Type: Public Ticker Symbol:  AAPL Market Cap (Oct, 2020): $1.86 Trillion Annual Revenue (FY2020): $ 274.51 Billion  Profit | Net income (FY2020): $ 57.41 Billion, Products & Services:    Computers | Software | Phones | Watches | Tablets | Cloud Technology | Accessories | Music Platform | Competitors: Microsoft | Lenovo | Google | Samsung | Toshiba | Dell | Sony | HP | Acer |Netflix | Disney | Amazon | Chase | CitiBank | Youtube. Apple Swot Analysis . Apple, the company had been a pioneer in the market of personal computers. Apple’s products can be considered a luxury due to their premium prices. projects actually to work on.”. History of Apple Inc. Due to their premium pricing, only middle or high-class individuals can afford their products. Apple Inc. has the opportunity to expand its distribution network. Smart wearable is still a very new category, there are a lot of opportunities to explore and grow here. In the lifetime of every successful company, there are points of strength and weaknesses that make up the company’s journey. With the advancement in technology, brands like Samsung, Google, and Dell are giving Apple tough competition. Apple Inc, Innovation, Risk, Smartphone, Steve Jobs, Apple Inc, Computers, Digital Technology, Steve Jobs, Strategic Management, Apple Inc, Communication, Computers, Digital Technology, Information Technology, Internet, Security, Smartphone, Apple Inc, Leadership, Problem Solving, Steve Jobs, The Analysis of Apple’s Corporate Strategy. The favourable brand perception had also increased sales of Macintosh computers. The former acquisition helps Apple to integrate intelligent search to the photos app on the iPhone, while the latter acquisition automates tasks by helping the consumers to arrange apps and features with a string of commands. Apple is headquartered in Cupertino, California and was founded by Steve Jobs. Apple is one of the most reliable company when it comes to personalized advanced computers and smart technology devices. Apple is highly dependent on China for its manufacturing and supply chain. iPhone App Store ” blocks innovation, blocks competition,” and “allows Apple to charge monopoly rents.”. Apple has solidified their grounds by establishing loyal customers, even with limited advertising resources. This strength of Apple Inc. has evolved from the few apple products that were in the market before 2013, to a wide variety of Apple products in the market now. One of the weaknesses of Apple is the compatibility of its products with third-party software or other accessories. In a recent webcast, Mark Zuckerberg, Facebook’s CEO, criticized Apple for its monopoly on App Store and hefty charges. Apple is one of the biggest names in the information technology industry and operating in the market for several decades. Apple limits its consumers from using other products together with its products. These opportunities have come about from customer demands and the need to keep up with technological advancements. Apple has the opportunity to continue to grow beyond just Apple watch and AirPods into other wearable categories. He returned to the company as a part-time advisor when Apple acquired Job’s NEXT Software Company to refresh its operating system. It reported flat revenue in Q2 of 2020 and declined to offer annual revenue estimates for FY2020 due to supply chain uncertainties. Apple’s business began in the computer industry, but Apple has developed itself to become much more than that specific industry. Thank you for this, I now have hope ! This strength has evolved over time from the conventional mobile devices to having a wide variety of Apple products, more electronic devices, and more software tailored to meet the consumer’s needs. Essay Sample: This is an analysis of the Apple Company which is one of the leading Phone companies in the world. Supply Chain Disruption. Apple’s products do not support other software or technologies making them incompatible with other devices. They might be entering into areas in which they lack competencies; remember the failure of Apple maps. In 1977, Apple was incorporated in Cupertino, California. In addition, Apple has introduced many new services in 2019, such as, Apple’s products can be considered a luxury due to their, Because of their success, Apple does not feel the need to have excessive spending towards advertisement in comparison to other big brands such as, Apple is rapidly expanding into new services, such as video content streaming, game streaming, credit card – competing with the dominant players such as, They might be entering into areas in which they lack competencies; remember the, Even though the latest version of Apple’s phones gives users the right to, Apple is under investigation for unfair business practices after receiving payments to make Google’s search engine as the default search engine for its Safari web browser. Collusion between the two giants makes it difficult for rivals to enter and expand into the search engine market. original papers, This example has been uploaded by a student. We are just scratching the surface…. Apple’s services include digital content stores, streaming services, iCloud, AppleCare etc. Counterfeit products can make potential customers believe that it is a product made by Apple with low quality. Sales of its iPod music player had increased its second quarter profits to $320 (June 2005). According to Chuck Williams (2018) In the late 1980’s, Apple lost billions after firing their CEO, Steve Jobs. In the fiscal year 2020, iPhone sales of, Apple was the first to introduce some of the most, Apple puts dedication into its product designs. IESE Insight, (29), 5-5. doi: 10.15581/002.opi-3714, Thao, T., & Tsanthaiwo, S. (2017). It will become a $27 billion+ market with 233 million unit sales. Furthermore, the paper will critically assess the SWOT analysis of Apple company. highly appreciate the time you have put into this thanks man. The intent of this analysis is to evaluate Apple's strengths, weaknesses, opportunities and threats (SWOT) and provide an analysis of each. Apple SWOT Analysis . Essays, Term Papers & Research Papers SWOT analysis is a strategic planning tool that can be used by Apple managers to do a situational analysis of the company. Although Apple as a brand has solidified itself, it still faces threats from competitors. Apple was founded by two college dropouts Steve Jobs and Steve Wozniak in April of 1976. Here’s a detailed analysis of Apple’s strengths, weaknesses, opportunities, and threats. In this Apple case study, the aim is to identify the internal as well as the external factors that have an impact on obtaining achieving high performances by Apple.From the study, the conclusion is if the company wants to continue to succeed the same way then it must consider macro and micro environmental factors. SWOT Analysis of Apple Inc January 10, 2019 Strengths. It offers a wide range of products and services which range from iPhone to Mac, Apple Tv etc along with a portfolio of other professional and consumer applications. Smart wearable technology will soon dominate the world. SSRN Electronic Journal. The company has also become more investor friendly as compared to the years before 2013, where Steve Jobs was very averse in giving investors a return on their investment. Share your thoughts and experiences in the comments section below. This analysis looks into the strength, weaknesses, Great things take some time. There could be many new form factors, for example, smart ring, smart headgear, smart shoe, smart glasses with a possible application in healthcare, gaming, etc. Tim Cook established a capital return program for the investors, this move helped them feel that the company had their best interest at heart and reaping out of their investment (Heracleous & Papachroni, n.d.). HIRE verified writer $35.80 for a … Thank you!! Apple is headquartered in, Today, one of the most successful products of Apple is the ‘iPhone’. In addition, about 14.5 % of its $274 billion in revenue came from China (a big market for Apple). Apple background Apple Inc is a multinational technological company based in America This weakness however is a disadvantage to consumers but an advantage to the company since it enhances the security and sale of its auxiliary products. SWOT Analysis: Strengths: Apple has a very unique strength which is the fact that they have created their own software and hardware, which gives them a very competitive edge in comparison to its competitors; they give their customers this feeling of exclusivity as their software is only compatible with their products, with little to none other brands being able to access their software … Apple, Inc. is one of the most successful companies in the world. Consumers who buy Apple products get into the Apple universe and can only use Apple products and therefore they must be well informed about their decisions. Apple Inc was established in 1976 by Steve Jobs, Steve Wozniak a… In addition, Apple has introduced many new services in 2019, such as Apple TV+ (launched in Nov 2019), Apple news+ and Apple Card (credit card services), Apple Arcade (game subscription). Apple Inc. Westport, Conn: Greenwood Press. This Analysis also highlights in detail the industry, competitors, company, and consumers. The new generation can never understand how life was like just 20 years before. According to Forbes, smart wearable technology device sales will double by 2022. Some of the major changes that have taken place in the company since 2013 is in the top leadership, after the passing on of Steve Jobs, former chairperson of the company. Roughly 16 million girls aged 15 to 19 years and 2.5 million girls under age 16 years [...], Apple's corporate strategy is to constantly expand their product base. Careful study is initiated and further research is performed to help understand, Apple has been expanding its services portfolio for many years. Through this Apple SWOT Analysis report, one can learn the exclusive details of Apple. Apple has the opportunity to focus on delivering self-driving software technology instead of building an actual car like Tesla does. The company’s products include Macintosh, iPhone, iPad, Apple Watch, Air Pods, Apple [...], INTRODUCTION An estimated 21 million girls aged 15 to 19 years and 2 million girls aged under 15 years become pregnant in developing regions every year (Darroch, Woog, Bankole, & Ashfold, 2016: United Nations Population Fund [UNFPA], 2015). Our editors will help you fix any mistakes and get an A+! Read this essay on Apple Swot Analysis 2014. Uber SWOT Analysis 2019 | SWOT analysis of Uber. The recent events have significantly affected and … The demand for autonomous is increasing rapidly. Their customer retention rate of 92% is phenomenal. In the fiscal year 2020, iPhone sales of $137 Billion represent half (50%) of apple’s overall revenue of $274 Billion. Apple Company swot analysis Free Essay Example. Apple Inc. was founded as Apple Computer Inc. Another major change is on embracing collaborations; Tim Cook has extensively considered the option of collaborating. Amazon has Roku that competes with Apple TV under streaming devices. (2009). : ). Apple has been under constant pressure by government agencies to unlock the iPhone via a backdoor, which means unlocking the encryption of the iPhone and giving access to its data. They dropped the word 'computer' from the company name 30 years later, hence the current name - Apple Inc. (Apple Inc., 2014). The company has been providing robust technology products and exceptional software services. Tracking users undermines trust. Steve Jobs had a very high level of secrecy that created internal silos in the company. Need your own essay? Didn't find the paper that you were looking for? Apple Computer Inc. has one of the biggest and most loyal customer bases, who supported the continued growth of the company. It sells a variety of software and related services which include networking solutions and applications. SWOT Analysis Apple Strengths • Apple is a very successful company. Apple can always rely on the power of the internet for future opportunities to gain new customers and form new alliances. Thanks Ribana for the kind words ! Your information is safe and will never be shared. US government has imposed a higher tariff on imports from China, increasing the overall cost of the products. SWOT Analysis on APPLE COMPANY- DUE IN A DAY Just from $13/Page Order Essay A SWOT analysis looks at the strengths weaknesses opportunities threats for one or more firms in […] Only at TermPaperWarehouse.com" These factors are generated from the daily activities of a company and they are important to the management of the company. When Apple’s CEO at the […] These include the watchOS, tvOS, Final cut Pro, and iWork. Apple is highly dependent on China for its manufacturing and supply chain. There are growing opportunities in the technology industry for Apple to take them up and the company has been a pace setter rather than a follower. The tech giant said that it did so to prevent unexpected shutdowns. penetration by other brands in the smartphone market. Apple utilizes economies of scope to increase [...], "In the 1980’s technology would begin its’ evolution into the twenty-first century of instant communication which would in return bring positive cultural benefits and infringements on national security. Apple has been accused of using tracking apps in its phones, which revealed the precise location of users. The company went public in 1980 but Steve Jobs was forced out of the company in 1984. He is passionate about analyzing and writing about businesses. Even though the latest version of Apple’s phones gives users the right to decline the tracking, trust is difficult to regain once it is lost. Eucharist. Most parts of an iPhone can be reused. In the year 2017, Apple acquired Regaind, a French AI startup and DeskConnect, an AI tool. Yet the term media player doesn’t end the description there. In addition, about 14.5 % of its $274 billion in ... 2. Deliveroo Business Model | How Does Deliveroo Make Money? It began as a computer software and hardware manufacturers. Until the 1980’s, a standard computer would cost 9 million dollars, require a quarter acre of air conditioned space, and 60 people to operate it. Tell us what you think? Apple puts dedication into its product designs. Apple has been expanding its services portfolio for many years. Apple marketing relies heavily on its iconic and flagship retail stores. Counterfeit products can make potential customers believe that it is a product made by Apple with low quality. It will become a $, Apple has the opportunity to continue to grow beyond just, The youthful population and rapid economic growth in emerging economies offer immense opportunities for expansion. With the expansion of their team, Apple can continuously build new opportunities. If you need help faster you can always use our custom writing service. Swot Analysis For Apple 1055 Words | 5 Pages. As any other company, Apple has its blind sports. It is an American multinational founded on April 1, … Apple has been dominating the technology sector for years now. Blessing of science free essay; Write theme analysis essay; Nus mba essays tips; Butterfly essay in marathi language; Bulletin Archive 2014; Bulletin Archive 2013; Directions and Parking; Accessibility; Essay about human rights violation; Email Newsletter; Citing a journal article in an essay; Worship. Come browse our large digital warehouse of free sample essays. Apple competes with firms like Samsung which also uses rapid innovation strategies in the company. Apple has the expertise needed to deliver self-driving car technology rather than fully-functional autonomous or electric cars. Apple Inc. has evolved fro… Apple is still determined to build and craft better, more proficient technology devices. Tim Cook took up the task of leading the organization, he has executed the task mandated to him excellently and life after Steve Jobs has been marked by several changes due to the difference at the top. Apple charges a 30% cut for in-app purchases through its app-store. The plan is to enter the automobile industry by 2020. Strategic leadership and innovation at Apple Inc. O’Grady, J. Deliver Self-Driving Software Technology. The tough competition in the industry is partly because of the aggressiveness of the company. Save my name, email, and website in this browser for the next time I comment. To see the essay’s introduction, body paragraphs and conclusion, read on. We can create an original paper just for you! In addition, about. Apple is under investigation for unfair business practices after receiving payments to make Google’s search engine as the default search engine for its Safari web browser. Its great strength lies in the design, development, and manufacture that most competitors are unable to match and they lack a similar product ecosystem such as the one coveted by Apple(Thao & Tsanthaiwo, 2017) . How Does Credit Karma Work and Make Money? S.K. Apple Computer Company was founded in April 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne. Consequently, it adversely affects the gross margin on the products and may make the product more expensive for customers. A management consultant and entrepreneur. After leaving Apple, Steve started and cultivated his own business ideas such as NeXT computers, a portion of Lucas [...]. Currently doing an assignment on iPhone and cried profusely because of a mental breakdown. SWOT analysis involves the development of strengths, weaknesses, opportunities and threats that are encountered by a company during normal operations. Key partners of Apple include manufactures, Apple store developers, Cellular services providers, Publishers and Music, television and movie industries. Swot Analysis Of Apple Company. The recent events have significantly affected and disrupted its operations. 9. Companies like Samsung, HTC, and Lenovo are using Android software to create new smartphones. This situation has not changed from 2013 to date as Apple continue to enjoy its competitive advantage in the market. 19 students ordered this very topic and got Heracleous, L., & Papachroni, A. Doing a SWOT Analysis ON APPLE COMPANY 1)6-7 PAGES 2)MUST BE FOLLOW GUIDELINE 3 MUST BE FOLLOW SAMPLE PAPER Need this custom essay written urgently? This report closely examines Apple’s strengths, weaknesses, opportunities, and threats. Apple has a specific business page that offers top quality technology solutions for every corporation’s needs. The company is often criticized because a 30% cut is a significant commission for small businesses or app developers. It is a useful technique to map out the present Strengths (S), Weakness (W), Opportunities (O) & Threats (T) Apple is facing in its current business environment. Careful study is initiated and further research is performed to help understand customer needs and requirements. Coronavirus Outbreak. ... Get a verified writer to help you with SWOT Analysis of Apple Inc. It is therefore upon Apple to recognize its strengths, weaknesses and threats and turn them into opportunities for continued dominance in the market. Apple is already planning to expand its music streaming services to 52 emerging markets in Africa and the Middle East. Apple can generate higher revenue and sales if it focused on creating an expansive distribution network. Apple is yet to launch products that are created using green technology. Technically, SWOT is created by 4 words: S, W, O, T, in which S represents for strengths, W stands for weaknesses, O is opportunities, and T represents for threats, according to Queensland Government, they defined that it is an important tool to identify and analysis the overall company’s strategy. Made my research fun and easy! We will try to find out major Apple’s strengths, weaknesses, opportunities and threats that affect its … But Apple apple swot analysis essay only 24.55 % of its products ordered this very topic and got papers. Job’S NEXT software company to refresh its operating system and exceptional software.... Cried profusely because of a mental breakdown and personal computers media player doesn’t end the description there portfolio to a... With 233 million unit sales writer to help you with SWOT Analysis or Analysis. Learn the exclusive details of Apple is headquartered in Cupertino, California and founded... 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