Bijay P Shrestha
EE 4302
Dr. Robert Magnusson
20 September 2012
Apple
A company whose birth was at the cluttered garage of one of the two founders now has become one of the historically successful companies with more than 360 stores around the world, 60,000 plus employees, and market capitalization of more than $619 billion, more than world’s second biggest oil company: Exxon Mobil, in last thirty years (Worstall, Tim). The small initiative startup company at the Silicon Valley who has kissed this level of success is taken by surprise. This successful and innovative company is none other than ‘Apple’ that has won the heart of many and like by millions worldwide. The level of success of this company is no surprise if you are a user of one of
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Similar to this, Apple that stood up at the top against all other high-tech companies fell hard down to Earth. While Apple was making its dream computers, Bill Gates and his crew from IBM were constantly challenging and building high-tech computers with more functions and facilities in their computers than in Apple PC. The two big names, Steve Jobs and Bill Gates, had same dream but different ways to get to their dream. Steve Job had overlooked other functions like database by indulging himself more to GUI. The Lisa was introduced in 1983, which became a big flop compared to much cheaper IBM PC with MS_DOS, floppy drive, database and more.
In 1985, the board members of Apple Inc stripped Steve Jobs from all his duties making him responsible for being unable to bridge the gap between Apple and IBM/Microsoft. Steve Jobs resigned from Apple. Aftermath, Apple stock dropped and it lost millions of dollars. IBM on the other hand became more successful day after day as Apple languished in competition failure after failure.
When the board decision to take away Jobs did not work well, they brought him back. Fig [1]. Colby, Nelson (‘Apple Inc.’)
Today, Apple has once again proved its ability to produce best product in the world market and holds its market cap at $658.15 billion.
Fig 2. Google Inc The following are the key factors of Apple’s
Steve Jobs and his friend Wozniak started to create their very first computer, and it came out a lot better than what they thought it was going to be. With very little education, the first computer that came out was extraordinary. “It was the first single-board computer with built-in circuitry allowing for direct video interface, along with a central ROM, which allowed it to load programs from an external source” (“Steve P. Jobs”). Without the education that most people get, for someone who dropped out of college, Jobs created such a powerful computer without the knowledge that most people have. Jobs computer that he created along with his friend was so astonishing a second computer came out. “A year later, the Apple II was launched with a simple, compact design like the Apple I, plus a color monitor” (“Steve Paul Jobs”). The first computer that Jobs created was excellent enough to create a second one, which was also a superior computer. Even though Jobs dropped out of college, he was still intelligent enough to create one of the biggest companies in the world. Apple incorporations was going strong until one day the company decided to let Steve Jobs go,...
In 1976 the Apple Computer came to be a company. Steve Jobs and Steve Wozniak worked exceedingly hard on their new ideas to become reality. These two intellectual men dropped out of college, and were often judged for doing so. What a big risk they took to leave their education in hopes of an idea which may or may not be a big hit. Apple officially started in their basement, rather than at a professional business store. When these tw...
As noted above, Steve Jobs was the co-founder of Apple. Shockingly, he was fired from his own company. His idea of introducing the second-generation Mac, the Macintosh Office didn’t get much appreciation. That product was launched in 1985, and
Steve Jobs and Steven Wozniak had been friends since high school, and they both were very interested in electronics. After they both dropped of school, both of them end up in a profession related to electronics. Jobs got a job at Atari, and Wozniak at HP. Wozniak had been the initial designer for the very first Apple computer. Jobs had an eye for the future and convinced Wozniak that they should sell the computer. Soon enough on April 1, 1976, Apple had begun. In the beginning people did not take Apple very seriously. In 1977 however Apple introduced the Apple II, that when the company took off. The introduction of the Apple II opened doors for the company. It was the first computer with a hard plastic outer shell, it also was the first computer that had color graphics. The Apple II was basically the start of the company. Another thing that boosted the company in 1978 was the Apple Disk II, which was just an easy, inexpensive floppy drive. With all the sales rising, the companies numbers began to rise as well. In 1980 Apple had a few thousand employees. 1980 was also the year Apple released its latest computer the Apple III. It was in 1979 when Jobs and a few engineers began working on ...
Within the last decade Apple has become one of the largest growing companies in the world and the largest valued company in the United States. According to a recent article in The Guardian, a global financial news website, “Apple set a record by becoming the first company to be valued at over $700bn (£446bn).” (Fletcher, N. 2014) This comes as no surprise to the average computer aficionado and shareholder as Apple has been making a name for itself since its inception. From its earliest Macintosh models to today’s iPhones, Apple has been a trailblazer for software, technology and revolutionizing the way we communicate on a Macro level. Their dedication to innovation, quality and service has made them
Heralded as both a genius and a mad man, Steve Jobs, the eclectic co-founder of apple, along with the technological expertise of co-founder Steve Wozniak, staked their claim to fame by introducing the Apple computer into the marketplace. Through a number of market changes, as well as Jobs being involuntarily removed from Apple in 1985 only to return in 1997, Apple diversified from the traditional computer and began to develop consumer technological items such as the iPod and iPad (Sanford, 2015). Apples strategy worked, and as of 2015, Apple had a market capitalization of over $700 billion, more than its key competitors of Google and Microsoft combined (Reed,
Sir Steve Jobs, the almighty co-founder of Apple started apple dreaming big. The Harvard College dropout carried through with that dream. According to Leander Kahney, author of “Inside Steve’s Brain,” “apple went public 1980 with the biggest public offering since 1958” (2008), this offer proved successful as apple soon became a super power. Apple suffered a fall out though, but Steve Jobs came back and rescued them, reviving them to their previous stature.
is yet to reach its maximum potential. Truly a unique entity in its accomplishments and organization, apple through the conviction and leadership of Steve Jobs its founder and then CEO; have pioneered the revolution of mobile technology. When it comes to strength, apple Inc, has a great marketing team with great marketing and advertisement capabilities, strong brand awareness, a strong and extensive distribution channel, and most of all a vertical integration and the most obvious which is customer loyalty. With the acquisition of valuable companies such as Beats, WhatsApp, mobile payment systems with the IPhone 6, wearable gadgets like the IWatch, apple uses these opportunities to satisfy its loyal
Apple is “the world’s most colorful company,” Linzmayer, Owen . Apple Confidential 2.0. 1st. San Francisco, CA: No Starch Press, 2004. When looking at its meager beginnings Apple’s influence on the media could only be described as unique. Their product, style, and overall beliefs make the Apple Corporation a multi-billion dollar company with a general appeal for all ages. It is getting harder and harder to be an individual, so with Apple you can “rise above the norm” and be unique. Recently, this unique corporation has taken the media by storm, with their new line of products. Right along side these new products are a full line of new commercials to go along with them. These new commercials spawned from years of creative marketing done on Apple’s part. Studying the history of Apple is necessary to understanding their influence upon us today.
Administrators advised Jobs to skip ahead to high school when they got his test scores back, but Jobs’ parents refused (“Steve Jobs”). Once he made it to high school, Jobs asked the President of Hewlett-Packard if he could use some parts for a project he was working on. Hewlett, so impressed with Jobs, gave the young boy more than just project parts; he offered the teenaager a summer internship with his company. It was during this summer that Jobs met a young engineer just five years older than him, this engineer was Steve Wozniak (“An Extraordinary Career”). In 1976 at the age of 21, Jobs and Wozniak created the Apple Computer. The two began in the Jobs family garage, earning their start-up money by Wozniak selling his cherished scientific calculator and Jobs selling his Volkswagen bus (“Steve Jobs”). In 1977, Jobs and Wozniak introduced Apple II: the first personal computer with a keyboard and colored graphics (“An Extraordinary
In December 1996, Apple bought Next Inc for $400 million dollars. After Apple buying Next Inc Apple was generating big losses due to competing companies using the Intel chips and Microsoft software. Just after eight months after Apple bought Steve Jobs company Next Inc Apple appointed him as interim CEO and permanent CEO by January 2000. Soon after Steve Jobs was appointed CEO Apple introduced the IMac in 1998. The IMac was a success and sold over 1.8 million units in the 1999 fiscal year. In 2001 that's when business was going to really start to take off for Steve Jobs, when the ipod was introduced, following the iPod Nano, the video iPod in 2005 and the iPod touch in 2008. In 2007, the iPhone was introduced which sold over 11.6 million iPhones in the 2008 fiscal year. IPhones accounted for 43% of net sales in the 2011 fiscal year. Steve Jobs then introduced the iPad in 2010 and Apple has been revolutionizing the wa...
It was Steve Jobs who made Apple leave the garage and make leaps and bounds in the world of technology. Steve Wozniak made the first prototype, but it was Jobs who “saw the potential” in his computer and persuaded Wozniak to sell it (Peterson 106). Even though that first computer saw very little success, Jobs knew that Apple had potential and so released the Apple II. From the beginning Jobs knew what the consumers wanted, and where computers were going to take the world; he had a vision of the opportunities in technology and saw that Apple needed to move in a different direction. In 1984, one year before he left, Jobs finished the Macintosh computer system. He was pushed from his original computer design project, “the Lisa”, and then raced to release the Mac first, but the Lisa was released to the public first. Although the Lisa came out first, the Mac “[became] synonymous with Apple, mark[ing] a…revolution in…personal computing,” (Peterson 106).
The Apple II earned the company handsome revenue until the mid 1980s though the hardware remained largely the same. Later Apple attempted Apple III and the Apple Lisa which failed.
Apple Inc. was established by Steve Jobs and Steve Wozniak on April 1, 1976 as a computer designer, developer and seller company. However, the company shifted its focus from only personal computer to include other consumer electronics such as portable media player and mobile phone in 2007. Apple Inc becomes one of the most popular makers in its field since it seems that its popularity has increased according to a report on www.statista.com that Apple Inc’s products sales was generally increasing throughout the first quarter of 2006 to the first quarter of 2014. On the one hand, it has increased its revenue from about 14 billion US dollars to more than 170 billion US dollars in 2013. All in all, the company is highly successful corresponding to its products’ development and their sales growth in world’s market.
In 1976, Steve Jobs founded Apple Computer with his friend Wozniak in the garage of Job’s parents. In 1984, Jobs introduced the Macintosh to the world. It was a very innovative and good product but sales were not strong. Apple’s board wanted to Jobs to step down from his position. In 1985, Steve Jobs founded NeXT Inc. Steve was able to create technologically advanced product but the cost was too high to be successful. Company made first profit after 10 years of operation. In 1997, NeXT Inc was acquired by Apple Inc. In 1986, Jobs bought The Graphics Group. In 1995, the first film, Toy Story, came out. It was a big success and Pixar became one of the biggest animations producing company in the market. Jobs had opportunity to return to Apple, after Apple decided to purchase NeXT Inc. After Jobs returned to Apple, He started to invent new product. iMac was introduced to market and Jobs became permanent CEO of Apple. Apple started to expand their expertise under Jobs guidance. Apple started to introduce digital appliances like iPod, portable music player. In 2007, Apple introduced the iPhone, the very first multi-touch display cellphone. iPod and iPhone completely changed world. These inventions were not only a better product but also new way...