Apple has become a leader in the consumer electronics industry with the products they produce like computers, portable media players, smart phones, and software. As a competitor in an oligopoly market they have fewer businesses to take into consideration, which the competition is based on which product is evaluated. For example, the computer-based side of the company competes with companies like Microsoft and Hewlett Packard. When it comes to smart phones, their biggest competitors are Samsung and HTC. Luckily, for Apple, there is not a lot of new companies entering the market because their business is so technologically advanced which sets barriers to entry high.
Mergers and Acquisitions
Apple has set high standards for competitors to follow with their technological advancements. Many of their advancements are credited to mergers and acquisitions. Throughout the years Apple has acquired several companies with most of them being software companies; although apple has not released the financial details for most of their mergers and acquisitions ("AAPL Investors", 2013). Most future interests of Apple are only rumored because they manage to keep new innovating ideas quiet until they are ready to release a new product or service. The current rumor is the possible merger w...
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...r its consumers.
AAPL Investors. (2013). Retrieved from http://aaplinvestors.net/stats/acquisitions/
Alden, W. (2014). Dealbook. Retrieved from http://dealbook.nytimes.com/2014/05/09/for-apple-a-beats-deal-would-top-the-charts/
Colander, D.C. (2010). Economics (8th ed.). Retrieved from The University of Phoenix eBook Collection database.
Duhigg, C.; Bradsher, K. (2012, January 24) How the U.S. Lost Out on iPhone Work
Retrieved from: http://www.nytimes.com/2012/01/22/business/apple-america-and-a-squeezed-middle-class.html
Levin, C., & McCain, J. (2013, May 21). Offshore profit shifting and the U.S. tax code - part 2 (Apple Inc.). Retrieved from www.levin.senate.gov/.../exhibit1a_profitshiftingmemo_apple
University of New Mexico. (2011). Apple Inc.’s ethical success and challenges. Retrieved from http://danielsethics.mgt.unm.edu/pdf/Apple%20Case.pdf
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