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how apple became successful
A brief overview of Apple Inc. journey from beginning
A brief overview of Apple Inc. journey from beginning
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1. INTRODUCTION
Apple Inc. is one of the leading companies in the technology industry. In 1976, Steve Jobs and Steve Wozniak founded the company. In 1976, they launch their first product, the Apple I, which was a basic personal computer. The product had good customer acceptance. Then, based in the Apple I, the company developed a new product, the Apple II. The new product had some extra technical features including a stylish design, that made it better that the first one and it was consider an innovative product. This innovative computer had more acceptance by the customers, but mainly in the educational field. In 1990, Apple continued developing new technologies and products that made the company the most profitable PC manufacturer in the world (HILL and JONES, 2008).
Despite of being a successful company, we have also found some internal and external problems that have affected the company. In 1986, the founder and entrepreneurial visionary, Steve Jobs, left the company. After that, other CEOs came and tried to continue with the work of Jobs. However, it was difficult for them to find a CEO that would manage well the company. However, Apple continued having a favorable acceptance and was strongly positioned in the industry maintaining the stylish design on all of its products. In the external assessment, in some cases Apple was influenced by the competition, because the industry was growing and other computer companies were emerging. That is why Apple had to take some measures in order to deal with the competition (HILL and JONES, 2008).
In 1998, Steve Jobs returned to the company and fixed some of the things that were causing trouble. He helped to change the image of the company and brought new ideas and concepts and that...
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...ision states:
“Apple is committed to bringing the best personal computing experience to students, educators, creative professionals and consumers around the world through its innovative hardware, software and Internet offerings (Retail industry, 2013)
b. Values
As the mission and vision, the values of Apple are not clearly described; however, in their official webpage establish corporative values concerning workers that refer to the company’s values. Apple values are:
• We want to leave the world better than we found it
• We have a big responsibility to leave a smaller footprint
• Harmful toxins don’t belong in our products or our processes
• We use our planet’s resources responsibly and recycle them responsibly, too (Apple, 2014a)
Additionally, Apple manage supplier responsibility values concerning equality, education, fairly treat and health. (Apple, 2014b)
Apple Computer Inc designs, manufactures, and markets personal computers and related personal computing and communication solutions. The return of Steve Jobs, the companies founder, as CEO has pulled the company’s stock price up 775-percent through his launch of innovative products such as the iMac computer line. On January 5, 2000, Jobs announced that he was dropping interim from his CEO title and taking the job full-time. With this news and Apple’s new products such as the iBook, a portable pc and Quick TV, an internet television access feature, Apple Computer is headed for success and is sure to increase their share in the computer market.
Apple (from an interview with CEO Tim Cook): “We believe that we are on the face of the earth to make great products and that’s not changing. We are constantly focusing on innovating. We believe in the simple not the complex. We believe that we need to own and control the primary technologies behind the products that we make, and participate only in markets where we can make a significant contribution. We believe in saying no to thousands of projects, so that we can really focus on the few that are truly important and meaningful to us. We believe in deep collaboration and cross-pollination of our groups, which allow us to innovate in a way that others cannot. And frankly, we don’t settle for anything less than excellence in every group in the company, and we have the self-honesty to admit when we’re wrong and the courage to change. And I think regardless of who is in what job those values are so embedded in this company that Apple will do extremely well.”
Another problem that has been evaluated is the overall price of each Apple product. While each product is built on quality and new technology, finding new and cheaper sources of manufacturing would be beneficial in obtaining new
... how we use technologies to make our lives easier and invented electronic devices with user friendliness in mind. Without Steve Job at the helm, the success of Apple is in question, but with the right prototypes, engineers, programmers, and designers, the success of the company will continue to thrive. Apple has been successful in its attempt in gaining trust and loyalty through its brand, and has generated revenue in the billions, and is one of the top successful companies in Forbes Magazine.
Apple is truly a unique entity, both in what it accomplishes and in how it is organized.During the course of the Macintosh Revolution, Steve Jobs was forced out of Apple. It is no surprise that the Macintosh revolution started to fail rapidly with his departure, despite some attempts during his absence to alter the business model. With Steve Jobs back in the campany, and Mac OS X released, Apple's future is very bright.
Apple is the world's second-largest information technology company by revenue and the world's third-largest mobile phone maker. “Fortune” magazine named Apple the most admired company in the United States in 2008, and in the world from 2008 to 2012.
According to Apple, Inc. website places its ethical and social responsibility on its suppliers which comprise of
In the late 1990s, with the release of Windows, Apple was placed on the right track. Apple released its’ 20th Anniversary Macintosh in 1997 which marked the beginning of Apple’s return (Crofford, 2011). The next year, Apple released the IMac, which was a highly received by the public. Apple reported over $80 billion in cash on its’ last Form 10-K filing with the Securities and Exchange Commission (Emerson, 2011). Today Apple produces several different products including IPhone...
...nd using them. At present times, without Steve Jobs, the world is watching Apple and its development. Therefore Apple is under pressure and needs to develop a strategy to continue Apple’s success. After Jobs’ leave, the company should focus on building up further expert teams and not just concentrating on senior management positions. Therefore the missing of Steve Jobs overall view could be compensated. Further Apple should concentrate on exactly those things they are good in it; Innovation. They should focus on developing new products and not only on value adding of already existing products like they did with the iPad generations. Further they should think about increasing strategic alliances with other firms. This could improve the compatibility with firm external software and devices and therefore stabilizing the firms’ competitive advantage.
For the purpose of achieving this, it has set out strict policies and procedures that ensures that all the companies that it has business with should provide the safest working conditions for its workers, should treat the workers products which are fairly and that they are supposed to use the environmentally responsible manufacturing processes, as long as it is an area where Apple products are being made (O 'Grady, 2008). The organization’s mission is to produce very high quality goods, at significantly low
Apple’s SWOT analysis includes strengths that adhere to its great success; such strength is Apple’s marketing and advertising campaigns. Apple incorporates its products to portray a sleek, new, cool, the latest, and must-have technology image to its consumers. Our customer loyalty allows us to continue growing as a corporation and increases our already well-established brand awareness and reputation. Our strong financial performance is an outcome of our internal strengths highlighted. Apple’s weaknesses include, but are not limited to our patent infringements, defects that occur in our products, our declining market share, as well as our incompatibility with other os devices. Realizing our weaknesses allows us to develop goals that will correct these areas we currently need work on. The opportunities of our external environment; such as the ...
There are many role models in the world. They may be individuals or an oranization but their success is inspiring for others and we try to find out the reasons for such a brilliant succes. This is the case with Apple as well tat has enjoyed this status since 1981.
Apple Inc is functional departmentalisation. There are 15 departments responsible for specific tasks. These departments are finance, legal, software engineering, marketing, retail and online stores, hardware engineering, industrial design and human interface, internet so...
Apple has made reasonable management of its human and material resources since its innovational approach demands effective strategic allocation of its resources to the development and utilization of its productive resources to support its innovative investment strategies. Effective strategic control brings power to Apple’s decision-makers to allocate its resources to confront the technological, market, and competitive uncertainties which are inherent in the innovation
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...