Since its founding in 1980, Apple Inc. has witnessed tremendous success. In 2015, it became the first U.S publicly traded company to close above $700 billion in market value, making it the most valuable company in the world. Although Apple Inc. was experiencing major success in the technology market, it had inevitable problems to face in the future because the company’s innovation had slowed. The reduction in modernization raised concerns from investors who believed that the demand in Apple’s flagship product would diminish, while rumors about a reduction in the suppliers of Asian components deepened the impact of investor’s skepticism. Thus, Apple’s stock price had dropped nearly 24 percent in 2013. Steve Jobs’ successor, CEO Tim Cook, eased …show more content…
An example would be the store layouts of the Apple Inc. stores; how bright the store is; how simple the store layout is; and how many stores and customer support employees would all be factors in having a great store layout. This strategy relates to the diversification strategy because Apple Inc. would be diversifying themselves by having better customer service, store layouts, and operations (including the simplicity of the assembly plant). This method would reduce costs because it would involve less complex operations, and the workers might achieve six sigma/TQM at a more efficient rate. It may also reduce cost based on the layout of the store. If the store is more simply laid out, then it will be less cost to construct the building. Consequently, a simpler building structure adds to Apple’s motto of a simpler, easy-to-use product, therefore, foot traffic in the stores might increase if consumers can look inside and notice what appeals to them, which may marginally boost sales! A downside to this alternative would be the need for international expansion. Some markets, like in the South Eastern/Asia Pacific market, prefer the cheaper alternative due to economic reasons. Therefore, the Asia Pacific market would buy stock Android phones because the phone is cheaper than the flagship iPhone, and Apple Inc. may risk losing to competitors in these types of markets because they will not gain enough market share to sustain growth. This is a similar situation for Microsoft’s Zune, which was discontinued because Microsoft did not have the market share to compete with the iPod. Furthermore, the process may be costly because expanding into international markets will require regional
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 Inc. headquartered in Cupertino, California was founded in 1976 by three men named Steve Jobs, Steve Wozniak, and Ronald Wayne. Apple Inc. has a strong presence worldwide; the company currently has 478 Apple retail stores in 17 different countries. The company focuses primarily on designing, developing, and selling electronics, computer software, and online services. Some of the hardware products are; iPhone, Mac laptop, the Apple watch, and the iPad tablet. Apple Inc. has become one of the most important American companies due to its innovative skills. According to a Forbes article, “The Boston Consulting Group ranks Apple as the world’s most innovative company. Apple has topped BCG’s list of 50 companies every year since 2005.”(Adams,
Apple has been questioned by the United States Congress and the court of public opinion in regards to its growing horde of cash it keeps outside the United States. Apple insists that it has done nothing wrong and has not broken any laws, foreign or domestic. The cash in question comes from profits of operations outside the United States. Apple has pursued a plan to keep the offshore profits outside of the country in order to avoid the United States 39% corporate tax. The structure of companies Apple has created in Ireland have enabled the company to stockpile profits and pay little to no tax.
Steve Jobs stepped down as the CEO of the company on August 24,2011. He gave Apple a series of successful products like ipod, iphone and ipad. But speculations rose as whether the company will continue to grow at the same pace when Tim Cook joined it. Some said that Apple is losing on innovation on new products or strategies while others criticized Cook on his way of working in the company. But, recent financial statements prove all of them wrong. Apple became the most profitable company in history last week. According to a report by guardian.com the tech giant made $18 billion in just three months by selling 34000 iphones from October to December. Apple now has $178 billion cash in the bank which gives
In today 's era, there are a lot of companies that provide services all around the world that benefit everyone. Some of those companies provide only internet, while others provide that and/or the device used with the internet. One of the most popular companies that exists as of today is the Apple Company. The Apple Company was founded back in 1976 and its main thing was to create and produce computers and other electronics such as music players, cellular phones, and other merchandises. But the company became quite known, and as of today, it sells from just phone cases to televisions.
The main problem that Apple has had so far with its failures was its lack of innovative leadership. Very little growth was made during Jobs’ absence from Apple. It wasn’t until Jobs’ came back with the technology that he created with NeXT and Pixar, that ultimately helped turn Apple around.
... 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 one of the leading brands of technological devices, which is headquartered in California. It invents and sells both hardware and software products. The well-known hardware products include iPhone the smartphone, iPad the tablet, Mac the computer, and iPod the media player; and the famous software includes iOS system, iTunes, Safari, and iCloud. There is no doubt that Apple has been paying loads of effort behind its succeed, and the factors will be investigate below.
Apple Inc.’s Financial Analysis case study will cover the nine-step assessment process to evaluate the company’s future financial health. The nine-step evaluation process will entail the following: 1) Fundamental analysis covers objectives, plan of action, market, competing technology, and governing and operational traits, 2) Fundamental analysis-revenue direction, 3) Investments to support the firm’s entities action plan, 4) Forthcoming profit and competitive accomplishment, 5) Forthcoming external financial requirements, 6) Accessibility to direct at sources of external finance, 7) Sustainability of the 3-5 year plan, 8) Strain examination beneath scenarios of calamity, and 9) Present financial plan (State University, 2013). The fundamental analysis will be explained primarily in the next section.
Created in 1975 by Steve Jobs and Steve Wozniak, Apple is currently one of the most revolutionary and widely known technology companies in the throughout the world. Through their hard work, Steve Jobs and Steve Wozniak built this billon dollar company from a garage in Cupertino, California leading to the invention of the iPhone, iPod, and Mac computer, these of which are used by millions daily. Due to their high success through the release of these innovative products, ushering the way for future of technology, investing in the stock of Apple would be an intelligent investment for myself and other possible investors. As they say, an apple product a day keeps the doctor away.
Case Analysis of Apple Incorporation Executive Summary Apple Computers started the movement into the personal computing arena in 1977 but through changes in management and differences of opinion together with missed opportunities it lost its competitive advantage to companies like Microsoft, Dell, and Gateway. Apple operates in various lines of the computer and music industry today and its operations include not only the designing but also the manufacturing of its computers and software. Apple continues to pursue the personal computer market but not as intently as in the years before. It has opted to change directions a little by venturing into the music world through the marketing of iPod, a digital music player, and iTunes. The opening of 65 new retail outlets, including one in Japan, has precipitated its move into this new world.
Today, Apple keeps coming out on top with their exceptional and award winning items and administrations. Apple is additionally credited with driving the advanced media upheaval with their iPod compact music and feature players and iTunes online media store, making the first supportable music-downloading plan of action ever. (Jakab,
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...
In 1984, Michael Dell invested $1,000 in start-up capital to register his business as Dell Computer Corporation, which was known as PC's Limited. The company becomes the first in the industry to sell directly to end-users by passing the dominant system of using computers resellers to sell mass-produced computers. Dell Computer also pioneers the industry first thirty-day money back guarantee. It became the cornerstone of Dell's commitment to expand its service offerings, superior customer satisfaction, and the industries first on site service program. It also established its first international subsidiary in the United Kingdom, and raised $30 million in its initial public offering.
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.