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
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.
In 1984 Jobs would introduce the Macintosh at the company 's annual shareholders meeting. They launched the Macintosh and for the first few months it was successful. A year later sales was dropping and Jobs was in denial and would continue to behave as if he had saved Apple. Steve Jobs and John Sculley was not talking to one another.
The company went public in 1980 by offering 4.6 million shares at $22/per share. The shares sold out almost immediately and generated more capital than any IPO since Ford Motor Company in 1956. Apple is considered the world’s largest information technology company by revenue. In February of 2015, Apple was the first U.S. corporation to be valued at over $700 billion. During the years of 1985-1996, Apple suffered with low revenue and also low share interest. After Steve Jobs came back on the job as CEO, Apple jumped back by introducing key Apple products which in the long run made Apple what it used to be, the number one company to sell new and improved technology. Apple’s stock has had four different stock splits, but the stock has gone up close to 30,000%! It is definitely a stock that is volatile to the global news and market but in the long run it is also a stock that is good for the portfolio because of its
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
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,...
2: Finkle, Todd A., and Michael L. Mallin. "Steve Jobs and Apple, Inc." Journal of the International Academy for Case Studies 16.8 (2010): 49+. General OneFile. Web. 19 Oct. 2011.
In fact, about this business one can easily write a few weighty books. Without exaggeration, we can say that Apple is one of the brightest technology companies that appeared in the 70s of the last century. Due to innovative technology and aesthetic design, Apple Inc. has established a unique reputation comparable to the cult in the consumer electronics industry. In 2014 the company was ranked first in the world by market capitalization. The concept of the brand is built around the slogan 'Think different’ (Linzmayer, 2004).
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.
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
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...
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.
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 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.
The Apple brand name is a household name, the brand value of Apple, Inc. improved to $13,724 million in 2008 from $11,037 million in 2007 (Datamonitor PLC, 2009). Apple is different from its competitors because it produces high quality products, its products are also unique and attractive and this has helped to increase its market shares. Since Apple is known globally, 54% profits come from foreign markets (Datamonitor PLC, 2009). Apple products are easy to use and carry around, majority of its products are light, small and very easy to carry around and it has a major advantage of product diversity, there is something for every one of all ages.
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...