Their efforts and perseverance towards renovating the common computer paid off, as they now own a multi-billion dollar corporation. Apple Inc. is still working hard to develop and design the latest breakthrough consumer technologies and electronics, and it all stems f... ... middle of paper ... .... has proved as worthy competition for other consumer-electronic producers in the economy. Its stock, at $524.94 a share, has also proved as competition in the stock market. The stock first increased greatly in December of 2007. It dropped in December of 2008, but then took a steady climb up to $667.10 a share in September of 2012.
Retrieved on May 24, 2011, from http://money.cnn.com/magazines/fortune500/2011/snapshots/2773.html Woyke, E. (2011). How Many Verizon iPhones Add Up To A Successful Lanch? Retrieved on May 26, 2011, from http://blogs.forbes.com/elizabethwoyke/2011/02/02/how-many- verizon-iphones-add-up-to-a-successful-launch/
As a result, Apple Company is one of the best technology companies and had left a brand and benchmark of it in the mind of consumers and its rival company. A good description from Wikipedia describes Apple: "For reasons varying from its philosophy of comprehensive aesthetic design to its distinctive advertising campaigns, Apple has established a unique reputation in the consumer electronics industry." Apple has a unique quality that is its consumers; people are mad for iPhone and products of Apple. With a great success, Apple has revenue of over $60 billion per annum. Apple Company is one of the biggest companies in the world and the most valuable technology company having access to Microsoft.
Apple Inc. is multinational household brand synonymous with the terms electronics, software, and personal computers. They are most commonly known for their production of innovative products such as the iPhone, iPods, MacBook, and iPad tablets. Apple’s brand has fast grown into a trend, a lifestyle even, positioning it to be the worlds leading producer of electronics and technology. Founded in 1976, the company has since superseded its competitors, changing the culture of business. Since Apple’s release of the IPhone in 2007, it continuously proves to leads the industry in technology and style.
Apple has made radical financial advances over the past few years, which can be easily illustrated through this analysis. The company recorded a 35.3% increase in revenues over 2007 reaching $32.479 billion with a net profit of $4.834 billion equating to a 38.3% increase over 2007. With these increasing numbers year after year, Apple has blown away the industry averages while becoming a true contender in the fight against Microsoft, IBM, Dell and Hewlett-Packard (Apple, Inc., 2012). In choosing a company for the analysis the decision was clear because of the apparent strength of Apple as a company and the success that they are realizing during these tough economic times. Customers are still looking to buy Apple products like MacBook and iPhones even though times are tough; there is still the strong desire to get the latest and greatest technology no matter the cost.
Can Google Unite a Fragmented Smart-TV Market?. Retrieved May 10, 2014, from http://www.fool.com/investing/general/2014/01/02/can-google-unite-a-fragmented-smart-tv-market.aspx Rothaermel, F. T. (2013). Corporate Strategy: Vertical Integration and Diversification. Strategic management: concepts and cases (p. 211). Upper Saddle River, N.J.: Pearson Prentice Hall.
When we look at the pros and cons of both major companies, you find that both have good things to offer, but one company stands above all of the rest. According to the title of a Time magazine article, they say that, "The Smartphone. . .Wars Are Over, and Apple Won" (Harry McCracken). Apple is one of the fastest growing companies in the world.
It continues to invest in marketing that identifies potential and current customers and communities (Ramball). Apple has demonstrated how to create real, breathtaking growth by dreaming up products so new and ingenious that they have upended one industry after another: consumer electronics, record industry, movie industry, and video and music production. In the process, the company that ranks as the new No. 1 among America 's Most Admired Companies has become a roaring financial success. In the past
Introduction Apple is one of the oracular companies of Silicon Valley that rose up as the icon of personal computing and in the recent years has seen tremendous success since the return of Steven P. Jobs who opened it up for horizons far beyond the desktop. With its kind of following, the company can be deemed to have cast something similar to a spell on both investors and consumers alike through its coveted gadgets. In the music and smart-phone industries the iPod and iPhone have been major forces. The computer software giant, Microsoft, was passed in stock value by Apple in May 2010 making it the most valuable technological company in the world. With the change of guard by Mr. Jobs, Apple’s business history witnessed an amazing turnaround for the previously almost dismissed for dead.
Performing SWOT Analysis on Apple Andreia Fields Grantham University To be successful in any company you have a series of steps that you’ll need to perform to see if the product or service you offer is viable in today’s market . A SWOT analysis is used to determine the strengths, weaknesses, opportunities and threats that a company would face . In this paper the focus will be a SWOT analysis of one of the biggest and most successful companies of our time, Apple Inc. Apple is a billion dollar company and is thus far Apple is one of the most well known companies. Why is that ? Apple has done some of the most brilliant marketing campaigns.