Apple is a well-known company when it comes to technology. Apple products are extremely desirable despite their outrageous prices. Apple technology is so preferable because these products were created by everyday people who knew exactly what consumers wanted. Apple was founded in 1976 by two college drop outs, Steven Jobs and Steven Wozniak. Both Jobs and Wozniak were often viewed as outcasts. They were friends in high school and were both fascinated with electronics. Wozniak had been attracted to computer-design and created what became the Apple I. This first Apple computer was designed to be user friendly. Jobs convinced Wozniak that they should market and sell the machine to the individual consumer and not corporate clients. The Apple Computer was born on April 1, 1976. Analysts doubted that the Apple I would be successful. However, in 1977, the Apple computer began to soar in sales (“Company History”).
In 1977, the Apple II debuted at a local computer trade show. This was the first personal computer to come in a plastic case and include color graphics. Prior to this creation, people were stuck to the bland creations of IBM desktop computers. IBM was one of Apple’s major competitors. The Apple II was an impressive machine and intrigued many consumers despite the price. After its introduction, orders for Apple machines multiplied (“Company History”).
In 1978, Apple created another favorable product, the Apple Disk II. The Apple Disk II was the most inexpensive, easy to use floppy drive ever. This further increased Apple’s sales. As sales elevated, an increase in company size was required. By 1980, when the Apple III was released, Apple had thousands of employees. Apple began selling computers abroad. ...
... middle of paper ...
...er ‘Toxic’ iPhones”, there are claims that, “a consumer watchdog group is considering a lawsuit against Apple, after the release of a Greenpeace report that alleges the company’s iPhone contains toxic chemicals” (Phillips). This negative publicity and investigation could give the power to authorities to interfere with the costs of labor and machinery. As a result, there could be a shift in the supply that would have short and long term consequences. Apple will face a decline in its profit if the costs of production increase, which will cause a shift to the left in the supply curve. The company will always experience a shift in the supply curve when a price change occurs for both raw materials and production (“Apple, Inc.: Company Supply, Demand and Financial Status”).
The ability and willingness of buyers to purchase goods and services is the definition of demand.
Need Writing Help?
Get feedback on grammar, clarity, concision and logic instantly.Check your paper »
- Steve Jobs was a visionary, as well as a key representative. He settled on basic choices to drop coming up short items, make the Apple OS open to programming suppliers, and update a more productive assembling system. Eventually, these activities prompted higher peripheral benefit for every item. By restoring Apple 's organization society, gaining the right sort of human capital, and settling on vital business choices to lessen costs, Steve Jobs developed Apple Inc. into the organization numerous individuals know and adore today.... [tags: Marketing, Apple Inc., Steve Jobs, IPhone]
1211 words (3.5 pages)
- Apple Inc. is an American multinational enterprise headquartered in Cupertino, California, that outlines, creates, and offers purchaser hardware, machine programming and Pcs. Steven Wozniak and Steven Jobs had been companions in secondary school. They had both been intrigued by gadgets, and both had been discerned as outcasts. They stayed in contact after graduation, and both wound up dropping out of school and landing positions working for organizations in Silicon Valley. (Woz for Hewlett-Packard, Jobs for Atari)(Company History) Another workstation club that might be vital to the production of Apple began with simply a manually written notice on notice sheets at a few neighborhood colleges... [tags: Steven Wozniak and Steven Jobs]
909 words (2.6 pages)
- Cupertino, California is home to a revolutionizing brand in the tech industry. Founded in 1976, Apple Inc. is the brainchild of innovative entrepreneurs. With the introduction of the iPod in late 2001, Apple has inched closer to dominating the mobile entertainment market. Rather than focusing on the production of personal laptops and desktops, Apple has branched out to handheld devices, a decision which has allowed the firm to successfully establish itself as a mighty contender in the cellular industry.... [tags: Iphones, Leaks, Handheld Devices]
553 words (1.6 pages)
- While being a leader in consumer electronics innovation, Apple has reliably produced proprietary hardware and software, which has provided the company with a competitive advantage in gaining a share of any market into which they have ventured. The company’s creator, Steve Jobs, helped to transform the ways in which the the company has been extremely successful in the field of multimedia with his creative product innovations. With the globalization of Apple, the company has received tremendous amounts of success as well.... [tags: Apple Inc., Steve Jobs, Marketing, Apple I]
1453 words (4.2 pages)
- Our generation is greatly influenced by the rapid growth of the use of technology in our everyday lives. Apple Inc. is one of the companies considered frontrunners in the development of technological advances, especially in the area of computers and operating systems for devices ranging from laptops, personal computers, and mobile devices. With new devices created by Apple Inc. the necessity for stable and powerful operating systems have become a requirement. Known for its constant updates and upgrades of OS’s, Apple Inc.... [tags: Apple Inc., Operating system, Mac OS X, Steve Jobs]
986 words (2.8 pages)
- Apple inc. Introduction Apple Incorporation is an American Multinational Corporation that designs and markets consumer electronics, computer software and personal computers. Apple Incorporation’s world corporate had quarters are located in the middle of Silicon Valley, at 1 Infinite Loop, Cupertino, California. The History of Apple Incorporation Since 1976 until 1980 were the early years of Apple Incorporation. Steve Jobs, Steve Wozniak and Ronald Wayne are founder of Apple Inc. But, just three month after its inception Wayne sold his share.... [tags: business analysis and history]
1685 words (4.8 pages)
- Apple computer, Inc. is one of the largest tech companies in the world. The company was established on April 1, 1976, and incorporated on January 3, 1977. Apple computer had been using this name for the first 30 years then removed the word “computer” on January 9, 2007. Apple has produced a lot of innovative products and has successfully become one of the top leaders in the field of technology. Apple itself produces hardware which includes Macintosh computers, iPods, iPhones and iPads. In order to support their own hardware, Apple has also created software including Mac OS X operating system, iOS mobile operating system, iTunes, a professional photography package, a suite of professional au... [tags: Technology, Inventions, History]
2096 words (6 pages)
- Apple brand audit 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).... [tags: Apple Inc., IPhone, Steve Jobs, Personal computer]
3224 words (9.2 pages)
- Apple: An Introduction Apple Incorporation is one of the largest organizations dealing into Information Technology. Apple has a host of products ranging from Laptops, Desktops, Mobile Phones and Multimedia Devices. The company has been extremely innovative in the field of multimedia and it owes it success to one of the greatest innovators, Steve Jobs. The company has always believed in innovation and that is the major reason why it has been so successful in the mobile phone segment. In recent years Apple is second only to Samsung in the Global Mobile Phone industry.... [tags: information technology, history]
2375 words (6.8 pages)
- Apple Inc. I am going to start off by going into a little bit of history about apple and how it has grown over the past 10 years or so, I am also going to talk about some new products from Apple such as Apple TV and the iphone, as well as the name change, and the new direction they have chosen to take with their marketing and what it has helped them accomplish over the past couple of years. Apple Inc. has come a long way from what it used to be. The computer market has always been a PC based system being mainly pushed by the Microsoft software platform.... [tags: Macintosh Apple Business Analysis Strategy]
1184 words (3.4 pages)