Industry Analysis ( Sn ) Essay

Industry Analysis ( Sn ) Essay

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Industry Analysis (SN)

According to Apple’s website, its current mission statement says "Apple designs Macs, the best personal computers in the world, along with OS X, iLife, iWork and professional software. Apple (Primary SIC Code 3571) leads the digital music revolution with its iPods and iTunes online store. Apple has reinvented the mobile phone with its revolutionary iPhone and App store, and is defining the future of mobile media and computing devices with iPad." Which simply states that they are here to stay and they are leading the way in this industry.
The cell phone industry is among those that experienced the fastest growths in the communication industry. The personal headset (phone) industry is always booming and has been since the introduction of the iPhone on June 29, 2007. With the help of the internet the cellular phone industry is one of the strongest investment opportunities to take advantage of. Its occurrence in usage increased exponentially from 24 million at its early stages to a staggering 182 million. That figure, 182 million, just accounts for wireless phone devices in the U.S. There is another 162 million, which accounts for all mobile phone users in the U.S. These figures are JUST for the U.S. population.
The ever changing aspect of the modernizations and countless emerging innovations have resulted in vast improvements in cell phone technology. We are living in a world where everybody wants to keep up with the latest, most advanced gadgets and new technology. As a result of this, the cell phone industry just keeps on growing since this gadget has become an indispensable everyday tool for every Joe and Jane in the world. Many of us will return home in the morning if it is forgotten on the kitchen table...

... middle of paper ...

... just 3.6 billion. Both net profit and sales rose also increased from the same period last year, rising from 3.7 billion on sales of 41.7 billion in 2014 's Q3, to $4.8 billion on sales of $45.6 billion.
The global cell phone industry is expected to continue its growth momentum of 2006-2011 and reach an estimated $334.8 billion in 2017. The cell phone industry is among those that experienced the fastest growths in the communication industry. The cell phone industry is highly concentrated. The competitive nature of the industry has changed significantly during the last five years. The cell phone industry is one of the fastest-moving industries in the world. The market is growing rapidly with ever-emerging technologies and innovation. The industry is highly concentrated, consisting of smartphone and feature phone segments. This industry has a very bright future ahead.

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