60 class-action lawsuits have been filed against Apple. Key partners of Apple include manufactures, Apple store developers, Cellular services providers, Publishers and Music, television and movie industries. Apple SWOT Analysis Conducting a SWOT analysis (also know as SWOT matrix) helps to evaluate company’s strengths, weaknesses, opportunities and threats. Their customer retention rate of 92% is phenomenal. Sustainability made Possible through Liam. Apple is ranked # 1 for the 7th consecutive year by Interbrand – with a brand value of $234 billion. The company should focus on extending its AI portfolio to have a strong foothold in the future. When Apple’s CEO at the […] Despite the clarification, consumers felt betrayed because they that Apple does not believe in transparency. Collaborations have helped the company’s online services perform much better and gone are the days of disastrous launch of Apple products, such as the Apple maps. Apple was founded by two college dropouts Steve Jobs and Steve Wozniak in April of 1976. Heracleous, L., & Papachroni, A. These threats should be reduce in order to improve company’s financial performance. Apple is already planning to expand its, Apple has the opportunity to focus on delivering, Apple is highly dependent on China for its manufacturing and supply chain. He also downplayed Warren Buffet’s advice on giving investors a return on their capital. SWOT Analysis: Strengths: Apple has a very unique strength which is the fact that they have created their own software and hardware, which gives them a very competitive edge in comparison to its competitors; they give their customers this feeling of exclusivity as their software is only compatible with their products, with little to none other brands being able to access their software … Smart wearable technology will soon dominate the world. It’s probably one of the most difficult A.I. Made my research fun and easy! The company has been providing robust technology products and exceptional software services. IESE Insight, (29), 5-5. doi: 10.15581/002.opi-3714, Thao, T., & Tsanthaiwo, S. (2017). Apple, Inc. is one of the most successful companies in the world. In a recent webcast, Mark Zuckerberg, Facebook’s CEO, criticized Apple for its monopoly on App Store and hefty charges. , smart wearable technology device sales will double by 2022. Careful study is initiated and further research is performed to help understand, Apple has been expanding its services portfolio for many years. Working at home or in the office, everyone has different laptops with different designs, unlike the stupid [...], Apple, a multinational technology company, which is worth more than $1 trillion dollars today; wasn’t always this successful. Apple has been dominating the technology sector for years now. In addition, about. Apple can always rely on the power of the internet for future opportunities to gain new customers and form new alliances. Apple Inc. has the opportunity to expand its distribution network. Apple SWOT analysis or SWOT analysis of Apple provides an insight into the strategic actions undertaken by the company to optimize its growth based on the strength and opportunities. Companies like Samsung, HTC, and Lenovo are using Android software to create new smartphones. Currently doing an assignment on iPhone and cried profusely because of a mental breakdown. There are many other parties, such as competitors, customers, shareholders and others interested in the SWOT analysis of a company (Coman & Ronen, 2009). Currently, the distribution network that Apple has is very limited and leaves room for minimal growth. According to Chuck Williams (2018) In the late 1980’s, Apple lost billions after firing their CEO, Steve Jobs. It is a useful technique to map out the present Strengths (S), Weakness (W), Opportunities (O) & Threats (T) Apple is facing in its current business environment. Hire writing expert and save your time! Glad you liked the analysis. big news can result in negative reviews and bad publicity for the company. Product Description Recently, Apple unveiled its newest innovative product – The Ipod touch is a state of the art widescreen media player, It shares the similar multitouch screen to that of the Iphone. An Apple Car on the Horizon. In the year 2017, Apple acquired Regaind, a French AI startup and DeskConnect, an AI tool. penetration by other brands in the smartphone market. The products are priced for middle and high-income consumers. Collusion between the two giants makes it, Apple is yet to launch products that are created using green technology. So, with the SWOT analysis of Apple, we can analyze the current situation of the Apple company and define what obstacles they’re facing today. Apple marketing relies heavily on its iconic and flagship retail stores. Strategic leadership and innovation at Apple Inc. O’Grady, J. In the lifetime of every successful company, there are points of strength and weaknesses that make up the company’s journey. Apple is yet to launch products that are created using green technology. S.K. The intent of this analysis is to evaluate Apple's strengths, weaknesses, opportunities and threats (SWOT) and provide an analysis of each. The opportunities have evolved from the traditional mobile phones and computers to iPads, Apple TV and Apple watch. Even though the latest version of Apple’s phones gives users the right to decline the tracking, trust is difficult to regain once it is lost. Apple can generate higher revenue and sales if it focused on creating an expansive distribution network. A SWOT analysis as explained by Pearce & Robinson (2013), is one of the techniques employed in strategic management which organizations use to … Thank you so much for the hard work :-). The sample essay on Swot Analysis Apple deals with a framework of research-based facts, approaches and arguments concerning this theme. In the fiscal year 2020, iPhone sales of, Apple was the first to introduce some of the most, Apple puts dedication into its product designs. One of the strengths of Apple is its unique ability to come up with its own hardware and software solutions. Apple Inc was established in 1976 by Steve Jobs, Steve Wozniak a… These reusable parts are then categorized and safely stored so they can be used for new manufacturing. Join our newsletter today to get updates on the latest posts! Apple’s researchers, developers, and product specialists are a team of highly qualified professionals that have years of experience in branding consumer products. Apple is one of the biggest names in the information technology industry and operating in the market for several decades. Situation Analysis This situation analysis shows the current environment in which Apple Inc. finds itself by providing a SWOT (strengths, weaknesses, opportunities, threats) analysis. This situation has not changed from 2013 to date as Apple continue to enjoy its competitive advantage in the market. The recent events have significantly affected and disrupted its operations. original papers, This example has been uploaded by a student. Tell us what you think? Apple competes with firms like Samsung which also uses rapid innovation strategies in the company. This analysis looks into the strength, weaknesses, Great things take some time. Apple is highly dependent on China for its manufacturing and supply chain. Did you know? 8. From 2013 to date, Apple has seized most of the opportunities present in the market through introduction of new products such as the Apple watch, the large-screen iPad, a MacBook Air with Retina display, and the redesigned Apple TV. But you can one from Deliver Self-Driving Software Technology. The company has also become more investor friendly as compared to the years before 2013, where Steve Jobs was very averse in giving investors a return on their investment. The former acquisition helps Apple to integrate intelligent search to the photos app on the iPhone, while the latter acquisition automates tasks by helping the consumers to arrange apps and features with a string of commands. All rights reserved | contact@bstrategyhub.com | Logo designed by Looka. Roughly 16 million girls aged 15 to 19 years and 2.5 million girls under age 16 years [...], Apple's corporate strategy is to constantly expand their product base. One of the weaknesses of Apple is the compatibility of its products with third-party software or other accessories. The purpose of SWOT analysis is to develop a fuller awareness of the situation that will help with strategic planning and decision making of companies. Consumers were upset and baffled when Apple announced that it deliberately throttles CPU performance on iPhone models with older and degraded batteries. It strips them all the way down to a single bolt. Apple Inc. has evolved fro… After leaving Apple, Steve started and cultivated his own business ideas such as NeXT computers, a portion of Lucas [...]. Apple Inc. was founded as Apple Computer Inc. They provide top quality and cutting-edge technology that offers a breakthrough in customer experience. Counterfeit products can make potential customers believe that it is a product made by Apple with low quality. As any other company, Apple has its blind sports. It reported flat revenue in Q2 of 2020 and declined to offer annual revenue estimates for FY2020 due to supply chain uncertainties. Smart wearable is still a very new category, there are a lot of opportunities to explore and grow here. These factors are generated from the daily activities of a company and they are important to the management of the company. Steve Jobs had a very high level of secrecy that created internal silos in the company. It sells a variety of software and related services which include networking solutions and applications. SWOT Analysis of Apple Inc January 10, 2019 Strengths. Additionally, Apple has invested in their electric car project and is competing with other inventors such as Tesla with their innovation. It isn’t big news that Apple is a demanded brand in corporate offices. thank you so much for your hard work man <3. Copyright © 2020 Business Strategy Hub. Liam is designed to yield as many reusable parts as possible. Apple launched its first product ‘Apple 1 computer’ in 1976. Low-Income consumers can’t simply afford Apple products. There has been a significant change in market penetration by other brands in the smartphone market. In this SWOT analysis tutorial, we will conduct Apple SWOT analysis. : ). Executive Summary Apple Inc. is a multinational corporation that designs and manufactures consumer electronics, computer software, and personal computers. SWOT analysis of Apple (5 Key Strengths in 2020) Ovidijus Jurevicius | Jan 8, 2020 This Apple SWOT analysis reveals how one of the most successful world’s companies used its competitive advantages to become the dominant player in the tech industry. Furthermore, the company can benefit from diligent marketing and promotions. Apple barely gives information about its projects and the market has to keep on speculating. This led to a number of people filing lawsuits against the company. Discuss the various levels and types of strategies the firm may use to maximize its competitiveness and profitability. Apple has the expertise needed to deliver self-driving car technology rather than fully-functional autonomous or electric cars. Essay Sample: This is an analysis of the Apple Company which is one of the leading Phone companies in the world. Swot Analysis For Apple 1055 Words | 5 Pages. Your information is safe and will never be shared. Blessing of science free essay; Write theme analysis essay; Nus mba essays tips; Butterfly essay in marathi language; Bulletin Archive 2014; Bulletin Archive 2013; Directions and Parking; Accessibility; Essay about human rights violation; Email Newsletter; Citing a journal article in an essay; Worship. How Does Credit Karma Work and Make Money? Apple’s services include digital content stores, streaming services, iCloud, AppleCare etc. Consumers who buy Apple products get into the Apple universe and can only use Apple products and therefore they must be well informed about their decisions. Until the 1980’s, a standard computer would cost 9 million dollars, require a quarter acre of air conditioned space, and 60 people to operate it. The company went public in 1980 but Steve Jobs was forced out of the company in 1984. The top management of Apple Inc. consists of the … This is done by dividing the page into four squares and entering strengths and weaknesses (internal factors) in the top two squares and opportunities and threats (external factors) in the button square. These include the watchOS, tvOS, Final cut Pro, and iWork. In the Years to Come. It will become a $, Apple has the opportunity to continue to grow beyond just, The youthful population and rapid economic growth in emerging economies offer immense opportunities for expansion. Smart wearable technology will soon dominate the world. In this essay, I’ll discuss how we use SWOT analysis to evaluate Nissan Co. SWOT analysis is an analytical tool that is frequently prepared by business people to measure their business working progress. Amazon has Roku that competes with Apple TV under streaming devices. Company: Apple Inc. CEO: Tim Cook Year founded: 1976 Headquarter: Cupertino, California, USA Employees (FY2020): 147,000 Type: Public Ticker Symbol:  AAPL Market Cap (Oct, 2020): $1.86 Trillion Annual Revenue (FY2020): $ 274.51 Billion  Profit | Net income (FY2020): $ 57.41 Billion, Products & Services:    Computers | Software | Phones | Watches | Tablets | Cloud Technology | Accessories | Music Platform | Competitors: Microsoft | Lenovo | Google | Samsung | Toshiba | Dell | Sony | HP | Acer |Netflix | Disney | Amazon | Chase | CitiBank | Youtube. Apple SWOT Analysis II MGT/521 Management October 31, 2011 Erick Espinosa Abstract Apple is a company that concerned of the environment and has been working for more than 20 years to minimize the impact their products have on the environment. It is an American multinational founded on April 1, 1976 by Steve Jobs, Ronald Wayne, and Steve Wozniak. There are growing opportunities in the technology industry for Apple to take them up and the company has been a pace setter rather than a follower. Apple utilizes economies of scope to increase [...], "In the 1980’s technology would begin its’ evolution into the twenty-first century of instant communication which would in return bring positive cultural benefits and infringements on national security. Tracking users undermines trust. In 1976 by Steve Jobs and Steve Wozniak. highly appreciate the time you have put into this thanks man. Based on the SWOT analysis, outline a strategy for the company to capitalize on its strengths and opportunities, and minimize its weaknesses and threats. Get the knowledge you need in order to pass your classes and more. Apple Computer Inc. was founded by Steve Jobs and Steve Wozniak in April 1976. Apple Computer Inc. has one of the biggest and most loyal customer bases, who supported the continued growth of the company. History of Apple Inc. These include applications, online services and its unique devices that have a high niche in the market for the solutions it offers its customers. Best Buy Mission Statement, Vision Statement, Values & Culture, Deloitte: Mission Statement | Vision Statement| Values | Culture, Starbucks Mission Statement, Values, Principles, & Sustainability Goals, Uber: Mission Statement | Cultural Norms | Principles | Philosophy (2020), Amazon: Mission | Leadership Principles | Philosophy (2020), Nordstrom: Mission | Vision | Core Values (2020). We respect your privacy. Although Apple as a brand has solidified itself, it still faces threats from competitors. Apple was the first to introduce some of the most innovative products that have changed the world (iPhones, iPads). Due to their premium pricing, only middle or high-class individuals can afford their products. This SWOT report is ideal for case studies. Apple Company swot analysis Free Essay Example. Mark Zuckerberg criticized monopoly of iPhone’s app store. These opportunities have come about from customer demands and the need to keep up with technological advancements. Apple’s Threats. Walking on the streets, everyone has a light and small phone with a beautiful cover in their hands. In addition, about 14.5 % of its $274 billion in revenue came from China (a big market for Apple). Technically, SOOT is created by 4 words: S, W, O, T, in which S represents for strengths, W stands for weaknesses, O is opportunities, and T represents for threats, according to Queensland Government, they defined that it is an important tool to identify and analysis the overall company's strategy. Apple limits its consumers from using other products together with its products. Apple SWOT Analysis . In 1977, Apple was incorporated in Cupertino, California. Excerpt from Essay : Apple SWOT Analysis. Apple is already planning to expand its music streaming services to 52 emerging markets in Africa and the Middle East. This strength of Apple Inc. has evolved from the few apple products that were in the market before 2013, to a wide variety of Apple products in the market now. Apple’s products do not support other software or technologies making them incompatible with other devices. The tech giant said that it did so to prevent unexpected shutdowns. SWOT Analysis for Apple Inc. and Samsung Company. A management consultant and entrepreneur. Swot Analysis Of Apple Company. To see the essay’s introduction, body paragraphs and conclusion, read on. The IBM [...], Society changed overtime, technology improved quickly. Apple is headquartered in Cupertino, California and was founded by Steve Jobs. Apple continues to grow its wearable category i.e., Apple Watch, AirPods, etc. ... Get a verified writer to help you with SWOT Analysis of Apple Inc. ie Apple Watch. Since then, Apple has grown exponentially in terms of products and services. The recent events have significantly affected and disrupted its operations. Apple has been under constant pressure by government agencies to unlock the iPhone via a backdoor, which means unlocking the encryption of the iPhone and giving access to its data. The technology industry is rapidly growing and changing as compared to many other industries, this means that Apple has to keep innovating to remain among the market leaders, and have unique inventions that help it stand out of the rest. Since its creation in 1976, the Cupertino headquartered international has actually recorded huge growth beyond the manufacture of. Apple has the opportunity to continue to grow beyond just Apple watch and AirPods into other wearable categories. SWOT Analysis Apple Inc. Apple Inc. is a technology company that designs, manufactures and sells mobile electronics, software and other online solutions for the consumers of tech products. SWOT Analysis on APPLE COMPANY- DUE IN A DAY Just from $13/Page Order Essay A SWOT analysis looks at the strengths weaknesses opportunities threats for one or more firms in […] SSRN Electronic Journal. Apple Inc, Innovation, Risk, Smartphone, Steve Jobs, Apple Inc, Computers, Digital Technology, Steve Jobs, Strategic Management, Apple Inc, Communication, Computers, Digital Technology, Information Technology, Internet, Security, Smartphone, Apple Inc, Leadership, Problem Solving, Steve Jobs, The Analysis of Apple’s Corporate Strategy. 1. The new generation can never understand how life was like just 20 years before. Doing a SWOT Analysis ON APPLE COMPANY 1)6-7 PAGES 2)MUST BE FOLLOW GUIDELINE 3 MUST BE FOLLOW SAMPLE PAPER Need this custom essay written urgently? Deliveroo Business Model | How Does Deliveroo Make Money? In the fiscal year 2020, iPhone sales of $137 Billion represent half (50%) of apple’s overall revenue of $274 Billion. Apple is under investigation for unfair business practices after receiving payments to make Google’s search engine as the default search engine for its Safari web browser. The company has had great success in the past decade and has dominated the technology industry, evident from the amount of revenue generated (O’Grady, 2009). Essay Sample: History of Apple Inc . Apple Inc. is a technology company that designs, manufactures and sells mobile electronics, software and other online solutions for the consumers of tech products. Eucharist. Companies like Samsung, HTC, and Lenovo are using Android software to create new smartphones. We can create an original paper just for you! This Analysis also highlights in detail the industry, competitors, company, and consumers. Come browse our large digital warehouse of free sample essays. 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