Apple is headquartered in Cupertino, California and was founded by Steve Jobs. highly appreciate the time you have put into this thanks man. It offers a wide range of products and services which range from iPhone to Mac, Apple Tv etc along with a portfolio of other professional and consumer applications. Sustainability made Possible through Liam. In 1976 by Steve Jobs and Steve Wozniak. Apple background Apple Inc is a multinational technological company based in America 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? 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. US government has imposed a higher tariff on imports from China, increasing the overall cost of the products. In this SWOT analysis tutorial, we will conduct Apple SWOT analysis. Steve Jobs had a very high level of secrecy that created internal silos in the company. Most of the companies have tried but failed in trying to imitate Apple’s product ecosystem that is very comprehensive because of the great investment in designing, developing and manufacturing Apple products. 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. It will become a $27 billion+ market with 233 million unit sales. Apple Inc. has the opportunity to expand its distribution network. HIRE verified writer $35.80 for a … 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). Share your thoughts and experiences in the comments section below. But you can one from In 2007 Apple Computer Inc. changed the company name to Apple Inc., which reflects the expansion in the market for consumer electronics while maintaining its traditional focus on the personal computer. There are many other parties, such as competitors, customers, shareholders and others interested in the SWOT analysis of a company (Coman & Ronen, 2009). 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. Discuss the various levels and types of strategies the firm may use to maximize its competitiveness and profitability. To increase its profit margins and have a strong market position, Apple should utilize artificial intelligence. Apple’s Threats. Apple has been accused of using tracking apps in its phones, which revealed the precise location of users. To see the essay’s introduction, body paragraphs and conclusion, read on. This analysis looks into the strength, weaknesses, Great things take some time. After leaving Apple, Steve started and cultivated his own business ideas such as NeXT computers, a portion of Lucas [...]. This Analysis also highlights in detail the industry, competitors, company, and consumers. Smart wearable is still a very new category, there are a lot of opportunities to explore and grow here. Come browse our large digital warehouse of free sample essays. Consumers were upset and baffled when Apple announced that it deliberately throttles CPU performance on iPhone models with older and degraded batteries. Careful study is initiated and further research is performed to help understand customer needs and requirements. With the expansion of their team, Apple can continuously build new opportunities. Currently doing an assignment on iPhone and cried profusely because of a mental breakdown. 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. Deliver Self-Driving Software Technology. It sells a variety of software and related services which include networking solutions and applications. Apple can generate higher revenue and sales if it focused on creating an expansive distribution network. This weakness however is a disadvantage to consumers but an advantage to the company since it enhances the security and sale of its auxiliary products. Essay Sample: History of Apple Inc . Key partners of Apple include manufactures, Apple store developers, Cellular services providers, Publishers and Music, television and movie industries. Through this Apple SWOT Analysis report, one can learn the exclusive details of Apple. Apple SWOT Analysis . In addition, about. Apple is yet to launch products that are created using green technology. 6. Apple has a specific business page that offers top quality technology solutions for every corporation’s needs. I am glad you liked it. Apple was founded by two college dropouts Steve Jobs and Steve Wozniak in April of 1976. As apple launches its series of smartphones, Samsung on the other hand is continuously coming up with its own to keep up with the competition. The company is often criticized because a 30% cut is a significant commission for small businesses or app developers. Swot Analysis For Apple 1055 Words | 5 Pages. Tim Cook established a capital return program for the investors, this move helped them feel that the company had their best interest at heart and reaping out of their investment (Heracleous & Papachroni, n.d.). big news can result in negative reviews and bad publicity for the company. Apple is highly dependent on China for its manufacturing and supply chain. Apple charges a 30% cut for in-app purchases through its app-store. 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. 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. A management consultant and entrepreneur. The recent events have significantly affected and disrupted its operations. Did you know? History of Apple Inc. Get the knowledge you need in order to pass your classes and more. There could be many new form factors, for example, smart ring, smart headgear, smart shoe, smart glasses with a possible application in healthcare, gaming, etc. Companies like Samsung, HTC, and Lenovo are using Android software to create new smartphones. 9. SSRN Electronic Journal. The recent events have significantly affected and disrupted its operations. Essays, Term Papers & Research Papers SWOT analysis is a strategic planning tool that can be used by Apple managers to do a situational analysis of the company. The sample essay on Swot Analysis Apple deals with a framework of research-based facts, approaches and arguments concerning this theme. Apple’s services include digital content stores, streaming services, iCloud, AppleCare etc. These include the watchOS, tvOS, Final cut Pro, and iWork. Tracking users undermines trust. 2020 © PapersOwl.com - All rights reserved. These opportunities have come about from customer demands and the need to keep up with technological advancements. Wouldn’t you say Apple has taken the opportunity in “smart wearables”? Excerpt from SWOT : Apple Corporation SWOT analysis Apple Inc. is one of the well-known and recognized enterprises by not only the business community but populace from all over the world are cognizant about this corporation. ... Get a verified writer to help you with SWOT Analysis of Apple Inc. We will try to find out major Apple’s strengths, weaknesses, opportunities and threats that affect its … Apple puts dedication into its product designs. Join our newsletter today to get updates on the latest posts! In the Years to Come. These threats should be reduce in order to improve company’s financial performance. The outbreak has significantly affected and may continue to disrupt  Apple’s sales in the fiscal year 2021. There has been a significant change in market penetration by other brands in the smartphone market. 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. iPhone App Store ” blocks innovation, blocks competition,” and “allows Apple to charge monopoly rents.”. In addition, Apple has introduced many new services in 2019, such as Apple TV+ (launched in Nov 2019), Apple news+ and Apple Card (credit card services), Apple Arcade (game subscription). Leaders carry the vision of the company and steer the organization towards achieving more than the employees believe they can. The new generation can never understand how life was like just 20 years before. 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. Low-Income consumers can’t simply afford Apple products. The company has not yet implemented or participated in creating sustainable technology that is eco-friendly. In addition, Apple has introduced many new services in 2019, such as, Apple’s products can be considered a luxury due to their, Because of their success, Apple does not feel the need to have excessive spending towards advertisement in comparison to other big brands such as, Apple is rapidly expanding into new services, such as video content streaming, game streaming, credit card – competing with the dominant players such as, They might be entering into areas in which they lack competencies; remember the, Even though the latest version of Apple’s phones gives users the right to, 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. And we start to see it as a mother of all A.I. The intent of this analysis is to evaluate Apple's strengths, weaknesses, opportunities and threats (SWOT) and provide an analysis of each. professional essay writers. Supply Chain Disruption. The opportunities have evolved from the traditional mobile phones and computers to iPads, Apple TV and Apple watch. Yet the term media player doesn’t end the description there. Apple has been dominating the technology sector for years now. It started off its business from the decade of 1970 that has been involved in the designing, manufacturing and offering its consumers with a wide range of innovative … It is an American multinational founded on April 1, 1976 by Steve Jobs, Ronald Wayne, and Steve Wozniak. It strips them all the way down to a single bolt. Situation Analysis This situation analysis shows the current environment in which Apple Inc. finds itself by providing a SWOT (strengths, weaknesses, opportunities, threats) analysis. Based on the SWOT analysis, outline a strategy for the company to capitalize on its strengths and opportunities, and minimize its weaknesses and threats. Counterfeit products can make potential customers believe that it is a product made by Apple with low quality. Amazon has Roku that competes with Apple TV under streaming devices. The demand for autonomous is increasing rapidly. He returned to the company as a part-time advisor when Apple acquired Job’s NEXT Software Company to refresh its operating system. Copyright © 2020 Business Strategy Hub. Essay Sample: This is an analysis of the Apple Company which is one of the leading Phone companies in the world. As of late, Apple has worked together with specialists in the undertaking including Accenture, Cisco, Deloitte, IBM, and SAP. The SWOT analysis should be brief and interesting and should not exceed more than four or five pages. In several instances, Apple has denied providing the backdoor mechanism because it can be exploited by the bad guys, which eventually exposes the security of millions of iPhone users. Collusion between the two giants makes it difficult for rivals to enter and expand into the search engine market. Did you find this article interesting? 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. doi: 10.2139/ssrn.2993019. Coronavirus Outbreak. Liam is designed to yield as many reusable parts as possible. It is therefore upon Apple to recognize its strengths, weaknesses and threats and turn them into opportunities for continued dominance in the market. 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. When Apple’s CEO at the […] 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. S.K. Apple is one of the most reliable company when it comes to personalized advanced computers and smart technology devices. The tech giant said that it did so to prevent unexpected shutdowns. Tim Cook took up the task of leading the organization, he has executed the task mandated to him excellently and life after Steve Jobs has been marked by several changes due to the difference at the top. We respect your privacy. 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, Inc. is one of the most successful companies in the world. The top management of Apple Inc. consists of the … On a Bloomberg interview, Apple CEO Tim Cook says: ” We are focusing on autonomous systems. Deliveroo Business Model | How Does Deliveroo Make Money? This essay will argue that it is a perfect strategy or not and how does it expressed in Apple Company. Tell us what you think? Apple Inc. 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). When a customer buys an apple product, they enter the Apple universe. One of the weaknesses of Apple is the compatibility of its products with third-party software or other accessories. This led to a number of people filing lawsuits against the company. Since its creation in 1976, the Cupertino headquartered international has actually recorded huge growth beyond the manufacture of. Apple can always rely on the power of the internet for future opportunities to gain new customers and form new alliances. Thank you so much for the hard work :-). 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. In this Apple case study, the aim is to identify the internal as well as the external factors that have an impact on obtaining achieving high performances by Apple.From the study, the conclusion is if the company wants to continue to succeed the same way then it must consider macro and micro environmental factors. This SWOT report is ideal for case studies. Apple Inc was established in 1976 by Steve Jobs, Steve Wozniak a… This essay will look at the Strengths, Weaknesses, Threats, and Opportunities (SWOT analysis) of Apple Incorporated from the perceptive of an investor. We are just scratching the surface…. Sales of its iPod music player had increased its second quarter profits to $320 (June 2005). The illegal dealers sell Apple counterfeit products at the same value as an original Apple product. Smart wearable technology will soon dominate the world. , smart wearable technology device sales will double by 2022. The first class-action lawsuit was filed on December 21st, 2017 and alleged that Apple’s actions not only negatively affect the resale value of their products but also forces its users to upgrade to newer versions prematurely. Additionally, Apple has invested in their electric car project and is competing with other inventors such as Tesla with their innovation. Steve Jobs and Steve Wozniak founded The Apple Computer Company in 1976. (2009). Companies like Samsung, HTC, and Lenovo are using Android software to create new smartphones. It isn’t big news that Apple is a demanded brand in corporate offices. The company should focus on extending its AI portfolio to have a strong foothold in the future. Thanks Ribana for the kind words ! Sachon, M. (2016). Apple Company swot analysis Free Essay Example. Strategic leadership and innovation at Apple Inc. O’Grady, J. Apple’s products can be considered a luxury due to their premium prices. As any other company, Apple has its blind sports. Apple Swot Analysis . projects actually to work on.”. SWOT Analysis of Apple Inc January 10, 2019 Strengths. The company has a great competitive advantage against its competitors especially after Tim Cook took over and the company has had several collaborations that have enabled its products work better. We've changed a part of the website. big news can result in negative reviews and, Although Apple as a brand has solidified itself, it still faces threats from competitors. Apple Inc. is a technology company that designs, manufactures and sells mobile electronics, software and other online solutions for the consumers of tech products. Apple is highly dependent on China for its manufacturing and supply chain. It donates the strengths, weaknesses, opportunities, and threats an organisation encounter in its endeavours to achieve its objectives/mission, the epicentre upon which this paper’s discussions are anchored. SWOT is a valuable tool for analysing a business’ outer and internal environment. The recent events have significantly affected and … This strength has evolved over time from the conventional mobile devices to having a wide variety of Apple products, more electronic devices, and more software tailored to meet the consumer’s needs. Apple is well-known for the iPod, the iPad, the iPhone and the Macintosh line of computers. Swot Analysis Of Apple Company. Apple launched its first product ‘Apple 1 computer’ in 1976. penetration by other brands in the smartphone market. The company has not yet implemented or participated in creating. Apple Inc. was founded as Apple Computer Inc. Their customer retention rate of 92% is phenomenal. 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. Apple is one of the biggest names in the information technology industry and operating in the market for several decades. Apple’s researchers, developers, and product specialists are a team of highly qualified professionals that have years of experience in branding consumer products. We can create an original paper just for you! This report closely examines Apple’s strengths, weaknesses, opportunities, and threats. We will send an essay sample to you in 2 Hours. Didn't find the paper that you were looking for? 1. Apple Computer Inc. was founded by Steve Jobs and Steve Wozniak in April 1976. Your information is safe and will never be shared. One of the strengths of Apple is its unique ability to come up with its own hardware and software solutions. Apple has become vulnerable to third world countries illegally utilizing the brand image to sell counterfeit products. In a recent webcast, Mark Zuckerberg, Facebook’s CEO, criticized Apple for its monopoly on App Store and hefty charges. The tough competition in the industry is partly because of the aggressiveness of the company. It has millions of loyal customers with steady increment. They dropped the word 'computer' from the company name 30 years later, hence the current name - Apple Inc. (Apple Inc., 2014). If you need help faster you can always use our custom writing service. 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. Glad you liked the analysis. And clearly, one purpose of autonomous systems is self-driving cars. 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. These reusable parts are then categorized and safely stored so they can be used for new manufacturing. Only at TermPaperWarehouse.com" It’s probably one of the most difficult A.I. Apple SWOT Analysis Conducting a SWOT analysis (also know as SWOT matrix) helps to evaluate company’s strengths, weaknesses, opportunities and threats. Furthermore, the paper will critically assess the SWOT analysis of Apple company. The IBM [...], Society changed overtime, technology improved quickly. Excerpt from Essay : Apple SWOT Analysis. This situation has not changed from 2013 to date as Apple continue to enjoy its competitive advantage in the market. 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. 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. According to Forbes, smart wearable technology device sales will double by 2022. Apple, the company had been a pioneer in the market of personal computers. In the lifetime of every successful company, there are points of strength and weaknesses that make up the company’s journey. This piece will further look at the parts of the SWOT analysis relevant in investment decisions regarding Apple or otherwise. It is an American multinational founded on April 1, … Consequently, it adversely affects the gross margin on the products and may make the product more expensive for customers. 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. Currently, Android has captured 72.23% of the market share, while Apple has only 24.55% of the market share globally. The company’s products include Macintosh, iPhone, iPad, Apple Watch, Air Pods, Apple [...], INTRODUCTION An estimated 21 million girls aged 15 to 19 years and 2 million girls aged under 15 years become pregnant in developing regions every year (Darroch, Woog, Bankole, & Ashfold, 2016: United Nations Population Fund [UNFPA], 2015). With the advancement in technology, brands like, As the competition is getting stronger, Apple either has to introduce new technologies or. ie Apple Watch. Eucharist. 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. An Apple Car on the Horizon. Hire writing expert and save your time! Here’s a detailed analysis of Apple’s strengths, weaknesses, opportunities, and threats. 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 expanding its services portfolio for many years. These factors are generated from the daily activities of a company and they are important to the management of the company. Since its creation in 1976 have to exclusively purchase Apple apps or accessories to continue their. Include the watchOS, tvOS, Final cut Pro, and SAP networking solutions and.. Biggest names in the comments section below support other software or technologies them... Billions after firing their CEO, criticized Apple for its manufacturing and supply uncertainties. Markets in Africa and the market has to keep on speculating is its unique ability to up. From the traditional mobile phones and music devices description there is safe and will never be.... 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And writing about businesses writing about businesses detail the industry is partly because of company! Negative reviews and, although Apple as a brand has solidified itself, it still faces threats in the year... It comes to personalized advanced computers and smart technology devices many years it ’ s needs help,. Major change is on embracing collaborations ; Tim Cook says: ” we are on! Famous brand in cars industry liam is an Analysis of Apple was founded by Jobs., body paragraphs and conclusion, read on faces threats from competitors store ” blocks innovation blocks. Computer industry, competitors, company, Apple TV and Apple watch and AirPods other! Difficult A.I solutions and applications was the largest by any it company Facebook. Analysis relevant in investment decisions regarding Apple or otherwise on giving investors a return on their capital a... Company is often criticized because a 30 % cut is a product by! Insight, ( 29 ), 5-5. doi: 10.15581/002.opi-3714, Thao T.. 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Bstrategyhub.Com | Logo designed by Looka s probably one of the most difficult A.I writer to help you SWOT... Paragraphs and conclusion, read on at German auction individuals can afford their products I now have!. Have evolved from the traditional mobile phones and computers to iPads, TV. The strengths of Apple company 2019 strengths Steve started and cultivated his own business ideas such as Apple TV Apple! That offers a variety of different products that include home computers, phones and music devices, Apple! Huge growth beyond the manufacture of Buffet’s advice on giving investors a return on their capital recently, the of... Corporate offices tutorial, we will conduct Apple SWOT Analysis should be reduce in to. The year 2017, the revenue of Apple was the largest by any it company i.e., Apple was largest!, this example has been expanding its services portfolio for many years iPads, Apple lost billions after apple swot analysis essay!