Preview

Apple's Strategic Plan

Best Essays
Open Document
Open Document
3143 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Apple's Strategic Plan
unfairlyApple Inc.
2012
Strategic Management of Technological Innovation Course Project TM583
“Apple’s Strategic Plan”
Linda D. Smith Lindasmith645@gmail.com Instructor: Professor Gorelick
April 15, 2012

* Introduction The company that will be the topic of discussion in my final project paper is Apple Inc. The company was established on April 1, 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne. Apple Inc. was formerly known as Apple Computer, Inc. until January 9, 2007 when the word “Computer” was removed (Wikepedia The Free Encyclopedia, 2012). Apple is a Fortune 500 company whose headquarters is located in Cupertino, California with over “60,000” employees and generated over 65 billion in revenue (15 Amazing Facts About Apple, 2010). Apple “designs and sells consumer electronics, computer software, and personal computers” (Products: Leading innovation, 2012). The company is best-known for its hardware products which include the Macintosh lines of personal computers, the iPhone, iPad, and the iPod" (15 Amazing Facts About Apple, 2010). Apple Inc. is an American multinational company is traded on the New York Stock Exchange and is one of 100 stocks that make up the NASDAQ and S&P 500. Apple is outperforming all of the other tech stocks and is considered the “sector leader” over companies such as Microsoft, Oracle, Samsung, and Google because of its strategic plan of innovation, excellence and consumer delight (S&P 500, Nasdaq Celebrate a Record-Breaking Quarter, but It’s All About Apple , 2012). The market value for Apple has topped $600 billion because of their outstanding performance in the industry!
Section 1 – Strategy Apple’s deployment strategy for 2013 is to pursue excellence by providing innovative technology products that will delight consumers now and in the future. This deployment strategy supports



Bibliography: Schilling, M. (2009). Strategic Management of Technological Innovation, 3rd Edition. In M. Schilling, Strategic Management of Technological Innovation, 3rd Edition (p The Secret World of Apple Product Development. (2012, April 4). Retrieved April 6, 2012, from Presta: http://blog.presta.com/apple/secret-apple-development/ Wikepedia The Free Encyclopedia. (2012, March 4). Retrieved March 4, 2012, from Apple Inc.: http://en.wikipedia.org/wiki/Apple_Inc. Wikipedia The Free Encyclopedia. (2012, March 04). Retrieved March 04, 2012, from iPad: http://en.wikipedia.org/wiki/IPad

You May Also Find These Documents Helpful

  • Powerful Essays

    Apple is one of the most successful companies that is globally known, which has proving them to be the leaders in consumer technology. The company is over 30 years and is still very successful and has no signs of slowing down their success. Apple continues to surprise the world with new products year after year using top of the line technology. Apple has produced several products like the Apple I, Apple II, a Quick Take camera, the iMac, and the iPod those are just five of the amazing products the Apple has produced. Though very successful since 1976, they have had some issues with competitors but has overcome and passed them with annual revenues in the billion’s.…

    • 1398 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Disclosure Analysis Paper

    • 903 Words
    • 4 Pages

    The publicly held company selected to use as the basis for this paper is Apple Inc. Apple Inc. designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and sells a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. The Company’s business strategy leverages its unique ability to design and develop its own operating systems, hardware, application software, and services to provide its customers new products and solutions with superior ease-of-use, seamless integration, and innovative design. The Company believes continual investment in research and development and marketing and advertising is critical to the development and sale of innovative products and technologies. (Form 10-K, 2011, p. 1)…

    • 903 Words
    • 4 Pages
    Good Essays
  • Good Essays

    accounting final project

    • 1187 Words
    • 5 Pages

    Apple Inc. (Apple), an extremely successful and profitable American multinational corporation, was founded in the 1970s. As a technology company, it designs, manufactures, and markets personal computers, computer software, mobile phones, digital music players and sells related music software, and sells related product accessories. Furthermore, Apple’s distinguished and well profitable products and services include iPod, iPhone, Mac computers, Apple TV, Xserve, consumer and professional software applications, and iTunes (a platform of digital media application). Moreover, the Company sells its products all over the world through its retail stores, online stores, contractual cell phone carriers, and many value-added resellers. According to the New York Times, as September 25, 2010, Apple had opened a total of 317 retail stores, including 233 stores in the U.S. and 84 stores internationally. In addition, Apple Inc. is rated as the most valuable publicly traded Technology Company in 2011. In this project, I will do the brief discussion of Apple Inc.’s financial performance through its fourth quarter financial report for 2010.…

    • 1187 Words
    • 5 Pages
    Good Essays
  • Better Essays

    Apple Inc. is a well-known computer manufacturer, smartphone and digital devices device maker. Company have made strong roots in the computing market since its beginning its’ all, because of its maintained quality which have been continuously delivering to its valuable customers, Apple (2012).…

    • 1382 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    Apple Business Strategy

    • 1187 Words
    • 5 Pages

    1. High Price 2. Incompatibility with different OS 3. Patent infringements 4. Further changes in management 5. Defects of new products 6. Long-term gross margin decline…

    • 1187 Words
    • 5 Pages
    Powerful Essays
  • Better Essays

    The point of being in business is to provide a service or product to a particular consumer base and to produce a profit of the service or product given. In order to accomplish this, companies must be able provides its ' products and services to a particular type or group of consumer that calls for a the need of it. It takes care planning and research in order to produce something that your customer based will embrace and continue to come back for more. It takes, further, skill and effort to advertize your product and service to the right groups of consumers. Apple, Inc. is a prime company to take a look at in terms of the services and products that it provides to its customer base. Apple, Inc. can address the needs and wants of its ' entire customer base within a particular market segment. In today 's business world, there may not be another company out there that is quite like Apple.…

    • 1847 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Apple revolutionized the computer world since 1970. They have been the most innovative organization since the invention of computers. This California based company revolutionized the industry into amazing unforeseen technology with its evolving and seducing factors. Apple has developed many of the features that computers today use and have continuously issued more patent than majority of its competitors have over the past 10 years. Although Apple has wowed many of its customers, it has also swayed away those loyal fans. The purpose of this paper is to analyze Apple’s strengths, weakness, opportunity, and threats and to identify the most significant factors internally as well as externally that affects them as a whole in their market.…

    • 1996 Words
    • 6 Pages
    Powerful Essays
  • Better Essays

    Apple is one of the leading and most innovative electronic and software companies in the world today. The company name is behind great products like Macs, iPods, iPads, iPhones, and a plethora of software. Steve Wozniak and Steve Jobs established Apple in 1976; the company was later incorporated one year later in 1977. In 1997, Steve Jobs was able to successfully restore the corporation from the threat of bankruptcy. Jobs accomplished this task with simple but innovative philosophy behind each product they manufactured. Apple Inc. is currently worth over $150 billion, with valuable stocks being sold every day. Great leadership and superior technological advance is attributed to the success of Apple.…

    • 1343 Words
    • 5 Pages
    Better Essays
  • Best Essays

    Apple is an American tech giant headquartered in Cupertino, California. The company designs, manufactures, and markets mobile communication and media devices, personal computers (PCs), and portable digital music players, and sells a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. The company primarily operates in the US, Europe and Asia Pacific, and employed 92,600 people as of September 27, 2014 (MarketLine, 2014)…

    • 2544 Words
    • 11 Pages
    Best Essays
  • Good Essays

    Apple's Impact On Society

    • 632 Words
    • 3 Pages

    Apple’s stock shares have increased by 21% since it released the first iPhone. (Huddleston) At this point in time, Apple’s market cap is higher than the GDP(Gross Domestic Product) of all the world’s countries but 19, coming just behind Saudi…

    • 632 Words
    • 3 Pages
    Good Essays
  • Best Essays

    Apple Inc Ad Campaign

    • 2084 Words
    • 9 Pages

    Cited: • Apple Inc.. (2007, May 6). In Wikipedia, The Free Encyclopedia. Retrieved 15:27, May 5, 2007, from http://en.wikipedia.org/w/index.php?title=Apple_Inc.&oldid=128737845 • Carlton, Jim, Apple: The inside story of intrigue, egomania, and business blunders, New York: Random House, 1997. Retrieved April 29, 2007. • Goodell, Jeff. "The Rise and Fall of Apple Inc." Rolling Stone issues 731, 732. Retrieved April 15, 2007 • Google Finance. (2007, May 1). In Wikipedia, The Free Encyclopedia. Retrieved 15:26, May 5, 2007, from http://en.wikipedia.org/w/index.php?title=Google_Finance&oldid=128943999 • Hormby, Thomas (2006-02-22). Growing Apple with the Macintosh: The Sculley years. Low End Mac. Retrieved on 2007-03-07. • Joshua, Coventry (2007-04-11). Apple III Chaos: What Happened When Apple Tried to Enter the Business Market. Low End Mac. Retrieved on 2007-03-07. • Leaver, Tama, 'iPodium: Student Podcasting and Participatory Pedagogies ', Association of Internet Researchers Conference, October 2006. Retrieved May 1, 2007. • Levy, Steven, Insanely Great: The life and times of Macintosh, the computer that changed everything. New York: Viking, 1994. Retrieved April 15, 2007. • Mitchell, Lisa, "iPods cast a wide net for learning" The Age, October 30 2006, http://www.theage.com.au/news/education-news/ipods-cast-a-wide-net-for-learning/2006/10/27/116174932127 Retrieved April 29, 2007. • Moritz, Michael, The Little Kingdom: The Private Story of Apple Computer. New York: William Morrow and Company, 1984. Retrieved May 1, 2007. • Silverstein, Marc. “A Clinical Decision Analysis Program for the Apple Computer” Med Decision Making, 1983; 3: 29 - 37. Retrieved May 1, 2007. • Wozniak, Stephen, "Homebrew and How the Apple Came to Be", Digital Deli. Retrieved on 2007-03-07 • Young, Jeffrey S., Steve Jobs: The journey is the reward, London: Scott, Foresman and Co., 1988. Retrieved April 29, 2007. • http://www.applesettlement.com • http://www.apple.com…

    • 2084 Words
    • 9 Pages
    Best Essays
  • Powerful Essays

    References: "Apple Computer - Company Profile of Apple Computer - Getting a Job at Apple." Welcome to…

    • 21379 Words
    • 86 Pages
    Powerful Essays
  • Satisfactory Essays

    Apple Business Strategy

    • 1618 Words
    • 7 Pages

    Strategic Posture Focus on making the best product, and rewards will follow. In fact, Apple 's new partners are signing up in spite of, rather than because of, Jobs ' rules of engagement. Apple makes little pretense of building a level playing field, but routinely picks favorites—such as Google for building mapping and video applications for the iPhone. And rather than aim for the most partners, Apple focuses on attracting the best ones. As a result, the Mac and iPod feel more like a gated, elitist community, with Apple keeping close watch over who gets in. "The notion of a platform is a very PC-oriented way of looking at the world," says Silicon Valley financier Roger McNamee. "Consumers just want a great experience. They don 't buy platforms."…

    • 1618 Words
    • 7 Pages
    Satisfactory Essays
  • Satisfactory Essays

    In current platforms, Apple’s business strategy 2010 focuses on strong defenses, starting with their elegant designs that integrate hardware, software and services. It will significantly increase Apple’s total available market in the U.S. Once consumers are introduced to the Apple family, they tend to want more.…

    • 313 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Apple's Innovation essay

    • 1655 Words
    • 7 Pages

    Apple has been a leader in innovation and design for years in the technology industry. Their commitment to give consumers the most practical, elegant designs has allowed them to set industry standards when it comes to computers, laptops, phones, and tablets. They have taken advantage on consumers’ desires to own well- designed products. Apple’s most iconic product, the iPhone, created a smartphone revolution with the cellphone community. It led to many other competitors attempting to copy the design and mimic the iPhone’s functionality. It is clear from Apple’s success that they have taken the operations management element of design to new levels and have become the industry standard when it comes to innovation and designing products that are continuously successful.…

    • 1655 Words
    • 7 Pages
    Good Essays

Related Topics