The Best Candidate for Business Analysis: Apple Inc.
Apple Inc. is a good candidate for business analysis. Among companies in the United States, it has the most influence and growing in United States and it has no boundary or limits in the global market. SWOT Analysis on Apple Inc.
Annual report 10-K can be a good reference to analyze the corporate with SWOT system to understand the strengths, weakness, opportunities, and threats in Apple Inc. whether this company is appropriate to invest in the future or not. The following is the analysis of each sector. Strengths
Apple Inc. has increased the number of its customers in a short period and not only they loved the products but also are frenetically into the apple’s goods and these primarily customers tend to have huge anticipation on apple’s goods.
According to Form 10-K (2011), “The Company offers a range of mobile communication and media devices, personal computing products, and portable digital music players, as well as a variety of related software, services, and peripherals” (p. 3). Those electronic goods have different functions but correlated to each other’s, which help them to be competitive in the global market. Apple Inc. has placed its retail stores in desirable location at a high-traffic area in quality shopping malls and urban shopping districts (Apple Inc, 2011). There are some risks in placing store at high expensive downtown but this will help them to gather more customers with cash that are new to apple’s products. Weakness
The company is facing aggressive competition and highly competitive in both products and services in its business. Rival companies even attempt to imitate the functions from company’s goods with an upgraded version, which endanger its products (Apple Inc, 2011). Opportunities
Business growth heavily depends on the sale of merchandise and to enhance the quality and innovate the products, continual research, and development is...