Preview

Apple Computer, Inc.: Maintaining the Music Business While Introducing Iphone and Apple Tv

Powerful Essays
Open Document
Open Document
1018 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Apple Computer, Inc.: Maintaining the Music Business While Introducing Iphone and Apple Tv
Apple Computer, Inc.: Maintaining the Music Business while Introducing iPhone and Apple TV

Claudette Harrison
Dr. Ann Pohira-Vieth
BUS 499
Strayer University

Apple Computer, Inc.: Maintaining the Music Business while Introducing iPhone and Apple TV

Apple’s inventions and competitive advantage has been a successful but probably challenging experience for Steve Jobs and Stephen Wozniak. The invention of the Apple Computer (Mac), IPhone, iPod, and the Ipad proves that not giving up on dreams can result in making products that customers will appreciate and expand their mind set. Steve Jobs and Stephen Wozniak knew each other since high school and both had the capability to research and develop products that would change the world of technology. Apple products are known for entertainment, education, and music that has invented the next wave of communication. Describe the Key Strategic Challenges Facing Apple Computer One of the key strategic challenges that Apple computer facing is the attempt to sell the Iphone globally. By the end of 2008, Apple had a goal to capture one percent of the global cell phone business (Hitt, Ireland, & Hoskinson, 2011). Japan has one of the largest cell phone markets that are difficult to enter into and because of Apple’s control over the iPhone designs; this could be a challenge to the business. Another strategic challenge that Apple computer faces is the threat of new entrants. Major competitors as well as new companies have become a challenge to Apple because they are offering the same service for lower prices. As the technology industry grows and look for ways to design new products that is equal to Apple, this will remain a challenge to management.
Describe the Dimensions Along which Company Success can be Measured In 2007, Apple controlled more than 70 percent of the digital music market, and its net income was $3.5 billion (Hitt et al., 2011). In 1976, Steve Jobs and Stephen Wozniak invented their first



References: Hitt, M. A., Ireland, R. D., & Hoskisson, R. E. (2011). Strategic management: Competitiveness and globalization, concepts and cases: 2011 custom edition (9th ed.). Mason, OH: South-Western Cengage Learning.

You May Also Find These Documents Helpful

  • Satisfactory Essays

    yolanda

    • 300 Words
    • 1 Page

    In a strategic planning group at a large corporation you must be able to develop products and show why the product would be a success. A competitive market analysis will determine who the primary competitor in the market is at the time the product is released. The company and the product that was chosen in the analysis is the iphone 6 made by Apple. This paper will focus on the short history of the organization, the description of the Iphone, factors that will affect demand, supply, and equilibrium prices in the market in which the competitor organization operates. It will also address any issues or opportunities Apple faces that affect its competitiveness, long term profitability, price elasticity of demand, technological innovation, the relationship between the amount of labor, capital employed, the law of diminishing marginal productivity, cost structure and factor affecting fixed costs. The recommendations on how this product will maximize the profit making potential will also be made.…

    • 300 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Mgmt 485

    • 4109 Words
    • 17 Pages

    Hitt, M. A. , Ireland, R.D., Hoskisson, R.E. (2012). Strategic Management: Competitiveness and Globalization: Concepts and Cases, 10e. ISBN-10: 1111825874 ISBN-13: 9781111825874…

    • 4109 Words
    • 17 Pages
    Good Essays
  • Better Essays

    References: Hitt, M.A., Ireland, R. D., Hoskisson, R.E. (2011). Strategic Management Concepts And Cases: Competitiveness And Globalization.…

    • 2559 Words
    • 8 Pages
    Better Essays
  • Better Essays

    References: Hanson D., Dowling P.J., Hitt M.A., Ireland R.D and Hoskisson R.E (2008). Strategic Management. Competitiveness & Globalization. South-Western College…

    • 2252 Words
    • 10 Pages
    Better Essays
  • Powerful Essays

    Whole Foods

    • 3063 Words
    • 13 Pages

    Cited: Dess, G., Lumpkin, T., Eisner, A., & McNamara, G. (2012). Strategic Management: Creating Competitive Advantages (6th Edition ed.). McGraw-Hill Irwin.…

    • 3063 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    Finning International

    • 4879 Words
    • 20 Pages

    References: Dess, G., Lumpkin, G., Eisner, A., & McNamara, G. (2012). Strategic Management: Text and cases (6th Ed.). New York, NY: McGraw- Hill Irwin.…

    • 4879 Words
    • 20 Pages
    Good Essays
  • Good Essays

    Golf Industry Competition

    • 1261 Words
    • 6 Pages

    References: Gamble, J.E. & Thompson, Jr., A.A. (2011). Essentials of Strategic Management: The Quest for Competitive Advantage: 2nd Edition. New York: McGraw-Hill Irwin.…

    • 1261 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Apple had been a very successful company since its foundation in 1976. It has been a leader in the computer and mobile technologies field since its first release of the Apple- I to the most recent revolutionary product, the iPad. Through its core competencies innovative design, advanced technology, ease of use, and premium pricing strategy; the company has always positioned itself as a quality leader. Despite their disadvantage in pricing, Apple has seen consistent success throughout its history, specifically since the release of its new mobile devices, as is evidenced by the 15-fold increase of its share price since 2003. Since its early years, Apple has had a drive for innovation and excellence, striving to release new hit products every six to twelve months. This strategy has been greatly successful for the company, as their new products are redefining the industry every year. These products can continue to be refined and perfected to appeal exactly to the company’s target market.…

    • 738 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Apple has created a company built around innovation. It seems to harness creativity, stimulate new ideas, and lunches top, profitable, revolutionary products. I think that Apple’s biggest success is its ability to pull it innovation processes. The three business successes are IMac IPod and, ITunes. The IPad was one of the hottest sells at Christmas day in 2010. These three products were most successful because they appealed to the masses. Apple continues to outperform technology in their new personal computers each year prior. Their actual success lies in their ability to create products that set them apart from their competitors. Apple sets itself apart from the rest of the technology industry, by creating unique products, ensuring that they are easy to use and intuitive, and by limiting the number of choices thrust upon customers. Apple is all about seizing new opportunities in the marketplace while growing business at an incredible pace. Steven jobs, the co-founder and CEO of Apple, often boast about the company culture, and how it based upon innovation, forward thinking, while the focus on the “experience”…

    • 729 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Bibliography: Michael A. Hitt, R. Duane Ireland, Robert E. Hoskisson. 2005. Strategic Management: Competitiveness and Globalization. Thomson-South Western.…

    • 2189 Words
    • 9 Pages
    Powerful Essays
  • Better Essays

    Apple 2010

    • 1157 Words
    • 5 Pages

    Assess Apple’s competitive position in regarding MP3 players and Smartphone. What threats are seen? What challenges confront Apple at the end of the case?…

    • 1157 Words
    • 5 Pages
    Better Essays
  • Better Essays

    Social Demographic

    • 1366 Words
    • 6 Pages

    References: Hitt, M. A., Ireland, R. D., & Hoskisson, R. E. (2011). Strategic Management Concept & Cases: Competitiveness & Globalization: 2011 custom edition (9th ed.). Mason, OH: South-Western…

    • 1366 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Hca Case Study

    • 1686 Words
    • 7 Pages

    References: Hitt, M., R. Hoskisson, D. Ireland. (2012). Strategic management: Competitiveness & globalization. (10E ed.) Mason, OH: South-Western,Cengage Learning.…

    • 1686 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Humana Insurance Anaylsis

    • 4333 Words
    • 18 Pages

    Michael A Hitt, R. Duane Ireland, Robert E. Hoskinsson. Strategic Management: Concepts and Cases. South-Western College Pub, 2006.…

    • 4333 Words
    • 18 Pages
    Good Essays
  • Powerful Essays

    Hitt, M.A., Ireland, R.D. and Hoskisson, R.E (2003a) Strategic Management: Competitiveness and Globalisation, Mason, OH, Thomson South-Western.…

    • 2716 Words
    • 11 Pages
    Powerful Essays