Preview

Apple Swot Analysis

Powerful Essays
Open Document
Open Document
1064 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Apple Swot Analysis
INTRODUCTION

Apple Computer, the Cupertino, California-based company ignited the personal computer revolution in the 1970s with the Apple II and reinvented the personal computer in the 1980s with the Macintosh. Apple computer is one of America's most inventive companies. It developed many of the features that computer users have come to take for granted, including the graphical user interface, the mouse, the laser printer, and the color monitor. In the last 10 years alone, the company has issued more than 1000 patents.

In the 90's Apple made the momentous strategic decision not to license its technology and Microsoft with its Windows operating system quickly dominated the market. Apples share of the worldwide market for PCs decreased continuously to the lowest level of just about 2%.
Steve Jobs, one of the founders of Apple Computer, who left the company in 1985 to start his own business with NeXT Computer and Pixar Animation Studios, returned to the company as CEO seven years ago. Since then Apple enjoys a renaissance. Jobs' company has surprised with the iMac, introduced OS X a new Unix based operating system and rolled out the PowerMac G5, arguably the fastest desktop computer ever built.

And now Apple makes a bold move. For the first time in his history Apple moves away from its core business of computer into the music business and kicks of a revolution again. Apple introduces the iPod, which have become the most selling portable music player in the world and the iTunes Music Store a revolutionary online service to buy digital music.

The aim of this report is to evaluate the threats and opportunities that Apple has in the market, not looking only at the normal market but also to the digital music market.

SWOT ANALYSIS
Strengths
• Apple is a very successful company. Sales of its iPod music player had increased its second quarter profits to $320 (June 2005). The favourable brand perception had also increased sales of Macintosh computers. So

You May Also Find These Documents Helpful

  • Better Essays

    Apple Inc. is one of the most well-known companies in the world. In 1976, Apple Inc. was created when Steve Jobs and Steve Wozniak created and released the Apple I. It was a slow process for the company and the two were not taken seriously at first. It wasn’t until 1977 when Apple released the Apple II at a local computer trade show. Over the years, Apple Inc. grew in to one of the largest home based computer company. However, during the nineties the company suffered a downfall in their sales when the competition began to increase. Apple was well known for having the best personal computers…

    • 1357 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Our analysis of Apple Inc. will incorporate the general overview of the company and how it records it revenues. We will observe how they make an honest effort to be within compliance of all accounting standards according to the Financial Accounting Standards Board for recording and disclosure of its income. Apple’s leading competitor, Google Inc., will also be examined to see whether they are comparable to Apple and still within compliance of the Securities and Exchange Commission and FASB for revenue recognition. Apple takes on design, development and marketing of personal computers, portable digital music players, and media devices that exceed the reach of everyday needs. The company also sells a variety of related software, services, networking solutions, and digital content and applications through its centralized internet store. The company’s assortment of attributes consist of iPhone handhelds and iPad portable multimedia and computing devices, Macintosh computers, and iPods line of portable digital media players. The company primarily operates in the US. It is headquartered in Cupertino, California and employs 46,600 employees (DATAMONITOR).…

    • 1412 Words
    • 6 Pages
    Powerful 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
  • Good Essays

    Case Study Apple Of Your I

    • 1106 Words
    • 3 Pages

    Apple has shown its capability to create innovative product that meet and exceed its customer’s satisfaction and has also been able to keep that stream of innovations going until today. It has enable these innovations to play off of each other. It demonstrated his ability to break from away from the computer market and created successfully new markets with its iPod, iPhone, and iPad. Apple has developed an ability to sell and market its new products successfully by teaching its customers and the market that the price for an Apple product represents an outstanding value for the quality, design, and functionality. The great…

    • 1106 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Apple, like many successful companies, has gone through the business lifecycle multiple times. Apple went from introduction in Steve Job’s garage to a steep decline into near bankruptcy. The have most recently rode a new wave of growth and are now sitting in a mature stage as the most one of the most highly valued publicly traded companies. Apple has continued to be a laggard in the PC industry. Since inception Apple has taken a higher-end, less mainstream approach to their product offering. Thus, they have consistently lagged behind in global dominance of the industry. Although Apple was the disruptive force that started the entire PC industry, as the innovators of the PC itself, their continued reluctance to mainstream caused them to lag in the industry as a whole, “globally Apple’s market share rose steadily…, but remained below 5%.” However, despite their low global demand for overall PC’s, within specific PC businesses they prospered, “91% of PCs priced above $1,000 in the U.S. market were sold by Apple.” Apple’s was able to differentiate itself in the higher end market and delivered a “cutting-edge, tightly integrated user experience” that bode well with the educational institutions. Therefore, although Apple was considered a laggard for the entire PC industry, they were quite successful within their niche end of the PC business.…

    • 962 Words
    • 4 Pages
    Better Essays
  • Good Essays

    With the release of the iPod in 2001 and the subsequent introduction of the iTunes Music Store in 2003, Apple had created a dominant position for themselves in the sale of mp3s and mp3 players. The iPod, like all of Apple’s products, had a significantly higher price than the mp3 players of its largest competitors. However, the iPod’s sleek design, simple user interface, large memory, and most importantly, unique compatibility with iTunes, the world’s largest music library, all but guaranteed its success in the consumer marketplace. Profits from music sales remained low due to a high cost structure. Though as song sales numbers boomed with low profits, iPod sales rose alongside. Sales through the iTunes Store provided a loss leader for the much more profitable iPods. Though new products have become available in recent…

    • 738 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Dermavescent Lab Case

    • 496 Words
    • 2 Pages

    Apple has sustained itself as a fast-growing, competitive brand since the 1980’s. From the launch of the first iPhone and iPod, Apple started viewing itself as a “mobile device company”. Sixty percent of total Apple, Inc. sales in 2009 were strictly from the iPhone and iPod sales. Revenues and net income were still growing even in the severe economic recession. As Microsoft started introducing new software, consumers were becoming more open to the idea of buying PCs over Apple products, and Steve Jobs knew that he could not relax and had to come up with a new product in order to remain a top competitor. The launch of the first-ever iPad was expected to take Apple to the next level.…

    • 496 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Apple Swot Analysis 6

    • 985 Words
    • 4 Pages

    The combination of all elements mention above makes Apple the successful firm that it is today. Apple enjoys the administration of a proactive, visionary and charismatic CEO who got this company almost in ruins (having losses for two quarters in row and losing market shares) and he transformed it into a profitable the most admired corporation in the world. Becoming a design and product innovator that is ahead of the trends, it has only been possible because of strong research and development department. For example, the desktop computer is part of the screen, not a separate case with cables; the iPhone has touch screen and feels wonderful in the hand. Apple has also come up with innovative services like iTunes Music Store (providing music to customers at minimum price) which is an outstanding source of income, especially with the iPod and its availability to access Windows platform. Apple iPod not only helped increase company sales but also influenced people to get familiar with Apple notebook and operating system and also initiated the road for Apple’s brand recognition.…

    • 985 Words
    • 4 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

    On April 1, 1976 Steve Wozniak and Steve Jobs started and founded Apple Computers. Jobs was the visionary and marketing expert while Wozniak was more about the technical aspects. In 2004 Mr. Jobs was diagnosed with pancreatic cancer. Then in 2009 Jobs to medical leave from the company. Since 2004, the Apple Company led its competition in revenue and margins. And with the introduction of the products (iMac, MacBook, iPod, iPhone, and iTunes) the company started to expand into the digital entertainment market. Apple Computer change the name of the company to Apple, Inc. to symbolize its new, more diversified nature.…

    • 857 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    History of Apple Inc.

    • 1430 Words
    • 6 Pages

    Apple, the name itself commands regard and admiration. The world renowned computer company is actually the brain child of perhaps one of the greatest innovators that history has ever witnessed – Late Mr. Steve Jobs. His untimely death has left a permanent hole in the heart of every computer and gadget enthusiast. Steve Jobs, with his brain child Apple Inc, in the true sense revolutionized the way the world listened to music and operated the traditional computers.…

    • 1430 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Nowadays, Apple develops, sells and supports a series of personal computers, software and hardware, portable media players and smartphones. Among the best known products are the company's line of Mac computers, with the Mac OS X operation system, iPod line of portable media players and the recently iPhone. For the iPod and its program, iTunes, Apple sells audiobooks, movies, games, music, television programs and video clips on its iTunes Store.…

    • 1494 Words
    • 6 Pages
    Powerful Essays
  • Better Essays

    Apple Gap Analysis

    • 957 Words
    • 4 Pages

    In 2000 the digital music was the next big thing in how consumers listen to music. The technological shift in music changed how the relationship is between the artists, recording companies, promoters and music stores on how they operate today. In the late 90’s and early 2000’s Peer-to-peer (P2P) networks allowed free exchange of music files with companies like Napster and Kazaa was a big step that allowed consumers to store large libraries of music. With the cost of hard drive space going down; it allowed for pocket-sized computers to store more information in a smaller space that open the door for apple to step in with the unveiling of the iPod and iTunes. These systems made it possible for storage and playback that gave consumers the option of downloading physical recordings such as CD’s to their computers hard drive and then to their iPod’s and could take their music anywhere. Makers of other MPG players were having a hard time keeping up with the iPod. In 2003 iTunes offered legal downloads that competitors started to follow even.…

    • 957 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    Steve Job’s is a visionary inventor who is co-founded and CEO of Apple Inc., the most valuable company in Silicon Valley. Before claiming his title as CEO he first got ousted from his company in 1985 and invited back as interim CEO in 1997. In the following decade he survived two near death experiences, one securities-law scandal, and also conceptualized and ran his product line-up to become the dominant leader in four distinct industries – music, movies, mobile phones and computing. Jobs was fittingly named Fortune’s CEO of the Decade in 2009.…

    • 2645 Words
    • 11 Pages
    Powerful Essays
  • Good Essays

    The focus of Apple Inc on digital music environment has been a vital element of success and innovations. This strategy of specializing and putting more focus on digital music has reinforced the company’s competitiveness in the digital market.…

    • 751 Words
    • 4 Pages
    Good Essays