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Samsung VS Apple

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Kingfisher School of Business and Finance

Lucao District, Dagupan City

A term paper in Cost Accounting focusing on Balance

Submitted by:

Avecilla, Mariella Jane

Barrozo, Jenah Dean

Lincod, Jhanna Jhessel

Mercado, Jewel Mae

Submitted to:

Mary Grace I. Pasaoa, CPA

March 2018
I. COMPANY BACKGROUND

The competition to wow consumers has been intensely fought between Apple
and Samsung Electronics for years. They claim a duopoly over the premium part of
the smartphone market. Together they control around two-thirds of the global market
(Apple claims 44% of smartphone revenues and Samsung 22%; UBS, 2013). And
today the competition between these two companies still arises.
The Samsung Group is a South Korean based conglomerate company that
includes a number of subsidiaries. With only 30,000 won (about $27 USD), Lee
Byung-chull started Samsung on March 1 in 1938, as a trading company based in
Taegu, Korea. The small company of only 40 employees started as a grocery store,
trading and exporting goods produced in and around the city, like dried Korean fish
and vegetables, as well as its own noodles.
The company has released around 46 smartphones and 27 tablets just in
2014 due to numbers of employees. The South Korean company went
from shipping 2.4 million smartphones worldwide in the first quarter of 2010 to
over 79 million units in the first quarter of 2017 alone.
On the other hand, Apple Inc. is an American multinational company
headquartered in Cupertino, California that designs, develops, and sells consumer
electronics, computer software, and online services. Apple Computers, Inc. was
founded on April 1, 1976, by college dropouts Steve Jobs and Steve Wozniak, who
brought to the new company a vision of changing the way people, viewed computers.
Jobs and Wozniak wanted to make computers small enough for people to have them
in their homes or offices. Simply put, they wanted a computer that was user-friendly.
According to the biography of Steve Jobs, the name was conceived by Jobs after he
returned from apple farm. He apparently thought the name sounded “fun, spirited
and not intimidating.”
At present, Apple has opened 500 retail stores across 18 countries,
including 272 in the United States and 228 elsewhere, since May 2001 In 2016,
Apple shipped, on average, nearly 54 million units per quarter. In the fourth
quarter of 2017, 46.68 million iPhones were sold worldwide. In the 2016 fiscal
year, Apple sold 211.88 million iPhones.

II. STRENGHTS AND WEAKNESSES


III. PRODUCTS AND SERVICES OFFERED
IV. ORGANIZATIONAL STRUCTURE
V. PERFORMANCE ANALYSIS
A. Customer’s Perfective
B. Learning and Growth

C. Financial Perspective
D. Internal Business Process
VI. REFERENCES

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