Apple Company
Apple Company
Apple Company
Body
Industry characteristics and planetary issues
Nature of Apple
Apple is well renowned company that is known for being technical in terms of
innovation. Different innovators have come together to ensure that products are exceptional in
the competitive market. The designs are made to suit the consumers’ needs, so feedback and
suggestions from customers are highly valued by Apple. According to (), Apple is a company
that remains on top of the market because of the outstanding leadership as well as the creative
brains that are formed by employers. For that reason, Apple stands as one of the most talked
about company in the world. () explains that Apple has done so well as a company to the extent
that it boosted of a revenue growth of about 8 billion U.S dollars in 2004, which has now
projected to over 230 billion in the year 2015. Apple was started by Steve Jobs, Ronald Wayne
and Steve Wozniak. They started small. The first product that the three individuals produced for
the market was the Apple I. They went ahead to develop different features of the Apple I.
Slowly, Jobs, Wozniak and Wayne developed Apple II, then Apple III. Over the years, Apple
became more creative in terms of production. For instance, in 2007, iPhone was released into the
market. That was the revolution of the smartphone market across the globe. The reason why the
iPhones were different was because of the touch screen interface that had not yet been introduced
to the market. According to (), the introduction of the iPhone was a major boost for Apple
because it managed to generate millions and millions of sales. He further explains that the sale of
iPhones still leads in terms of bringing high level revenues globally.
General characteristics of Apple
Apple is characterised by different situations. Apple as a company thrives because of
the diversity and professionalism of the people working in the company. () explains that working
with Apple is always a learning experience especially because all employees are trained and in
turn expected to give their ultimate best in terms of work. In fact, there is no strict rule of
working when you are employed at Apple. Employees are free to come to work or leave as they
please as long as they reach their expected work goals. Apple Company is also known for
providing a functional and friendly environment for work, so every employee is free to work
depending with their flexibility. According to (), Apple puts all its energy on the idea of
production and innovation because it helps in providing constant flow of output. The idea helps
the company to stay on track in terms of creativity. When it comes to issues like interpersonal
relationships at work, the company puts its energy on providing the needs of the employee before
that of Apple. The people at Apple have established a functional channel of communication at
the workplace. Employees are free to communicate directly with their employers. That is put in
place to encourage team work as well as free exchange of ideas and information. Customers are
always given the first priority at Apple, because the expectations and demands of the clients are
what keep the company running (). That is why the workers at Apple are always on top of their
game, because anything less in not acceptable.
Competitors of Apple
Apple is a company that is highly rated in terms of revenue, profit and capitalization
of the market. Apple is a company that has constantly improved over the years. It has been a
threat to many companies that are in the same market. For instance, the introduction of the
iPhone was the ultimate achievement because it contributes highly to the general success of the
company. According to (), Apple competes with many companies that offer similar products, and
the fact that it provides different products means that it also competes in many markets. For
instance, Microsoft is one of the well known competitors of Apple when it comes to the market
of operating systems. The smart tablet market is undeniably dominated by Apple, even though
Microsoft and Amazon have their own smart tablets in the market. Samsung is also a well know
competitor of Apple. Samsung is a well experienced electronics company that ships electronics
like televisions, cameras and phones across the globe. That puts Samsung in a good position to
compete with iPhone in the hardware market. For instance, phone specifications produced by
Samsung can compete with the phone specifications of iPhone. () explains that the smartphone
market is flooded with competition from phone companies like Motorola, Windows and even
Android, but Apple remains on top. Google is also a major competitor of Apple. One area of
competition is the storage of media like music, where Google produced Google Drive to compete
with Apple’s iCloud. Also, Google has constantly proved to be a competitor of Apple through
the production of Android Operating System, which competes with Apple’s iOS.
Apple’s market strategy
Some people come across successful brands and wonder how they did it. Apple is
one of the most successful brands. All the products from Apple always top the market, and
become a success. () explains that Apple has enjoyed tremendous growth over the years, as they
keep on producing different products. Clearly, Apple does not only concentrate on selling its
products, or making massive products. Apple’s market strategy is the secret behind all the
success. The company keeps on changing the direction of the market by producing commodities
that turn out to sell in the market. One market strategy that Apple has lived by over the years is
creating brand loyalty and sustaining them. According to (), Apple is a company that comes up
with portfolios that are different, which provide different experiences for various clients. The
portfolios help to provide the much needed information that will enable new products to maintain
the longevity of the company. For instance, an iPhone would not be the masterpiece it is without
an application like iTune. All Apple products maintain a certain sense of uniformity, creating
familiarity for the customers. Another market strategy used by Apple is maintaining the brand
image as well as the pricing. Even though the products of other manufacturers resemble those of
Apple, they never match up to the prices of Apple. In most cases, Apple products are usually two
times or three time the price of products from Android and others. The steady pricing of the
goods from Apple has continuously assured the loyal customers of the quality of their products
as well as the promotion of the same products (). In the market, it is normal for clients to assume
that expensive products maintain a high reputation for quality. The above mentioned market
strategies applied by Apple are the main reasons why the company is outstanding. Apple easily
puts high value on their products because they are popular and on demand
Conclusion (300)
References
Apple Corporate Social Responsibility (CSR). (2016, March 07). Retrieved January 10, 2017,
from http://research-methodology.net/apple-corporate-social-responsibility-csr/
Apple releases its first transparency report(n.d.). Retrieved January 10, 2017, from
http://edition.cnn.com/2013/11/05/tech/social-media/apple-transparency-report/