We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Apple: Economics - Essay Example

Comments (0)
Summary
Apple Contents Introduction 3 Products/services and geographic scope 3 Competitors 4 PEST Analysis 4 SWOT analysis 6 Porter’s five forces model for Apple 8 Recommendations 9 Conclusion 10 Appendix 12 Introduction The main purpose of this project is to integrate theoretical learning with a real-life scenario…
Download full paper
GRAB THE BEST PAPER
Apple: Economics Essay
Read TextPreview

Extract of sample
Apple: Economics

Download file to see previous pages... The brand value of the company is incomplete in today’s world. Effective use of technology provides the company with brand recognition, enabling it to stand out among its competitors. The collaborative work of its employees has paved the way for the success of the company, which follows a collaborative work culture. Apple Inc. is recognised as the biggest start-up in the world, formed by the efficient hands of Steve Jobs. There are frequent team meetings in each department in order to discuss the current business scenario, and the company values and encourages the participation of its team members in the decision-making processes. Apple has a reputation of valuing individuality and excellence that help in the company’s decision making (Apple Inc, 2012). Products/services and geographic scope Formerly named Apple Computer Inc., the company is an American multinational corporation which specialises in the design and sale of electronic goods and high-technology personal computers, along with computer software. The best-known products of the company are the Macintosh series of computers and the iPhone. In 2007, the company shifted from offering only computers towards making and selling consumer electronics. In terms of market capitalisation it is the largest public limited company. The company manages its business on a geographic basis, with five operating segments, in America, Japan, Europe and some other regions. The operating segment offers similar hardware as well as software products (Datamonitor, 2009:3). Competitors Apple Inc operates its business in multiple industries, the main one of which is personal computers. Apart from this, the company produces software and consumer electronics. In the personal computer industry, Apple’s main competitors are IBM, Hewlett Packard, Dell Inc. etc. In the consumer electronics industry, the main market competitor is Samsung, which has a similar type of product on the market; Apple has also been facing competition in developing countries. Apple’s direct competitors are Google, Microsoft and RIMM (Research in Motion Limited). In all these industries, Apple is the leader, and no one comes close to this company in terms of revenue and profit or of innovation and brand recognition (Grady, 2009:5-6). PEST Analysis PEST analysis deals with the current situation of an organisation, identifying the political, economic, social and technological influences. It provides a glimpse into the future performance of the company. Political influences: it was reported in the year 2007 that 52% of the company’s sales were made outside its country of origin. Apple has no influence on political scenarios. Wars, terrorist activities and natural disasters can all have an influence on the overall sales of the company, and it has to take all these factors into account when determining its strategies for the future. Apple produces many of its key parts outside the United States. If the United States involves itself in any sort of conflict with the countries from which Apple sources its parts, the production process of the company will come under threat (Henry, 2008:99-100). Economic influences: Apple’s products are viewed as luxury items, and therefore if consumers do not have enough disposable income available, they will not opt for Apple products. Consequently the economic condition of the countries in which the company’ ...Download file to see next pagesRead More
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Apple
Innovations in this industry are observed to take place more frequently rather than other industries in the current phenomenon. The sales and adoption of tablet and smart phone are further being determined by high popularity of mobile phones. In present days, there is high requirement for immediate, on-demand access to the websites, computer and other networking tools along with numerous services among customers as well as organisations.
16 Pages(4000 words)Essay
Economics Essay
The total number of unemployed people had increased to 2.53 million, highest since 1994. The number of people applying for an unemployment allowance was at a staggering as 1.45 million. On the other hand in 2010 the UK government’s borrowing was at 148.9 billion pounds.
5 Pages(1250 words)Essay
Apple
In fact Microsoft pushed Apple far behind during this period and many people raised doubts about the future of Apple during this period. However, Apple bounced back during the latter part of 90’s and at the beginning of 2000 with the introduction of its popular “i” series products such as iphone, ipad, ipod, imac, itune etc.
12 Pages(3000 words)Essay
Overview on Economics
Essay Overview Antitrust is primarily concerned with the structure of markets along with the bargaining that goes on within the market. Consequently, the absolute cost of redistributing various resources is as vital as the transaction costs of arranging for their movement.
3 Pages(750 words)Essay
Apple : Function and Form
Few years after its foundation, it expanded its business by manufacturing variety of items, such as software applications, operating systems and also provides with the requisite support services. The company introduced its first Apple I computer in the year 1976, followed by its major success in the following year (Alacra Inc, 2013).
8 Pages(2000 words)Essay
Economics essay
And hence, Economics gets an all-important slot everywhere. Nation wise or even internationally all important policies and decisions anchor upon Economics. Whether it's war policy or food policy, Economics plays a role in it. It's the duty of Economists to study the economic viability and impacts of major policies and policy changes.
5 Pages(1250 words)Essay
Economics essay
But in the end, everything proved to be nothing but a huge bubble, which burst and blown away many innocents with it. Who is to blame for all this? I fully agree with Simon Jenkins, when he says “conman stuffed with
5 Pages(1250 words)Essay
Economics Essay Argument
Commonsense solutions, instead of shouting contests, is what Behravesh supports in Spin Free Economics, which disregard political labels such as
3 Pages(750 words)Essay
Apple- Function and Form
According to Bordes (2008), the element of differentiation has led to the creation of unique brand feature and improvement of customer service delivery. In the current scenario, the personal computers of Apple have been providing its
4 Pages(1000 words)Essay
Economics essay
s are required to produce output and hence if large number of workers is employed in the firm then higher output is produced and the level of work assigned to each worker diminishes (Black and Lynch, 2001). The work is distributed among the workers in order to make the work
8 Pages(2000 words)Essay
Let us find you another Essay on topic Apple: Economics Essay for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us