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Apple Company - Research Paper Example

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Summary
The paper will focus on iPhone products with respects to its demand. Apple Inc. is an American company that specializes in the production of high technologically integrated products. It specializes in the production of computers and computer-associated products peddled to outmatch competitor’s products…
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Apple Company
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Apple Company

Download file to see previous pages... The Company is also engaged in a variety of stock exchange portfolios such as financial securities; Company shares, debentures and traded bonds. The ticker tape, AAPL: NASDAQ GS drives the Company’s financial and exchange markets with the highest stock price noted on February 18th, 2014 at 555.19 billion dollars. The Company’s trading period ends every September 28th with the September 2013 net income hitting 37.04 billion dollars as 225.18 dollars noted as 2013 assets value. The paper will focus on iPhone products with respects to its demand and supply.
With respect to the demand of the iPhone products, the paper will showcase how iPhone products have an ever-increasing demand based on the sales of the products ranging from iPhone 5, iPhone 4 and iPhone 4S. The focus will be based on iPhone 5 that was ushered and launched September 21, 2012. During the same day, it is noted that over 2 million purchase was attached to first pre-ordering. This in comparison to iPhone 4 launched in October 2010, 1. 4 million purchase was recorded as the increase in first pre-ordering. On the other hand, iPhone 4S attracted over 4 million purchases in the first three days following its launch. In a snapshot, a robust demand for iPhone products is looming based on the promising purchases indicated. Surprisingly, an opening-weekend sale of iPhone 5 has dealt the Company’s image and reputation a blow based on the demand and supply of this product despite its massive upgraded features.
Shortage in supply of iPhone 5 opened avenues for company’s critiques leading to its downgrading. This is supported by Apple chief Tim Cook on his apology as quoted, ‘While we have sold out of our initial supply, stores continue to receive iPhone 5 shipments regularly and customers can continue to order online and receive an estimated delivery date.  ...Download file to see next pagesRead More
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