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Case study about Apple
Case study about Apple
Case study about Apple
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The summary of the study case I read is Apple after Steve Jobs. Apple Computer Inc. is an American high-technology corporation headquartered in California. Steve Jobs and Steve Wozniak founded Apple in 1976 when Jobs was only 21 years old. Through the cooperation, Jobs found Wozniak and he were complementary; then they found Apple Computer Inc. together, developed and sell personal computers. In 1978, the first personal computer called Apple II was invented by Wozniak was launched; in the same year, Apple became a public trade corporation by launched IPO. In 1980, Apple went public; it instantly created more millionaires than any other companies, meanwhile, Apple had announced three improved versions of the personal computer. However, the new …show more content…
With the passion of designing and styling, the finest and unique appearance had applied to Macintosh, the new introduced personal computer in 1984. Jobs was proud of the unique industrial design and ease used Macintosh; however, Apple’s strongest competitor IBM PCs had advantage over Macintosh, with faster processor, incompatible software programs, and lower cost. Obviously, consumers prefer IBM over Apple. To be able to increase Apple’s profits, Jobs decided to hire John Sculley who was a talented marketing guru to run the company with him. Sculley create an innovative advertising for Macintosh, which also successfully created brand identification for Apple as a revolutionary company of 1980s. Apple went very well after Sculley joined, but Jobs and Sculley began to diverge; because the core identity changed with Sculley in charge. Although …show more content…
Stock rose when Jobs shown in public in health condition, conversely dropped. The board members of Apple handed Jobs a medical leave absence, Tim Cook services as interim CEO for all Apple’s operations when Jobs was absent. In addition, Jobs and the board had a fully responsibility to the shareholders, therefore, set a deep executive bench for each important positions; Tim Cook services as COO, Scott Forstall services as Senior Vice President, Jonathan Ive services as Senior Vice President, Industrial Design, and Phil Schiller services as Senior Vice President Worldwide Product Marketing. The structure was heavily influenced by Jobs and when he was in charge, everything flowed through him, Jobs was dominating the Apple’s operation. In addition, Jobs was directly in charge of each department. When CEO assigns task to departments, each of them would get information directly and clearly. CEO of Apple is core identity and highly depended by each department. However, after Jobs’ absence, each department would need to collaborative with each other closely and each department has fully authority, it helped to come out with result quickly than
Sir Steve Jobs, the almighty co-founder of Apple started apple dreaming big. The Harvard College dropout carried through with that dream. According to Leander Kahney, author of “Inside Steve’s Brain,” “apple went public 1980 with the biggest public offering since 1958” (2008), this offer proved successful as apple soon became a super power. Apple suffered a fall out though, but Steve Jobs came back and rescued them, reviving them to their previous stature.
Apple Computer Inc designs, manufactures, and markets personal computers and related personal computing and communication solutions. The return of Steve Jobs, the companies founder, as CEO has pulled the company’s stock price up 775-percent through his launch of innovative products such as the iMac computer line. On January 5, 2000, Jobs announced that he was dropping interim from his CEO title and taking the job full-time. With this news and Apple’s new products such as the iBook, a portable pc and Quick TV, an internet television access feature, Apple Computer is headed for success and is sure to increase their share in the computer market.
This position paper will discuss the Apple’s identifying mark, and if it is possibly in danger succeeding the passing of Steve Jobs. According to Burrows and Satariano (2002) article and “Can Phil Schiller keep Apple cool” Burrow and Satariano stated that Jobs career and reputation was founded on new ideas, desires, instinct as well as trust. However, since Steve Jobs passing and Schiller’s takeover new advertising has been viewed as a travesty, besides Schiller being looked upon as a governing individual. Nevertheless, how is it affecting its advertising campaign and new products? Is Schiller responsible, or is it due to the market being saturated with other brands that are similar to Apple’s product line?
Apple Inc. is a worldwide company that is one of the most valuable brands to ever be founded. As of today, the company is worth a staggering $786 billion! The reasons behind this giant company’s success is through their products that they sell. All their products are very well made and the customer loyalty is very stable. Apple was founded by Steve Jobs and Steve Wozniak in 1976. They incorporated the company in 1977. For more than three decades, Apple was predominantly a company that sold personal computers including the Apple II, Macintosh, and the Power Mac. Steve Jobs was fired from the company in 1985 because of the poor sales and low market share that the company was facing. During that time, Apple started to be more of the innovators. Because Apple was starting to make enough money to start acquiring smaller companies that benefited the company, Steve Jobs’
In 1976, Apple was just an idea being made in a garage by Steve Wozniak and the well-known owner of Apple, Steven Jobs. The two were college drop-outs and were looked at as outcasts. The first invention that Apple introduced was the Apple I. On April 1, 1976 Apple computer was made a reality (Glen). The company did not take off until 1977, when Apple introduced the Apple II. The Apple II was the first personal computer to have plastic casing and color graphics (Glen). Then in early 1978, the Apple Disk II was invented. It was Apple’s most inexpensive product of the time and had easy to use floppy disk (Glen). By 1980, the Apple III had been invented and the sales were increasing and so was the company. Apple had several of thousand employees and managers and had developed many investors. Fast forward twenty-one years to 2001, when Apple made the iPod. From there Apple grew like wildfire, with the invention of the iPhone in 2007 and many version...
From 1980 to 1996, Apple’s competitive range in the PC industry was rocky. Although Apples products were unique and well built, they were overpriced compared to competing products from IBM and others. As competitor prices dropped, Apple prices stayed the same and the company saw a decline in sales as customers opted to purchase from its competitors. John Sculley, former CEO of Apple, took many steps to improve the company’s competitive advantage. One of those steps was to compete with price by producing a low-cost computers that appealed to a mass-market. The second step was to form an alliance with rivals IBM and Novel in order to create new operating systems and applications...
In the late 1990s, with the release of Windows, Apple was placed on the right track. Apple released its’ 20th Anniversary Macintosh in 1997 which marked the beginning of Apple’s return (Crofford, 2011). The next year, Apple released the IMac, which was a highly received by the public. Apple reported over $80 billion in cash on its’ last Form 10-K filing with the Securities and Exchange Commission (Emerson, 2011). Today Apple produces several different products including IPhone...
The organization has had to ensure that it has retail stores in many countries globally and website options in more than 100 countries. The company further enhances access of online stores in more than 37 countries which is accessible all the time and people are able to access the services regardless of their location. Globalization further affects the organization in the sense of international market management which requires it to engage in strictly global decision making. The organization’s production networks have been geared to enhancing global competition (Lüsted, 2012) .The Company is further good when it comes to seizing the opportunities available in global market. For the organization to find efficient as well as cheap means of production, it has to bargain hard so as to allow its contractors to have low profits. This mostly is consequential to the suppliers cutting corners with the use of cheap
2: Finkle, Todd A., and Michael L. Mallin. "Steve Jobs and Apple, Inc." Journal of the International Academy for Case Studies 16.8 (2010): 49+. General OneFile. Web. 19 Oct. 2011.
The history of Apple began thirty years ago, when the two friends, Steve Jobs and Steve Wozniak decided to found their own company for the production and release of computers.
Steve Jobs one of the founding fathers of Apple Inc used strategic planning to his advantage by making Apple’s mission a simple one- bringing easy to use computers to the general market, revolutionizing the computer market. In 2007, after thirty years, the organization changed its name from Apple Computer to Apple Inc., this was a significant move because the organization became more independent, and it was no longer known as a vendor to Macintosh personal computer line (Yoffie & Slind, 2008). This strategic move paid off; a year and half later, Apple Inc.’s third quarter net profit of $1.07 billion on a $7.46 billion in revenue (Yoffie & Slind, 2008). SWOT Analysis of Apple, Inc. Strengths (Competitive Advantage)
Apple Inc. was established by Steve Jobs and Steve Wozniak on April 1, 1976 as a computer designer, developer and seller company. However, the company shifted its focus from only personal computer to include other consumer electronics such as portable media player and mobile phone in 2007. Apple Inc becomes one of the most popular makers in its field since it seems that its popularity has increased according to a report on www.statista.com that Apple Inc’s products sales was generally increasing throughout the first quarter of 2006 to the first quarter of 2014. On the one hand, it has increased its revenue from about 14 billion US dollars to more than 170 billion US dollars in 2013. All in all, the company is highly successful corresponding to its products’ development and their sales growth in world’s market.
Under Steve Jobs ' leadership Apple was an innovative company and under Tim Cook 's leadership Apple is now being seen as more of charitable, socially and ethically responsible company.
The Apple II earned the company handsome revenue until the mid 1980s though the hardware remained largely the same. Later Apple attempted Apple III and the Apple Lisa which failed.
In 1976, Steve Jobs founded Apple Computer with his friend Wozniak in the garage of Job’s parents. In 1984, Jobs introduced the Macintosh to the world. It was a very innovative and good product but sales were not strong. Apple’s board wanted to Jobs to step down from his position. In 1985, Steve Jobs founded NeXT Inc. Steve was able to create technologically advanced product but the cost was too high to be successful. Company made first profit after 10 years of operation. In 1997, NeXT Inc was acquired by Apple Inc. In 1986, Jobs bought The Graphics Group. In 1995, the first film, Toy Story, came out. It was a big success and Pixar became one of the biggest animations producing company in the market. Jobs had opportunity to return to Apple, after Apple decided to purchase NeXT Inc. After Jobs returned to Apple, He started to invent new product. iMac was introduced to market and Jobs became permanent CEO of Apple. Apple started to expand their expertise under Jobs guidance. Apple started to introduce digital appliances like iPod, portable music player. In 2007, Apple introduced the iPhone, the very first multi-touch display cellphone. iPod and iPhone completely changed world. These inventions were not only a better product but also new way...