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As of 2008, when Apple was first introduced into China it did not pass over as well as we thought, even though China is a coveted market. Apple’s market share is lower than 8 percent in China for media players, much lower than 1 percent of PC’s or the cell phone market share. Although Apple done really well with the launching of the iPhone in 70 countries, it sad to say that China is not included within those countries. The company has been unsuccessful in landing a deal with any of Chinese carriers. The higher produced, lower ended products do excellent in China, while the luxury brands succeed in Beijing and Shanghai. Most Apple products are far too expensive for China. For example, a MacBook that is available at the Apple store can cost about the same as the average city-based Chinese worker earns in a year and that adds up to about $2,000. It is more than just price and Apple succeeds because customers love the products and the brand. Apple initially demanded a big two-digit percentage of carriers' wireless revenue as a condition for granting its coveted exclusivity deal; acc...
The impact that the Apple Company will have on reducing its reliance on Chinese suppliers is high price earning ration. Actually the company will lose its shares to Chinese. The current price earnings ratio (P/E ratio) of the Apple stands at 13.3. This means that any investors who purchase one share of its stock will expect a recoup from the Apple over 13.3 years after which any earning will be Apple’s profit. The price income earning ration will increase if the company withdraws its reliance on suppliers from China. This is because the net earnings per share of the company the company will reduce while the market value per share remains contestant. Since the Price Earnings ratio is determine from the ratio of market value per share to the earning per share.
During the years before 2012, loyal Apple customers were in protest and petition when they found out that the labor conditions of Apple in Foxconn were unaccepted, the issue emerged to a worldwide attention. Also, the customers did not want to buy Apple products anymore because of the increasing number of accidents or suicidal in Foxconn. The employees were working in a dangerous environment and living in dorms that looked like a prison. These issues came to the attention that Apple decided to join Fair Labor Association, a monitoring group including at least 43 violations of Chinese Laws and regulations.
T-Mobile started to explore developing countries’ markets to increase market shares and maintain its profits. “As penetration rates in many developed regions such as Europe approach 90 percent or more, mobile operators and handset makers are looking to new markets where people may have never even picked up a regular telephone” said by Marguerite from CNET News. For instance, T-Mobile does make significant decisions in developing markets in emerging markets, including China. The cooperation with China Mobile not only helps T-Mobile to establish a foothold in China, but also brings it an opportunity to build new international business between China and USA.
reported that 59% of its revenues were generated outside of the Americas region (Stastista, 2016). This factor alone increases the influence of the various government and legal factors that may be faced. Throughout the various countries that purchase Apple products, the company will be forced to contend with various trade, safety, and tax regulations as they sale and distribute their products. Various political unrest and government tensions may also affect Apple’s ability to continue its business with the same revenue stream. Additionally, Apple had chosen to outsource the manufacturing of its products to various foreign countries, any issues within these countries may delay their products reaching the market in a timely
General Purpose: To give an overview of the company that is Apple Inc. and how it revolutionized our lives in the present times.
Few people know but, more than half of americans own an Apple product. The huge tech company was founded on April 1, 1976 by Steve Jobs and Steve Wozniak. The company was later incorporated on January 3, 1977. Apple is known as one of the most advanced technology companies in the United States. Apple is behind the largest technological revolution in history. Apple has set itself above all other technology companies. The company has a certain way of leaving customers on the edge of their seats waiting for the latest and greatest Apple product.
Few people second guess Apple or their products, their image is well-maintained and the products are widely owned by people of all kinds. However, the process of making these much beloved iPhones and iPads is widely overshadowed by the company’s rate of constant innovation. In a series of articles by The New York Times, journalists attempt to unmask the controversial use of overseas manufacturers indicate a true crisis; a labor-power problem which abuses foreign workers as well as harming mid-wage jobs of consumers in the U.S. Many different lenses can be used to further analyze the structures, relationships and interactions that characterize this phenomena. Figures such as C. Wright Mills, Karl Marx and Fredrick Engels, Pierre Bourdieu, Immanuel Wallerstein and Leslie Sklair.
Apple is one of the world’s greatest tech company and has its products sold in many countries. Apple makes about 34 percent of iPhone sales in America while compared to Android sales which is about 20 percent (Tung).
...oes not dominate the entire market. The Chinese market is so large that even an e-commerce giant like Alibaba is unable to capture the entire market. Here are some other players who are in the market as well:
With a population of 1.357 billion (2013)3, China is the most populated country in the world. Along with the huge population comes a market that is unmatched by any other country of the world. Both domestic companies and foreign companies want to tap into this large market that just recently embraced capitalism and entered into the World Trade Organization.
Have you heard about Xiaomi? Xiaomi is a Chinese technology company, and it was founded in April 6, 2010 by entrepreneur Lei Jun. He became one of the China’s top 20 richest person with net worth US$ 9.1 billion after four years that Xiaomi was founded(Olson, 2014). Therefore, Xiaomi was expending very rapidly. Up to now, the company produced smartphone hardware, software, and internet services as well as accessories. Xiaomi not only hires Chinese technical talents, but also recruit international talents. For example, it hires smart and talented people who worked for Google, Microsoft, Motorola, Yahoo and other successful technology companies around the globe before. Xiao has over 8,000 employees, mainly in mainland China, Malaysia, and Singapore, and is expanding to other countries such as India, Indonesia, the Philippines and Brazil. In 2014, more than 60 million smartphones were sold worldwide, and Xiaomi earned $12 billion revenue as a result. Xiaomi becomes the third largest smartphone producer in the world currently. In addition, after Xiaomi successfully secured $1.1 billion investment with a company valuation of $45 billion, it has achieved the status of the most valuable technology start-up in the world
The Apple brand name is a household name, the brand value of Apple, Inc. improved to $13,724 million in 2008 from $11,037 million in 2007 (Datamonitor PLC, 2009). Apple is different from its competitors because it produces high quality products, its products are also unique and attractive and this has helped to increase its market shares. Since Apple is known globally, 54% profits come from foreign markets (Datamonitor PLC, 2009). Apple products are easy to use and carry around, majority of its products are light, small and very easy to carry around and it has a major advantage of product diversity, there is something for every one of all ages.
has a competitive advantage over their competitors. One of the methods that Apple uses to maintain a competitive advantage in international markets is tying their hardware and applications together with an integrated operating system. This means that one of their devices, such as the iPad works very much like the iPhone and many of the apps run one device just as they do on the other. The only difference would be the size of the product. Apples laptop is larger than the iPad which is larger than the iPhone. Otherwise these products share the same functionality and information through connectivity. They share functionality and information seamlessly through connectivity, constantly updating customer’s lives through simple plug-in. I think this is the number one reason why Apple has an edge over their
Interests: A population of 1.3 billion along with a growing economy makes Chinese market extremely important for Google to enter
Consumers in India are incredibly price conscious, and Apple recognized that people were not going to go out and spend upwards towards six hundred American dollars, especially when many of them are investing in this kind of technology for the first time. Again, Apple chose to not make a product exclusively for India to cater to the cost conscious consumers. Instead, they have chosen to emphasize the iPhone 4, which they are able to sell more inexpensively because of the fact that factory infrastructure is already developed and the prices for the phones components have actually decreased. As a result, Apple has created a sustainable strategy that allows them to satisfy demands in foreign markets without having to tailor their