Consumer product refers to an article of trade that is produced, and then used by the customer, to fulfill his or her present needs and wants. Among the commodities that can satisfy customer’s needs and wants is iPhone 5S. This is a Smartphone of high quality, which is manufactured by Apple industry. Being part of iPhone line, it was first presented to the market on 20, September, 2013 (Stephen, 2000).
Apple Inc. has grown broader in terms of market size, and product accessibility. It designs, manufactures, and markets media service and mobile communication. The company was known as Apple Computer Inc. It was established in 1976, and is located in United States. It is managed through brick and mortars vend stores. The company manufactures iPhones, iPad, Apple televisions, professional software applications, OS X and IOS operating systems, I Cloud, and offers support. The industry also sells and conveys application, and digital contents through Apps Store, Ma App Store and iTunes Store. The company has a worldwide market. It achieves to put products on the sell through online stores, direct sales force, retail stores, and wholesalers (Wilson, 2013). The company also sells products like Ipad, IPhone and Mac through direct sales force; value added resellers, and third-party cellular network carriers. It greatly produces moveable digital music players, private computers, and also puts on the market several software, networking solutions, services, and third-party digital functions and contents. The company’s market share in United States has been a principle driver of success of the industry (Keenan, Smith & Szymanski, 2008). According to report that was released by NDP, ownership of iPhone in United States has greatly risen up t...
... middle of paper ...
...T., & Branford, O. A. (2012). iGuide to Plastic Surgery iPhone Apps, the Plastic
Surgeon, and the Health Care Environment. Aesthetic Surgery Journal, 32(5), 653-658 iPhone. Telecommunications Policy, 34(5), 270-286.
Sammon Jr, T. M., & Scurlock, B. W. (2000). U.S. Patent No. 6,012,051. Washington, DC: U.S.
Patent and Trademark Office.
Stephen, J. K. I. (2000). U.S. Patent No. 6,044,376. Washington, DC: U.S. Patent and
Trademark Office.
Ware, S. (2001). Paying the Price of Process: Judicial Regulation of Consumer Arbitration
Agreements. Journal of Dispute Resolution, 2001, 89-100.
West, J., & Mace, M. (2010). Browsing as the killer app: Explaining the rapid success of Apple's iPhone. Telecommunications Policy, vol 34, issues 5-6, pp 270-286
Powell, W. W. (2005). Getting into print: The decision-making process in scholarly publishing. University of Chicago Press.
Innovation in apple sets high standards that make it difficult for other companies to compete with them. Throughout the recent years Apple has been showing a non-stop development in its innovation strategies, those innovation strategies involve remarkable new products and innovative business models. Apple has been continuously succeeding in providing consumers with what the senior engineering manager in apple Michael Lopp describes as “really good ideas wrapped in really good ideas” and by Looking at apple’s sales since it started releasing its unique products we see that it strongly agrees with this description. Apple’s innovation-friendly ecosystem focuses on manufacturing its own hardware rather than just buying it, and that is one of the most important features that made them who they are today in the market.
Over the last decade, Apple, Inc. has been one of the most successful company in the world. Apple is a multinational corporation that designs the electronic, manufactures, sell a several of related software. It provides many products for example iPhone, iPod, iPad, Mac, Apple TV. The important factors that Apple, Inc. use is technology. Technology with new innovation has the advantage that help an organization to beat with another company. And bring more competitors to the market. Most of the product in electronic industries are based on innovation. Thus, in order to achieve the goal and keep up with their competitors, Apple must frequently introduce new products or services
The multi billion-dollar corporation, Apple Inc., designs and manufactures some of today’s highest technological gizmos and gadgets. Among their best known products are the Apple and Macintosh computers, iPods, iTunes, iPhones and iPads. Apple is one of the most powerful and influential high tech companies in the world. The success of Apple Inc. stems from the innovation and visions of co-founder and entrepreneur, Steve Jobs, the excellence of the stylish, user-friendly products, and the ability to create innovative products that consumer’s desire.
Within the last decade Apple has become one of the largest growing companies in the world and the largest valued company in the United States. According to a recent article in The Guardian, a global financial news website, “Apple set a record by becoming the first company to be valued at over $700bn (£446bn).” (Fletcher, N. 2014) This comes as no surprise to the average computer aficionado and shareholder as Apple has been making a name for itself since its inception. From its earliest Macintosh models to today’s iPhones, Apple has been a trailblazer for software, technology and revolutionizing the way we communicate on a Macro level. Their dedication to innovation, quality and service has made them
Wechsler, J., & Lane, M. (1983). U.S. Patent No. 4,370,272. Washington, DC: U.S. Patent and Trademark Office.
Apple is known for its various products including the Mac computer, the iPod, the iPhone, and the iPad. Founded in 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne, Apple has become a dominant company around the world ("The Apple Revolution: 10 Key Moments"). By incorporating cellular technology into the iPod, the iPhone was born and has been a major success for Apple (Noren). According to Eric Noren, in the article “Analysis of the Apple Business Model,” the iPhone was not necessarily a better phone, but it created an internet device “that made cell phones look like cheap, dumb pieces of plastic”. Steadily focusing on ease of use, quality construction, and customer experience to develop its hardware, software, and cloud service integration, Apple has advanced into a powerful mobile platform (Noren).
Apple Inc. has over the years grown to become one of the largest corporates in the globe. The company specializes in electronic devices and over the years its product range has expanded to include the iPhone, iPad, Apple watch, Macintosh computers as well as cloud services among other products. While most of its products have had some level of success in the market, the iPhone has by large experienced the most success. This is illustrated by the fact that the company has sold over a billion iPhones since the launch of the product in 2007. Consequently, Apple Inc. has become synonymous with the iPhone despite having a much wider range of products.
is yet to reach its maximum potential. Truly a unique entity in its accomplishments and organization, apple through the conviction and leadership of Steve Jobs its founder and then CEO; have pioneered the revolution of mobile technology. When it comes to strength, apple Inc, has a great marketing team with great marketing and advertisement capabilities, strong brand awareness, a strong and extensive distribution channel, and most of all a vertical integration and the most obvious which is customer loyalty. With the acquisition of valuable companies such as Beats, WhatsApp, mobile payment systems with the IPhone 6, wearable gadgets like the IWatch, apple uses these opportunities to satisfy its loyal
Apple Inc is a multinational organization in America and has its headquarters in California. The organization specializes in the design as well as development of consumer electronics including: computer software 's, and also personal computers. The organization has for long been offering a broad range of communication mobile communication as well as its own company software’s. The organization has quite an upright name in the business world. For a long period it has been producing quality product and their designers really bring out uniqueness in their products (Linzmayer, 2004). Apple Inc has established itself as being the world’s leader in innovation. Thus according to statistics; it is classified as being the fourth most valuable technology
Apple Inc, founded in 1976 by Steve Wozniak, Ronald Wayne, and Steve Jobs, headquartered in California is a multinational technology giant. Developing, designing creating consumer electronics, computer software, online services. Well-known for the iPhone, iPad and Mac computers, Siri and the IOS operating systems which transfers and sync on all apple devices with just one click. Consumers like myself are fascinated with all things Apple. Apple fashioned an assortment of deceives and programs that are not only visually cool but also easy to use and makes my life easier. Apple is significant to me since my Blackberry crashed twice (I lost everything), Apple’s Icloud stores all your information in one step in the cloud. Imagine the world
Apple was founded in 1976 by Steve Jobs and Steve Wozniak, who were determined to change the way people were utilizing the computer. From then Apple has been able to grow its business into one of the most prominent company in the world. Apple Inc. is an American company that creates software, cellular phones, computers and consumer electronic products as well. Some of the Apple products most recognized products are the iPod, iPhone, Mac, and the recently new iPad. They have established over 300 retail stores in about 10 countries around the world. Many people do not know this, but also service numerous of computer software, such as Mac OS X operating system, Final Cut Studio, Logic Studio, iOS, which is a mobile operating system that hosts
Targeting who your customers are is the future of your business. Figuring out what motivates them to purchase goods or services, where they buy them, and who buys them are parts that need to be determined to gain a foothold. By collecting data on specifics such as age, gender, location, economic status, who buys your products both currently and in the future, among other information, will determine who your customer base is and how to market them and retain them. By specifically targeting these categories, it paints a clearer picture of how to target. By taking the four P’s into consideration; Price, product, promotion and place, this also helps you figure out what your value drivers are that makes you understand what drives the customer’s decisions for the purchases and what the most important factors are to them. Understanding the customer’s needs is the basis of selling your products. Designing your products, pricing and marketing efforts with your customers in mind puts you in a far better position to win their business. By collecting data as well as sales data, both past and present, you can collect enough information to evaluate their needs and hone in on your target market. Apple Products is an outstanding example of how they use customer information to
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.
Because of company’s exclusive past in their entitlement to “think different” but likewise being diverse, customers are enabled to bond with this approach (Hastings et.al, 2015). Most people have the ever enhancing will to be improved which is portrayed by Apple to its every customer consequently; Apple’s personality is not just capable to bond the customers with existing sells of the customers but also with the perfect self (Cheng et.al, 2017). Additional point that can be highlighted that Apple always strive for best that determines its personality, the latest, well equipped, and improved iPhone is launched every year into the market and it is always the finest in the market until the flagship devices are sent to the market by other companies (Chen & Ann, 2016). However, the devices that are med by Apple are the best possible devices that company can make. There is no concept of mid-quality or low-quality phone with respect to the market segment, there is one quality that is sold under Apple brand, and this transforms their personality from being the best personality as the best services that can deliver to its customers (Esmaeili et.al, 2016). This cannot be experienced with other brands which produce equally attractive electronics devices, operational, competitive, but also produces mid-tier devices (Wasko & Apple,
emerging or new market. It can originate from new technology or new market opportunities (Eliashberg, J., Lilien, G. L., & Rao, V. R. 1997). Literature defines product development as exploiting an untapped market opportunity and turning it into a value product for customer satisfaction. Development and introduction of a new product requires extensive research on understanding customer needs, market structure, emerging trends and analysing the internal & external competitive market environments. To evaluate customer satisfaction previous researches provide strong relationship between customer satisfaction and product quality, product features and value for money. ***