Monday, May 27, 2019

Apple: the Leader in Computer and Mobile Technologies Essay

orchard apple tree had been a very successful company since its foundation in 1976. It has been a leader in the computer and mobile technologies field since its first release of the orchard apple tree- I to the most recent revolutionary ingathering, the iPad. Through its plaza competencies innovative design, advanced technology, ease of use, and insurance premium pricing strategy the company has always positioned itself as a quality leader. Despite their disadvantage in pricing, Apple has seen consistent success throughout its history, specifically since the release of its new mobile devices, as is evidenced by the 15-fold increase of its share price since 2003. Since its early years, Apple has had a drive for innovation and excellence, stress to release new hit products every six to twelve months. This strategy has been greatly successful for the company, as their new products are redefining the industry every year. These products brush aside continue to be refined and perfecte d to appeal exactly to the companys target market.However, Apple can still improve its positioning by targeting solely towards the home consumer and by staying ahead of its competitors in its product innovation.With the release of the iPod in 2001 and the subsequent introduction of the iTunes Music inject in 2003, Apple had created a dominant position for themselves in the sale of mp3s and mp3 players. The iPod, like all of Apples products, had a significantly higher price than the mp3 players of its largest competitors. However, the iPods sleek design, elementary user interface, large memory, and most importantly, unique compatibility with iTunes, the worlds largest music library, all but guaranteed its success in the consumer marketplace. Profits from music sales remained beginning due to a high cost structure. Though as song sales numbers boomed with low profits, iPod sales rose alongside. Sales through the iTunes Store provided a loss leader for the much much profitable iPod s. Though new products have become available in recent years, the iPod remains an exceedingly effective business segment as Apple made over $12 billion in 2009 on the iPod and other music products. Another Apple innovation would come in 2007 with the release of the iPhone. The company spent years of research in secrecy recreating the phone and took the difficult to enter industry by storm. The iPhone was similar to many another(prenominal) other modern smartphones with the exception of its 3.5 inch touchscreen technology. The iPhone appealed to the home consumer due to its intuitivism, matching Apples core competencies to the home consumers sensed value. AT&T, the sole provider of the iPhone to consumers, would not issue a subsidy on the phone which ran at an average of about $200 more than competitors versions of the smartphone. With more competitors poised to jump into the computer tablet industry, Apple needs to take a stand to differentiate their product from the competitors . I suggest that Apple does this by combining the three of their products into one, well-rounded, all-inclusive, entertainment hub that captures your original vision. The new premium iPad would offer phone capabilities with the assistance of a new hands free headset designed to be similar to the Bluetooth. This new wireless headset would allow the user to remotely control the phone and music aspects of their premium iPad. The ability for a consumer to walk into one of the many Apple Store locations and download and stream a movie of their choice on a same Apple TV would nearly sell the product itself, as has been the case for all of the products Apple features in its retail locations. However, these costs would be miniscule to the revenues Apple could earn from following this unstoppable trend small-arm it is still budding. Using Porters 5-Forces, it is clear to see that this industry is ready to be attacked by Apple. Conclusions and recommendations After analyzing the company an d looking at its strengths, weaknesses, core competencies and strategic positioning, I feel I have been able to identify some problems as well as some opportunities for Apple Inc. in the picayune and long term. My recommended action plan focuses on improving the already thriving markets of the iPhone and iPad, as well as maintaining their market share and differentiating them against the competition. Also, I have suggested that Apple Inc. should revisit a project they have experimented with in the past and try to capitalize on the next unstoppable trend in todays society.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.