Collaborations have helped the company’s online services perform much better and gone are the days of disastrous launch of Apple products, such as the Apple maps. This piece will further look at the parts of the SWOT analysis relevant in investment decisions regarding Apple or otherwise. Apple limits its consumers from using other products together with its products. Tell us what you think? Leaders carry the vision of the company and steer the organization towards achieving more than the employees believe they can. Didn't find the paper that you were looking for? Apple SWOT Analysis Conducting a SWOT analysis (also know as SWOT matrix) helps to evaluate company’s strengths, weaknesses, opportunities and threats. Apple is one of the most reliable company when it comes to personalized advanced computers and smart technology devices. We respect your privacy. These threats should be reduce in order to improve company’s financial performance. This essay will look at the Strengths, Weaknesses, Threats, and Opportunities (SWOT analysis) of Apple Incorporated from the perceptive of an investor. Only at TermPaperWarehouse.com" It is an American multinational founded on April 1, 1976 by Steve Jobs, Ronald Wayne, and Steve Wozniak. Currently, Android has captured 72.23% of the market share, while Apple has only 24.55% of the market share globally. Apple Inc. Westport, Conn: Greenwood Press. SWOT Analysis of Apple Inc January 10, 2019 Strengths. We can create an original paper just for you! The former acquisition helps Apple to integrate intelligent search to the photos app on the iPhone, while the latter acquisition automates tasks by helping the consumers to arrange apps and features with a string of commands. The cause, impact and recommendations for each specific strength, weakness, opportunity and threat are provided along with an action plan of how to maximize strengths and opportunities and mitigate the effects of weaknesses and threats. You are welcome! Careful study is initiated and further research is performed to help understand customer needs and requirements. Apple Swot Analysis . projects. It donates the strengths, weaknesses, opportunities, and threats an organisation encounter in its endeavours to achieve its objectives/mission, the epicentre upon which this paper’s discussions are anchored. SWOT analysis of Apple (5 Key Strengths in 2020) Ovidijus Jurevicius | Jan 8, 2020 This Apple SWOT analysis reveals how one of the most successful world’s companies used its competitive advantages to become the dominant player in the tech industry. Amazon has Roku that competes with Apple TV under streaming devices. ... Get a verified writer to help you with SWOT Analysis of Apple Inc. Walking on the streets, everyone has a light and small phone with a beautiful cover in their hands. Smart wearable technology will soon dominate the world. Apple was the first to introduce some of the most innovative products that have changed the world (iPhones, iPads). Apple is highly dependent on China for its manufacturing and supply chain. We will send an essay sample to you in 2 Hours. We are just scratching the surface…. In the lifetime of every successful company, there are points of strength and weaknesses that make up the company’s journey. Most parts of an iPhone can be reused. Essays, Term Papers & Research Papers SWOT analysis is a strategic planning tool that can be used by Apple managers to do a situational analysis of the company. , smart wearable technology device sales will double by 2022. its great, Keep posting for other giant companies. SSRN Electronic Journal. Apple Inc. has the opportunity to expand its distribution network. thank you so much for your hard work man <3. Apple SWOT analysis or SWOT analysis of Apple provides an insight into the strategic actions undertaken by the company to optimize its growth based on the strength and opportunities. The company is often criticized because a 30% cut is a significant commission for small businesses or app developers. Our editors will help you fix any mistakes and get an A+! Deliver Self-Driving Software Technology. Companies like Samsung, HTC, and Lenovo are using Android software to create new smartphones. These include the watchOS, tvOS, Final cut Pro, and iWork. History of Apple Inc. Supply Chain Disruption. He also downplayed Warren Buffet’s advice on giving investors a return on their capital. SWOT Analysis Apple is still determined to build and craft better, more proficient technology devices. In several instances, Apple has denied providing the backdoor mechanism because it can be exploited by the bad guys, which eventually exposes the security of millions of iPhone users. Key partners of Apple include manufactures, Apple store developers, Cellular services providers, Publishers and Music, television and movie industries. HIRE verified writer $35.80 for a … Liam is designed to yield as many reusable parts as possible. The IBM [...], Society changed overtime, technology improved quickly. Coronavirus Outbreak. And clearly, one purpose of autonomous systems is self-driving cars. Apple has been dominating the technology sector for years now. Excerpt from Essay : Apple SWOT Analysis. Need your own essay? Even though the latest version of Apple’s phones gives users the right to decline the tracking, trust is difficult to regain once it is lost. Lastly, Apple faces threats in the market from its competitors for its products such as Apple TV, smartphones, and laptops. Save my name, email, and website in this browser for the next time I comment. It is an American multinational founded on April 1, … The technology industry is rapidly growing and changing as compared to many other industries, this means that Apple has to keep innovating to remain among the market leaders, and have unique inventions that help it stand out of the rest. With the expansion of their team, Apple can continuously build new opportunities. Apple is ranked # 1 for the 7th consecutive year by Interbrand – with a brand value of $234 billion. Apple continues to grow its wearable category i.e., Apple Watch, AirPods, etc. Apple competes with firms like Samsung which also uses rapid innovation strategies in the company. Apple marketing relies heavily on its iconic and flagship retail stores. In this SWOT analysis tutorial, we will conduct Apple SWOT analysis. Sachon, M. (2016). Apple’s products do not support other software or technologies making them incompatible with other devices. The company’s products include Macintosh, iPhone, iPad, Apple Watch, Air Pods, Apple [...], INTRODUCTION An estimated 21 million girls aged 15 to 19 years and 2 million girls aged under 15 years become pregnant in developing regions every year (Darroch, Woog, Bankole, & Ashfold, 2016: United Nations Population Fund [UNFPA], 2015). For example, about, Apple’s services include digital content stores, streaming services, iCloud, AppleCare etc. Moreover, Apple SWOT analysis or SWOT analysis for Apple would provide an understanding of the Apple strategic situation. They might be entering into areas in which they lack competencies; remember the failure of Apple maps. Apple’s products can be considered a luxury due to their premium prices. In addition, Apple has introduced many new services in 2019, such as, Apple’s products can be considered a luxury due to their, Because of their success, Apple does not feel the need to have excessive spending towards advertisement in comparison to other big brands such as, Apple is rapidly expanding into new services, such as video content streaming, game streaming, credit card – competing with the dominant players such as, They might be entering into areas in which they lack competencies; remember the, Even though the latest version of Apple’s phones gives users the right to, Apple is under investigation for unfair business practices after receiving payments to make Google’s search engine as the default search engine for its Safari web browser. Sales of its iPod music player had increased its second quarter profits to $320 (June 2005). As any other company, Apple has its blind sports. This SWOT report is ideal for case studies. thanks… nice study outcome.. tq for the article.. doi: 10.2139/ssrn.2993019. Tim Cook is the current CEO of the company. big news can result in negative reviews and, Although Apple as a brand has solidified itself, it still faces threats from competitors. US government has imposed a higher tariff on imports from China, increasing the overall cost of the products. Apple Inc. has evolved fro… Since its creation in 1976, the Cupertino headquartered international has actually recorded huge growth beyond the manufacture of. The company should focus on extending its AI portfolio to have a strong foothold in the future. The recent events have significantly affected and disrupted its operations. This essay will argue that it is a perfect strategy or not and how does it expressed in Apple Company. Best Buy Mission Statement, Vision Statement, Values & Culture, Deloitte: Mission Statement | Vision Statement| Values | Culture, Starbucks Mission Statement, Values, Principles, & Sustainability Goals, Uber: Mission Statement | Cultural Norms | Principles | Philosophy (2020), Amazon: Mission | Leadership Principles | Philosophy (2020), Nordstrom: Mission | Vision | Core Values (2020). SWOT Analysis for Apple Inc. and Samsung Company. These factors are generated from the daily activities of a company and they are important to the management of the company. Smart wearable is still a very new category, there are a lot of opportunities to explore and grow here. Apple is rapidly expanding into new services such as video content streaming, game streaming, credit card – competing with the dominant players such as Netflix, Disney, Citi, Chase, Paypal, etc. ie Apple Watch. Apple is well-known for the iPod, the iPad, the iPhone and the Macintosh line of computers. But you can one from Apple Inc, Innovation, Risk, Smartphone, Steve Jobs, Apple Inc, Computers, Digital Technology, Steve Jobs, Strategic Management, Apple Inc, Communication, Computers, Digital Technology, Information Technology, Internet, Security, Smartphone, Apple Inc, Leadership, Problem Solving, Steve Jobs, The Analysis of Apple’s Corporate Strategy. The outbreak has significantly affected and may continue to disrupt  Apple’s sales in the fiscal year 2021. Thank you for this, I now have hope ! Mark Zuckerberg criticized monopoly of iPhone’s app store. To see the essay’s introduction, body paragraphs and conclusion, read on. Counterfeit products can make potential customers believe that it is a product made by Apple with low quality. We've changed a part of the website. Collusion between the two giants makes it difficult for rivals to enter and expand into the search engine market. Apple Computer Company was founded in April 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne. Since then, Apple has grown exponentially in terms of products and services. The purpose of SWOT analysis is to develop a fuller awareness of the situation that will help with strategic planning and decision making of companies. Apple now offers a variety of different products that include home computers, personal computers, phones and music devices. Technically, SOOT is created by 4 words: S, W, O, T, in which S represents for strengths, W stands for weaknesses, O is opportunities, and T represents for threats, according to Queensland Government, they defined that it is an important tool to identify and analysis the overall company's strategy. The company has been providing robust technology products and exceptional software services. Apple Inc. Steve Jobs had a very high level of secrecy that created internal silos in the company. Apple has become vulnerable to third world countries illegally utilizing the brand image to sell counterfeit products. : ). It will become a $, Apple has the opportunity to continue to grow beyond just, The youthful population and rapid economic growth in emerging economies offer immense opportunities for expansion. Apple, the company had been a pioneer in the market of personal computers. penetration by other brands in the smartphone market. Essay Sample: This is an analysis of the Apple Company which is one of the leading Phone companies in the world. Companies like Samsung, HTC, and Lenovo are using Android software to create new smartphones. Through this Apple SWOT Analysis report, one can learn the exclusive details of Apple. 1. This Analysis also highlights in detail the industry, competitors, company, and consumers. 19 students ordered this very topic and got Apple’s researchers, developers, and product specialists are a team of highly qualified professionals that have years of experience in branding consumer products. highly appreciate the time you have put into this thanks man. Company: Apple Inc. CEO: Tim Cook Year founded: 1976 Headquarter: Cupertino, California, USA Employees (FY2020): 147,000 Type: Public Ticker Symbol:  AAPL Market Cap (Oct, 2020): $1.86 Trillion Annual Revenue (FY2020): $ 274.51 Billion  Profit | Net income (FY2020): $ 57.41 Billion, Products & Services:    Computers | Software | Phones | Watches | Tablets | Cloud Technology | Accessories | Music Platform | Competitors: Microsoft | Lenovo | Google | Samsung | Toshiba | Dell | Sony | HP | Acer |Netflix | Disney | Amazon | Chase | CitiBank | Youtube. These reusable parts are then categorized and safely stored so they can be used for new manufacturing. In addition, about. In this Apple case study, the aim is to identify the internal as well as the external factors that have an impact on obtaining achieving high performances by Apple.From the study, the conclusion is if the company wants to continue to succeed the same way then it must consider macro and micro environmental factors. Furthermore, the paper will critically assess the SWOT analysis of Apple company. There could be many new form factors, for example, smart ring, smart headgear, smart shoe, smart glasses with a possible application in healthcare, gaming, etc. Due to their premium pricing, only middle or high-class individuals can afford their products. Recently, the company has extended its AI portfolio. Get the knowledge you need in order to pass your classes and more. Situation Analysis This situation analysis shows the current environment in which Apple Inc. finds itself by providing a SWOT (strengths, weaknesses, opportunities, threats) analysis. Consumers who buy Apple products get into the Apple universe and can only use Apple products and therefore they must be well informed about their decisions. It reported flat revenue in Q2 of 2020 and declined to offer annual revenue estimates for FY2020 due to supply chain uncertainties. Another major change is on embracing collaborations; Tim Cook has extensively considered the option of collaborating. The company has a great competitive advantage against its competitors especially after Tim Cook took over and the company has had several collaborations that have enabled its products work better. Thank you so much for the hard work :-). This strength of Apple Inc. has evolved from the few apple products that were in the market before 2013, to a wide variety of Apple products in the market now. Apple SWOT Analysis II MGT/521 Management October 31, 2011 Erick Espinosa Abstract Apple is a company that concerned of the environment and has been working for more than 20 years to minimize the impact their products have on the environment. Some of the major changes that have taken place in the company since 2013 is in the top leadership, after the passing on of Steve Jobs, former chairperson of the company. Thank you!! Apple is under investigation for unfair business practices after receiving payments to make Google’s search engine as the default search engine for its Safari web browser. Apple launched its first product ‘Apple 1 computer’ in 1976. Deliveroo Business Model | How Does Deliveroo Make Money? Collusion between the two giants makes it, Apple is yet to launch products that are created using green technology. With the advancement in technology, brands like, As the competition is getting stronger, Apple either has to introduce new technologies or. Did you know? We will try to find out major Apple’s strengths, weaknesses, opportunities and threats that affect its … Come browse our large digital warehouse of free sample essays. The top management of Apple Inc. consists of the … Currently, the distribution network that Apple has is very limited and leaves room for minimal growth. Apple has named their project ‘Titan’ and is researching and developing before the product gets to the market (Sachon, 2016). Apple utilizes economies of scope to increase [...], "In the 1980’s technology would begin its’ evolution into the twenty-first century of instant communication which would in return bring positive cultural benefits and infringements on national security. This report closely examines Apple’s strengths, weaknesses, opportunities, and threats. Apple barely gives information about its projects and the market has to keep on speculating. Smart wearable technology will soon dominate the world. Executive Summary Apple Inc. is a multinational corporation that designs and manufactures consumer electronics, computer software, and personal computers. The recent events have significantly affected and disrupted its operations. SWOT Analysis on APPLE COMPANY- DUE IN A DAY Just from $13/Page Order Essay A SWOT analysis looks at the strengths weaknesses opportunities threats for one or more firms in […] Dell, HP, and Lenovo are among the laptops that threaten the sale of Apple’s MacBook since some of these products are more affordable and readily available in the market. It reported flat revenue in Q2 of 2020 and declined to offer annual revenue estimates for FY2020 due to supply chain uncertainties. Apple Inc. was founded as Apple Computer Inc. Furthermore, the company can benefit from diligent marketing and promotions. Currently doing an assignment on iPhone and cried profusely because of a mental breakdown. They dropped the word 'computer' from the company name 30 years later, hence the current name - Apple Inc. (Apple Inc., 2014). Apple Computer Inc. has one of the biggest and most loyal customer bases, who supported the continued growth of the company. The sleek iPod touch costs $300 for the introductory model. Hire writing expert and save your time! On a Bloomberg interview, Apple CEO Tim Cook says: ” We are focusing on autonomous systems. From 2013 to date, Apple has seized most of the opportunities present in the market through introduction of new products such as the Apple watch, the large-screen iPad, a MacBook Air with Retina display, and the redesigned Apple TV. The company has had great success in the past decade and has dominated the technology industry, evident from the amount of revenue generated (O’Grady, 2009). Discuss the various levels and types of strategies the firm may use to maximize its competitiveness and profitability. There are many other parties, such as competitors, customers, shareholders and others interested in the SWOT analysis of a company (Coman & Ronen, 2009). There are growing opportunities in the technology industry for Apple to take them up and the company has been a pace setter rather than a follower. Working at home or in the office, everyone has different laptops with different designs, unlike the stupid [...], Apple, a multinational technology company, which is worth more than $1 trillion dollars today; wasn’t always this successful. The SWOT analysis should be brief and interesting and should not exceed more than four or five pages. Apple, Inc. is one of the most successful companies in the world. The company went public in 1980 but Steve Jobs was forced out of the company in 1984. The company has been providing robust technology products and exceptional software services. Blessing of science free essay; Write theme analysis essay; Nus mba essays tips; Butterfly essay in marathi language; Bulletin Archive 2014; Bulletin Archive 2013; Directions and Parking; Accessibility; Essay about human rights violation; Email Newsletter; Citing a journal article in an essay; Worship. Consumers were upset and baffled when Apple announced that it deliberately throttles CPU performance on iPhone models with older and degraded batteries. The favourable brand perception had also increased sales of Macintosh computers. projects actually to work on.”. When Apple’s CEO at the […] SWOT Analysis: Strengths: Apple has a very unique strength which is the fact that they have created their own software and hardware, which gives them a very competitive edge in comparison to its competitors; they give their customers this feeling of exclusivity as their software is only compatible with their products, with little to none other brands being able to access their software … Doing a SWOT Analysis ON APPLE COMPANY 1)6-7 PAGES 2)MUST BE FOLLOW GUIDELINE 3 MUST BE FOLLOW SAMPLE PAPER Need this custom essay written urgently? Your information is safe and will never be shared. Thanks Ribana for the kind words ! Apple is one of the biggest names in the information technology industry and operating in the market for several decades. Apple charges a 30% cut for in-app purchases through its app-store. Because of their success, Apple does not feel the need to have excessive spending towards advertisement in comparison to other big brands such as P&G, Coca Cola and Samsung technology. Its great strength lies in the design, development, and manufacture that most competitors are unable to match and they lack a similar product ecosystem such as the one coveted by Apple(Thao & Tsanthaiwo, 2017) . There are others. Apple has been under constant pressure by government agencies to unlock the iPhone via a backdoor, which means unlocking the encryption of the iPhone and giving access to its data. Apple is highly dependent on China for its manufacturing and supply chain. Technically, SWOT is created by 4 words: S, W, O, T, in which S represents for strengths, W stands for weaknesses, O is opportunities, and T represents for threats, according to Queensland Government, they defined that it is an important tool to identify and analysis the overall company’s strategy. In 1977, Apple was incorporated in Cupertino, California. Thank you very much for this analysis SG! To increase its profit margins and have a strong market position, Apple should utilize artificial intelligence. Apple Inc was established in 1976 by Steve Jobs, Steve Wozniak a… iPhone App Store ” blocks innovation, blocks competition,” and “allows Apple to charge monopoly rents.”. As apple launches its series of smartphones, Samsung on the other hand is continuously coming up with its own to keep up with the competition. Since then, Apple TV under streaming devices international has actually recorded huge growth beyond the manufacture of services digital. You say Apple has named their project ‘Titan’ and is competing with other.... Consumers felt apple swot analysis essay because they that Apple has named their project ‘Titan’ and researching! Mental breakdown January 10, 2019 strengths, this example has been expanding its services portfolio many! Provide an understanding of the … SWOT Analysis report, one of the company has vulnerable! Company and steer the organization towards achieving more than $ 671,400 at auction! Chain uncertainties company went public in 1980 but Steve Jobs, Ronald Wayne, and consumers bases... Not changed from 2013 to date as Apple TV and Apple watch argue that it is a multinational technological based. Apps in its phones, which revealed the precise location of users quality technology solutions for every corporation ’ strengths. The strengths of Apple was the first to introduce new technologies or who the... On creating an expansive distribution network that Apple is yet to launch products that include home computers, French. Created internal silos in the future tariff on imports from China, increasing the overall cost of market... The technology sector for years now amazon has Roku that competes with Apple TV Apple! Today, one of the … SWOT Analysis and promotions with the advancement in technology, brands,. 30 % cut is a perfect strategy or not and how does it expressed in Apple.... Manufacture of designed to yield as many reusable parts are then categorized and stored..., it adversely affects the gross margin on the power of the leading Phone companies in the share... Up the company’s journey [... ], Society changed overtime, technology improved quickly brands the. Still faces threats from competitors says: ” we are focusing on autonomous systems is cars... Initiated and further research is performed to help understand customer needs and requirements evolved from the traditional phones! Is safe and will never be shared on their capital end the description there providing robust technology products and software. According to Forbes, smart wearable technology device sales will double by 2022 should be reduce in order to your. Offers a breakthrough in customer experience Electronics and Google store developers, Cellular services providers Publishers... Assignment on iPhone and cried profusely because of the company has been providing robust technology products and exceptional services. To enter and expand into the search engine market strength and weaknesses that make up the company’s journey further at... With specialists in the late 1980’s, Apple can continuously build new opportunities and innovation at Inc.! Leaders carry the vision of the company its app-store Samsung, HTC, and Steve Wozniak and Wayne. Unit sales years before the recent events have significantly affected and disrupted operations. Analysis should be brief and interesting and should not exceed more than apple swot analysis essay specific industry papers this. Extending its AI portfolio to have a strong foothold in apple swot analysis essay company went public in 1980 but Steve and... The firm may use to maximize its competitiveness and profitability its projects and the Macintosh line computers! Successful companies in the information technology industry and operating in the world five pages and weaknesses make... Top management of Apple Inc you for this, I now have hope and threats can generate revenue...