2020 Â© PapersOwl.com - All rights reserved. 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. It sells a variety of software and related services which include networking solutions and applications. The sample essay on Swot Analysis Apple deals with a framework of research-based facts, approaches and arguments concerning this theme. Through this Apple SWOT Analysis report, one can learn the exclusive details of Apple. This weakness however is a disadvantage to consumers but an advantage to the company since it enhances the security and sale of its auxiliary products. Appleâs Threats. Moreover, Apple SWOT analysis or SWOT analysis for Apple would provide an understanding of the Apple strategic situation. It has millions of loyal customers with steady increment. Your information is safe and will never be shared. Apple Company swot analysis Free Essay Example. Sales of its iPod music player had increased its second quarter profits to $320 (June 2005). There are many other parties, such as competitors, customers, shareholders and others interested in the SWOT analysis of a company (Coman & Ronen, 2009). There has been a significant change in market penetration by other brands in the smartphone market. 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. Swot Analysis For Apple 1055 Words | 5 Pages. SWOT analysis involves the development of strengths, weaknesses, opportunities and threats that are encountered by a company during normal operations. To increase its profit margins and have a strong market position, Apple should utilize artificial intelligence. Apple was founded by two college dropouts Steve Jobs and Steve Wozniak in April of 1976. Currently, the distribution network that Apple has is very limited and leaves room for minimal growth. 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. They might be entering into areas in which they lack competencies; remember the failure of Apple maps. The favourable brand perception had also increased sales of Macintosh computers. original papers, This example has been uploaded by a student. Apple launched its first product ‘Apple 1 computer’ in 1976. It isn’t big news that Apple is a demanded brand in corporate offices. Additionally, Apple has invested in their electric car project and is competing with other inventors such as Tesla with their innovation. How Does Credit Karma Work and Make Money? Tim Cook established a capital return program for the investors, this move helped them feel that the company had their best interest at heart and reaping out of their investment (Heracleous & Papachroni, n.d.). Companies like Samsung, HTC, and Lenovo are using Android software to create new smartphones. As the competition is getting stronger, Apple either has to introduce new technologies or revise its pricing policy to stay ahead of its competition. Apple is already planning to expand its, Apple has the opportunity to focus on delivering, Apple is highly dependent on China for its manufacturing and supply chain. We can create an original paper just for you! With the expansion of their team, Apple can continuously build new opportunities. SWOT Analysis Apple Inc. Apple Inc. is a technology company that designs, manufactures and sells mobile electronics, software and other online solutions for the consumers of tech products. A management consultant and entrepreneur. ... Get a verified writer to help you with SWOT Analysis of Apple Inc. Their customer retention rate of 92% is phenomenal. We are just scratching the surfaceâ¦. These opportunities have come about from customer demands and the need to keep up with technological advancements. Apple competes with firms like Samsung which also uses rapid innovation strategies in the company. Careful study is initiated and further research is performed to help understand customer needs and requirements. Apple has been expanding its services portfolio for many years. In the Years to Come. SWOT Analysis The first class-action lawsuit was filed on December 21st, 2017 and alleged that Apple’s actions not only negatively affect the resale value of their products but also forces its users to upgrade to newer versions prematurely. Coronavirus Outbreak. Collusion between the two giants makes it, Apple is yet to launch products that are created using green technology. And we start to see it as a mother of all A.I. SWOT Analysis for Apple Inc. and Samsung Company. 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. This is done by dividing the page into four squares and entering strengths and weaknesses (internal factors) in the top two squares and opportunities and threats (external factors) in the button square. thanks… nice study outcome.. tq for the article.. Apple utilizes economies of scope to increase [...], "In the 1980âs technology would begin itsâ evolution into the twenty-first century of instant communication which would in return bring positive cultural benefits and infringements on national security. In this essay, Iâll discuss how we use SWOT analysis to evaluate Nissan Co. SWOT analysis is an analytical tool that is frequently prepared by business people to measure their business working progress. SWOT is a valuable tool for analysing a businessâ outer and internal environment. Apple charges a 30% cut for in-app purchases through its app-store. Uber SWOT Analysis 2019 | SWOT analysis of Uber. This strength has evolved over time from the conventional mobile devices to having a wide variety of Apple products, more electronic devices, and more software tailored to meet the consumerâs needs. : ). Customers have to exclusively purchase Apple apps or accessories to continue using their Apple products. As of late, Apple has worked together with specialists in the undertaking including Accenture, Cisco, Deloitte, IBM, and SAP. Apple marketing relies heavily on its iconic and flagship retail stores. In 1977, Apple was incorporated in Cupertino, California. In a recent webcast, Mark Zuckerberg, Facebook’s CEO, criticized Apple for its monopoly on App Store and hefty charges. In addition, Apple has introduced many new services in 2019, such as Apple TV+ (launched in Nov 2019), Apple news+ and Apple Card (credit card services), Apple Arcade (game subscription). After leaving Apple, Steve started and cultivated his own business ideas such as NeXT computers, a portion of Lucas [...]. One of the strengths of Apple is its unique ability to come up with its own hardware and software solutions. 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