Apple has seen several strategic changes happening since the departure of Steve Jobs. It is a huge indicator of the kind of power it derives from its organizational structure. Strengths The iPhone: Sales of the revolutionary smartphone have undoubtedly cooled off a bit lately, inching just 0. As the old saying goes, a strong foundation always makes a strong building; the internal strength often gives the company the ability to get back even after a serious fall. It even roadblocks that could seriously hurt growth and profitability.
On the other hand, Apple has to face some external factors. Apple has struggled in the past with developing markets such as in India. Has abused option granting in the past and refuses to pay a dividend despite a huge and growing cash level, no debt, and gobs of free cash flow. This condition necessitates that Apple develop a diverse set of strategies to ensure its competitiveness and business growth. Protection of brand value is a top priority for Apple because it is critical for customer loyalty, retention, and purchase intentions.
Additionally, Apple uses their brand to sell a lifestyle. With , which will arrive later this year, Google will add context-based searches of apps and replacements of app-based browsers with Chrome overlays. Its products can be easily distinguished from others and apart from aesthetic beauty they are know for their distinctly different technology. The Company is committed to bringing the best user experience to its customers through its innovative hardware, software and services. Why iPhone X Isn't The Answer To Apple's China Problem. Second, Apple has loyal customers which most of the time willing to stand in line all day long just to be one of the first people who get their new iPhone, iPad, or Mac.
Under the leadership of Tim Cook, its performance has risen sharply in the global market. Still, Apple can solve this problem in order to win the products competition by being the first brand creating new innovations. His work is published in many publications, including. When he dies, the company will take a severe blow. It remains to be seen how many people need a truly impressive speaker.
Weaknesses Google's greatest strength is also its biggest weakness. Apple is already taking action to minimize the impact of these threats in the future. Being a customer centric organization, it has always brought products that customers can fall in love with. Disclaimer: This case study has been compiled from information freely available from public sources. All investing, stock forecasts and investment strategies include the risk of loss for some or even all of your capital. From labor to product safety and data, in all these areas, there are several laws which can vary from region to region.
Sales of its notebooks products is also very strong, and represents a huge contribution to income for Apple. High cost of products also means fall in market share. The Rokr mobile phone device was developed by Motorola. This is in addition to problems with early iPods that had faulty batteries, whereby the company offered customers free battery cases. Clever and takes advantages of people's frustrations with other hardware.
Leverage the to turn into strengths. For example, the company carefully selects the authorized sellers of its products. Many stocks are struggling in December, one of the usually most profitable months for companies. It must create a stronger patent portfolio to discourage those trying to make fake options. Many of these companies make more money from iTunes i. Whatever the problem or the threat might have been, every comeback by Apple has been stronger than the previous one. Almost all iPhone users will buy another iPhone, says survey.
Apple priced itself out of the personal computer market, and that remains a problem. If Apple is a rich brand then apart from the high sales of Apple products, its high profit margins have also played a critical role in it. The price factor therefore limits its customer base. While the laptop industry saw a slowdown in the recent years, the smartphone industry has kept growing faster. This internal strategic factor is a major strength because it maximizes profits, even when sales volumes are limited. Weaknesses are internal factors that are obstacles to business growth. It identifies all the key strengths, weaknesses, opportunities and threats that affect the company the most.
The long-rumored competitor to Amazon Echo and Google Home was, fascinatingly, framed as anything but. The difference — and this is why the iPhone is so much more dominant than any other Apple product — is that everyone already needs a phone; the only question is which one. . Customer loyalty: Another major strength the Apple brand is the high level customer loyalty that the brand enjoys. Additionally, by maintaining a rather premium pricing, profitability is one aspect that Apple does not compromise on.
And further legal battles could well create an overhang in the stock, as this latest one seemed to do, at least marginally. However, its premium products have premium price tags and this is why its customer base is limited to the higher end mostly. This partnership also allows Apple the chance to capitalize on another opportunity: holiday sales. To stay relevant, Apple needs to keep up with its brand image and maintain a flawless reputation. Photos and Maps are used by the majority of iPhone customers, even if alternatives offer superior functionality. Essentially these are inadequacies that could possibly dent its leadership position in the market and also could hinder overall growth.