Preview

Apple Inc. Strategic Management

Satisfactory Essays
Open Document
Open Document
957 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Apple Inc. Strategic Management
Case 10: Apple Computer and Steve P. Jobs (2006)
Issue/Problem Identification
1. Apple is known to provide customers with a personal computer revolution that is easy-to-use machine. It was founded in 1976 by Steve Jobs and Steve Wozniak. Apple was a success at the beginning period of its production due to marketing and technological innovation and the company has invented. Apple grew quickly as the development of the products increases and the revenue continued to grow. Apple’s business strategy is to focus its products on differentiation by providing a unique product that is impossible to clone and charges its products at a premium price. In 1983, Apple faced a difficulty because PC entered the market and was marketing their products at a low price to its consumers taking some of Apple’s consumers. About two years later, Job resigned and John Sculley became the CEO and Chairman of Apple. With Sculley taking over, Apple increased its sales in the 1990s and was selling more personal computers than any other companies until PCs using Microsoft Windows started to dominate the market. In 1997, Job was replaced back as the CEO and brought its products back to success.
2. One of the major overriding issues in this case deals with the management team. The CEO of Apple was continuingly changing. The result of shifting CEO made Apple unstable. The company was successful at the beginning of the business and after a few years when a new CEO took over, it was faced with a couple issues, and the CEO was replaced once again to bring Apple back to the competitive market. Another major issue to the case includes the late filing of the quarterly report. Apple was warned by NASDAQ of their possibly delisting. Because Apple was having difficulty with their options accounting, the company took more time to figure out what to report for their third quarter. Yet, Apple was not the only company that faced this issue. More than 7,300 companies were also faced with the same issue.
3.

You May Also Find These Documents Helpful

  • Better Essays

    Mkt230 Unit 3 Assignment 2

    • 1276 Words
    • 6 Pages

    Started in 1976 Apple Inc. was a small computer technology company run out of a garage by three young men, Steve Jobs, Ronald Wayne and Steve Worniak. Up until 2001 Apple only produced consumer computers that were faster than the market competition but reasonably priced. However big changes were seen in 2001 as Apple released the first generation of iPod portable digital audio player, and saw tremendous success in the marketplace with more than 100 million units sold over 6 years. This also sparked the creation of Apple’s iTunes Store which saw songs available for $0.99 and more than 5 billion downloads by 2008 (Wikipedia).…

    • 1276 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Apple was started in 1976 when Steven Wozniak and Steven Jobs joined forces. Wozniak created the Apple I which Jobs suggested they try to sell. The Apple I was not very successful. By 1980 the Apple III was introduced which increased sales tremendously and helped to employ thousands of people. In 1981, sales became more difficult because the market became populated with other competing firms. This is when John Sculley came into the picture as it was determined that Steven Jobs was not a good manager. Jobs worked with Macintosh to compete with the new IBM pc.…

    • 1967 Words
    • 8 Pages
    Powerful Essays
  • Best Essays

    BUS 640 Week 6 Final Paper

    • 3869 Words
    • 16 Pages

    In 1976, 21 year old Steve Jobs and Steve Wozniak together, in the garage of Jobs’ Cupertino, CA home, they founded a new company which they christened “Apple”. Their goal - create an inexpensive and simple to use computer. Apple was established in 1976. Apple was incorporated on January 3, 1977 as Apple Computer Inc. Apple is probably the most well-known company when it comes to manufacturing technology that is innovative.…

    • 3869 Words
    • 16 Pages
    Best Essays
  • Satisfactory Essays

    Apple's Strategic Assessment

    • 3278 Words
    • 14 Pages

    The need of the buyers is changing. Consumers are now looking for customized personal computers that can be taken anywhere and are moving away from the standard desktop computer. Need for mobility, consistent access and reliability are becoming more and more important for the consumer. As long as Apple is able to keep up with buyers demands they will continue in their market growth.…

    • 3278 Words
    • 14 Pages
    Satisfactory Essays
  • Better Essays

    Apple Incorporated has come a long way over the years, starting more than 3 decades ago in 1976. Apple was founded by Steve jobs, Steve Wonzniak and Ronald Wayne initially entering a niche market in the production of the first computer, the Apple I, followed by the Apple II in 1978. Apple began its career as a successful company based upon strategic innovation, and they remain that way today, but it wasn’t always sunshine and lollipops, they experienced their fair share of struggles too.…

    • 2776 Words
    • 12 Pages
    Better Essays
  • Better Essays

    Apple Inc. is one of the most well-known companies in the world. In 1976, Apple Inc. was created when Steve Jobs and Steve Wozniak created and released the Apple I. It was a slow process for the company and the two were not taken seriously at first. It wasn’t until 1977 when Apple released the Apple II at a local computer trade show. Over the years, Apple Inc. grew in to one of the largest home based computer company. However, during the nineties the company suffered a downfall in their sales when the competition began to increase. Apple was well known for having the best personal computers…

    • 1357 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Evironmental Scan Paper

    • 1781 Words
    • 5 Pages

    According to Apple they are a worldwide company that produces consumer electronics, computer software, and commercial servers. Apple’s main product lines include the iPad, iPhones, iPod music player, and the Macintosh computer. In April 1976 Apple’s founders Steve Jobs and Steve Wozniak produced the first Apple Computer with their introduction of the Apple I. They incorporated their company in January 1977 in California and have been in business for over 30 years. Apple has had an up and down track record over that time period but also several proven successful products and brands. They also have demonstrated continual innovation despite some down turns and rough times. The death of Steve Jobs in 2011 presents another down time and set back and presents Apple with a great challenge to continue its innovation and proven success under Jobs’ leadership.…

    • 1781 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Apple Swot Analysis 6

    • 985 Words
    • 4 Pages

    The combination of all elements mention above makes Apple the successful firm that it is today. Apple enjoys the administration of a proactive, visionary and charismatic CEO who got this company almost in ruins (having losses for two quarters in row and losing market shares) and he transformed it into a profitable the most admired corporation in the world. Becoming a design and product innovator that is ahead of the trends, it has only been possible because of strong research and development department. For example, the desktop computer is part of the screen, not a separate case with cables; the iPhone has touch screen and feels wonderful in the hand. Apple has also come up with innovative services like iTunes Music Store (providing music to customers at minimum price) which is an outstanding source of income, especially with the iPod and its availability to access Windows platform. Apple iPod not only helped increase company sales but also influenced people to get familiar with Apple notebook and operating system and also initiated the road for Apple’s brand recognition.…

    • 985 Words
    • 4 Pages
    Powerful Essays
  • Better Essays

    Apple was founded on April first, nineteen seventy six and incorporated January first, nineteen seventy seven. It was founded by Ronald Wayne, Steve Wozniak, and of course Steve Jobs as well. Ronald Wayne sold his shares to Wozniak and Jobs for eight hundred dollars soon after they incorporated and were selling the Apple I computer. Apple got its big break when they started selling the Apple II computer which contained an application that was a spreadsheet application that was very useful to businesses and so they found their first market to sell to, which lucky for them was booming and big. They started growing big when they came out with the Macintosh personal computer which was a huge hit in America and put them to be one of the top computer companies at the time. Steve Jobs left the company in nineteen eighty five and Apple got a new CEO, John Sculley. For the next ten years Scully and the Apple board somehow managed to ruin everything and put Apple into the gutter. They have had a couple of big failures and started to try and sell other technology products that all failed. In nineteen ninety five Apple decided to get rid of John Sculley and bring back Steve Jobs to head Apple. Steve Jobs took over Apple and turned it completely around. He limited the number of products Apple offered and made them good products. He started building a reputation to the public and the company…

    • 1753 Words
    • 8 Pages
    Better Essays
  • Powerful Essays

    Benchmarking Gene One

    • 2822 Words
    • 12 Pages

    Apple Computer opened in 1976 and went public in 1980 with the largest IPO since 1956. Like Gene One Apple grew quickly. From Apple 's earliest days, they were industry leaders controlling the largest share of the market through research and development and their leaders ability to anticipate market and demand changes. Apple increases sales, revenues and market share through new products such as Apple TV, iPods, iTunes, iPhones and opening retail stores for more sales and distribution. These ideas put Apple in business and have kept Apple ahead of its competition. Gene One projects a 40% increase in annual sales based primarily on new products and technology. This is precisely what Apple Computer did in the 80s.…

    • 2822 Words
    • 12 Pages
    Powerful Essays
  • Satisfactory Essays

    Harrison, J. S, & John, C. H. (2010) Foundations in strategic management Mason, Ohio, SouthWestern Cengage Learning.…

    • 4236 Words
    • 26 Pages
    Satisfactory Essays
  • Powerful Essays

    Apple was started on April 1, 1976 by Steve Jobs and Steve Wozniak. It humble beginnings led to one of the largest and most successful corporations in history. Today, Apple is a powerhouse of computer technology, putting out some of the most innovative products in the last 15 years. Things weren’t always great for Apple and the company has gone through its share of lows; in 1997, Apple’s stock was a mere $7 a share. Apple has finally found a sustainable strategy and, I believe has laid the foundation to sustain itself for many years to come.…

    • 1105 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Apple once again delivered very strong results in the face of hesitant consumers under recessionary pressures. Total revenue growth for the latest quarter was +36% led by the Mac brand in personal computers at +51%. The MP3 segment led by the I Pod brand delivered growth of +1% while the iPhone sold 1.7 mm units.…

    • 760 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Apple's Corporate Strategy

    • 2254 Words
    • 10 Pages

    In our everyday lives, communication is very important in human interaction and is a quintessential element in building relationships. Same rules apply in the corporate world. An organisation must be able to communicate effectively to its concerned parties; this is known as corporate communication.…

    • 2254 Words
    • 10 Pages
    Powerful Essays
  • Best Essays

    Apple E Business

    • 2472 Words
    • 10 Pages

    Apple is an American firm that designs and sells computers, electronics and computer software (Apple 2011). The company got its inception in 1976 by three main people. They were Steve Jobs, Steve Wozniak and Ronald Wayne. At start the company only focused on the manufacture of computer hardware. Its first product of computer was named Apple I. The company later introduced its other products in 1977 and 1980 respectively (Apple 2011). These were named Apple II and Apple II. The company later introduced the Lisa and Macintosh in 1982 which had more advanced features.…

    • 2472 Words
    • 10 Pages
    Best Essays