Preview

Issue About Managing to Keep Apple Fresh

Satisfactory Essays
Open Document
Open Document
362 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Issue About Managing to Keep Apple Fresh
Issue about managing to keep apple fresh
This report analyse a management issue about ‘Apple’ company managing in keep their product fresh. Apple produced some most great and popular products in the world like ‘iphone’ ‘I pad’ and also invest more in technology development to update new function and applications. By evaluates the risk for investment of technological items, people may consider that is it worthy to invest?
Apple stays fresh by employee right people and developing their ides and also themself, pushing ahead their technology and apply new function on their products. (WILEY, 2011) It is successful in updating their products and adapting to user needs. But there was no obvious effect on overall sales from technology investment. According to the company 's annual report, Apple R&D invested $3.4 billion, spending up nearly 40 percent in 2012. The year prior, the company spent $2.4 billion, up $647 million the year from before. (Lowenhosn, 2012) While the cost went up, the amount Apple spends on R&D versus its overall sales remained tiny. As in 2011, Apple 's tally for 2012 remained at 2 per cent. There was no obvious effect on overall sales from technology investment. Various studies suggest that between 50 and 80 percent of new products fail—the greater the rate of new product development, the higher the failure rate. (Reference For Business, n.d.)
It is not worthy to invest large amounts of money to develop very advanced technology for Apple’s profit. Keep fresh and high technology can make products competitive and popular. But it will become harder and harder to develop technology and new function and also cost more and more money. Apple’s managers should consider negative investment in keep their product fresh.

References list
Lowenhosn(2012). Apple R&D spending up nearly 40 percent in 2012 Retrieved from http://news.cnet.com/8301-13579_3-57543370-37/apple-r-d-spending-up-nearly-40-percent-in-2012/

Reference For Business. NEW



References: list Lowenhosn(2012). Apple R&D spending up nearly 40 percent in 2012 Retrieved from http://news.cnet.com/8301-13579_3-57543370-37/apple-r-d-spending-up-nearly-40-percent-in-2012/ Reference For Business. NEW PRODUCT DEVELOPMENT. Retrieved from http://www.referenceforbusiness.com/management/Mar-No/New-Product-Development.html#b Wiley(2011). Management Foundations and Applications. P28. Case for critical thinking Managing to keep Apple fresh.

You May Also Find These Documents Helpful

  • Better Essays

    The company has two major hurdles that it continually must battle to be successful. The first is the rapid advancement of technology in a monopolistic competition. The second is the expectations of its customer base. There is a significant amount of competitors within this market that are constantly dueling to be cutting edge or have the latest technology. The other is the customer base and their requirements to have a product that satisfies their needs and wants for his or her everyday lives. The uniqueness that Apple has is that they are a luxury product maker and thus must provide a product that tips the scale and compels one to want to purchase such a product. Thus far, Apple clearly understands this dynamic and is doing very well and looks to be pulling…

    • 1713 Words
    • 7 Pages
    Better Essays
  • Better Essays

    The senior management of Apple needs to understand what it is consumers want and how to deliver it to them in a manner which will allow Apple to regain its leadership position. They need to consider the variables that will bring customers back to the iPhone; one of the largest variables is the current economy. Apple has begun to make changes with production by inviting the FLA to inspect its supply chains; this change is to build customers trust and respect. Competition is healthy for organizations; Apple will need to make continual changes in order to become and to stay the industry leader within the smartphone…

    • 1801 Words
    • 8 Pages
    Better Essays
  • Good Essays

    Around the time of Steve Jobs death, Apple is the leader in its industry. If a new ‘cool’ product was to be invented, marketed and brought to consumers, it was Apple. In Burrows and Satariano article “Can Phil Schiller Keep Apple Cool?” they quoted Trip Chowdhry, analyst at Global Equities Research who leaves an open question asked of all great companies who became the clear cut leader in their industry; “They’re at the top----and when you’re at the top, there’s only one way to go if you don’t reinvent yourself” (Burrows & Satariano,2012). Generic strategies that can be implemented to prevent a down slide is continue to forecast consumers’ needs 3-5 years in advance as well as continue to overspend in research and development.…

    • 493 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    In the last decade Apple Inc. has yielded exponential growth. As a company, the imaginative and invocative approaches of technological product advancements have enable Apple, Inc. to achieve an elite status among technology companies throughout the world. Apple, Inc. serves as an inspiration to many companies through higher benchmark standards they created. Though their product margin is not as vast as most technological competitors, Apple, Inc. innovates and releases a new product to consumers. Apple, Inc. has proven to able to move and create new markets with one product that allows Apple, Inc. to rain as the elite player in technology.…

    • 1351 Words
    • 6 Pages
    Powerful Essays
  • Best Essays

    BUS 640 Week 6 Final Paper

    • 3869 Words
    • 16 Pages

    Apple Inc. commonly known as Apple has effectively managed to be a successful company in a very competitive consumer electronics industry by been innovative and differentiating the company’s products with similar products in the markets by offering high quality products and good customer service while the actual manufacturing of the products is outsourced to trusted third party suppliers. On a wider perspective, the company has set high standards that even the company itself has to be on its level best to maintain the standards that it has set. Over the last few years, the consumer electronics market has become heavily commoditized which as a result has seen intense completion from competing firms in the industry where price has become the main aspect of the competition. By making use of the talented research and development team, Apple has been able to position its products as the best in terms of innovativeness, performance, and reliability while compared to similar products in the market. This paper will examine the history of Apple Inc., Apple financials, risks or uncertainty, government regulations affecting Apple, pricing strategies, demand elasticity for Apple products, Apple’s profitability, competitive environment, and mistakes in its decisions over time and recommendations for improvement.…

    • 3869 Words
    • 16 Pages
    Best Essays
  • Powerful Essays

    Apple Inc. is world famous for creating the Mac. They are known by everyone and everyone knows they are the best when it comes to electronics. Apple has created MacBook’s, IPod’s, and ITunes software and know the MacBook Air. Almost every year they seem to come out with the latest technology. Because Apple is so well known, many think they are thriving, but the real question is are they? In this essay you will read about Apple Inc.’s progress and areas that need to be fixed. The Apple brand is so well known with high popularity, it enables the company to create premium pricing and significant demand for its products. When people buy electronics they prefer to buy their products because of the brand and quality. This also gives them an advantage over regional and global competitors, but because of the increase in popularity of the Android; can affect the attraction of Apple’s iOS and can affecting their market share. The company’s strength mostly comes from the brand. It also claims a strong financial performance and gives major capital for future growth (Apple Inc., n/d). The R&D team is constantly pouring innovation and combining its…

    • 885 Words
    • 4 Pages
    Powerful Essays
  • Satisfactory Essays

    Apple Project - Paper

    • 17554 Words
    • 71 Pages

    The strategic analysis revealed that there is reason to expect continued redevelopment of products. An analysis of Apples core capabilities,competitors and the development in consumer behavior and disposable income further reveals that Apple will experience growth in net sales as the result of being one of the most innovative and differentiated companies in the world. Meanwhile the competition is expected to intensify in the coming years which will result in reduced gross margins. However, as a result of Apples differentiated products it is believed that Apple will be able to maintain a higher margin than its competitors.…

    • 17554 Words
    • 71 Pages
    Satisfactory Essays
  • Satisfactory Essays

    The plea bargaining process is very important to the criminal justice system because without it the criminal justice system would grind to a halt. Plea-bargaining is important because if every case went to a trial it would take years for criminals to get from the time of arrest till the time of trial. The video we saw showed an example of how the process works to get criminals who plea guilty to committing minor crimes through the system faster so that the courts can concentrate on those criminals who commit major crimes. In this video you can see some of the variables that enter into the plea-bargaining system and how they can be fair and unfair to the parties involved. You can see the quality of legal representation…

    • 764 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    3. Innovation – Apple’s core products have enjoyed largely rave reviews and enormous profits, but the target market is starting to feel that Apple products are not as revolutionary as before. Even though the processers and screen quality continue to rise, the need to upgrade or buy another version of the same product is waning in consumer’s minds. Apple cannot lose sight of this and continue to explain the benefits of its products to consumers.…

    • 798 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Apple has done an excellent job of developing a very distinct strategy through industry leading innovation. This strategy has allowed them to be the frontrunners in new product introductions and the improvement of existing products. Apple has employed a differentiation strategy in an attempt to meet the needs of a global market by offering customers innovative new products and improved existing products. An important part of their strategy involves meeting the needs of the evolving digital electronics and computer markets. Apple has chosen to implement its strategy by designing and developing its own operating systems and software technologies. This has allowed them to be very flexible in developing new products as they have complete control over the software and hardware.…

    • 2521 Words
    • 11 Pages
    Powerful Essays
  • Good Essays

    In this essay, I am going to explain how Shakespeare uses dramatic devices in order to make it such an interesting, exciting and important scene. Also, how Shakespeare explores violence and conflict conveyed by the two families in reference to Act 3 Scene 1 of Romeo and Juliet. I will comment on the use of language, the themes Shakespeare sets within the play and the effects on the audience intended by him.…

    • 4162 Words
    • 17 Pages
    Good Essays
  • Good Essays

    Apple 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 Apple- I to the most recent revolutionary product, the iPad. Through its core competencies innovative design, advanced technology, ease of use, and 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, striving 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 can continue to be refined and perfected to appeal exactly to the company’s target market.…

    • 738 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    I think that as Apple continues to move forward with out the guiding force that was Steve Jobs, they have to consider the impact that competitors are going to have on their market share. There are now several competing devices similar to the iPhone, iPod, and iPad in the market place now. Apple will have to continue the tradition of innovation, and homegrown product development to stay on top.…

    • 361 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Apple Strategic Problems

    • 1855 Words
    • 8 Pages

    Nowadays many people around us use apple’s products. For example there is an iPhone, iPod, iPad, and iMac. The change of the Apple’s management strategy has a big impact on our daily life, so we conducted research on actual management situation.…

    • 1855 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    There are several steps in completing an animation in this speech I will tell you all of the steps and how they affect the final animation.…

    • 354 Words
    • 2 Pages
    Satisfactory Essays