The history of the Apple iPod has been continuously changing over the years. The first generation 2001 iPod was presented with the marketing strategy of “1,000 songs in your pocket” but that changed quickly in 2002 as the software changed allowing the 2nd generation iPods to hold up to 4,000 songs (Apple Inc.). With the release of the iTunes Music Store and the introduction of the 3rd generation iPod which was smaller, lighter and help up to 7,500 songs Apple sold more than one million songs in the first week and saw it’s millionth iPod sold in 2003 (Apple Inc.). 2004 was…
After the release date of the IPod, November 10, 2001, listening to your favorite music became easier than ever before. The main goal Apple was shooting for when creating the personal digital device was to create an extremely simple user interface and sleek design many users would appreciate. Many people who were walking around with a Walkman, or seemed uninterested in owning a digital MP3 device now own an IPod. The product line has grown so large that businesses and educational institutions accept it as a useful tool. For example, a college student is now able to simply download a lecture or audiobook from iTunes University straight to the device within minutes, making it extremely convenient to study effectively on a busy day.…
The name iPod refers to a category of portable digital audio players designed and marketed by Apple Computer. It is an exceptionally popular, portable digital music player that stores up to 10,000 songs on its 40GB hard disk. The earlier versions of iPod were only able to function as music players. Currently, it also includes features such as storing addresses, games and calendar. The iPod was originally developed for Mac computers but software was introduced in 2002 to support windows users .…
Although, Apple doesn’t own the invention of the MP3 format, which was invented in the late eighties, Apple introduced its own MP3 player, the iPod only in 2001and managed to be the firm which popularized the portable music player in the world.…
The core target market for iPod is young adults and teenagers. iPod a music player has a differentiated market segmentation characterized in age, gender and desire for image. It is targeted towards the people who have an enthusiasm to the technology and hobby, particularly in music. The iPod is unlike any other music player with its unique appeal to a remarkable range of ages and personalities. In general, iPod is designed for anyone interested in carrying the equivalent of hundreds of CDs worth of music, and numerous other files, in a small, easy-to-use design that fits in one's pocket.…
Apple has developed a high brand loyalty with their consumers. Consumers enjoy the high end products with transferable features and continue to return and upgrade products over buying new products from competitors.…
2) Threat of rivalry: Apple also does not have to worry too much about the threat of rivals. This was not the case prior to the introduction of the iPod and iPhone. Before the iPod and iPhone came along, most organizations within the consumer electronics industry put forth relentless efforts of R&D in order to introduce a product that was both new to the market and very unique. The problem for most organisations in this industry is that Apple had the most success with this before other firms. Once Apple introduced the iPod and iPhone, it quickly rose to the top and gained the advantage on rivals such as Samsung. Of course, it didn't stop there for Apple, as the company continuously innovated and introduced new products to the market such as the iPad.…
Although the 21st century has just begun, there have been many scientific inventions during the first decade of it, among which iPod is no doubt one of the greatest. iPod is a portable media player designed and marketed by Apple and launched on October 23, 2001. From then on, iPod has been the best digital music player in the world.…
In 2004 Apple came out with a mini version of its popular iPod, a device that stores music that is chosen and loaded by the owner. At the time when the iPod mini was introduced it cost $249, just $50 cheaper than an iPod which had more than triple the storage space. So why was everyone going so crazy over an device with less storage space and cost almost as much as the original, larger version? Well, Apple got creative with their merchandising of the iPod mini to get the hype and buzz going. They created a package that was sleeker, available in five different colors, and is 35% lighter than the smallest original iPod, with the same eight our battery time. This creative packaging and new look sparked a high demand for this product.…
Do you remember a time when Transistor Radios were the most technologically advanced form of listening to music? Or how about in 1984 when Sony introduced the Walkman? These are the key radios and handheld devices that led to the creation of the handheld CD player, and into the craze that is now the MP3 Player. Technology is a fast paced market. Much like Darwin used the term “Survival of the Fittest” to play upon natural selection and predominance, it can be found in the technology industry today. There are over 100 producers of the MP3 player, however, there are only about 7 key companies who stand a chance to rank as the top in the industry, a title currently held by Apple.…
Thirdly, Apple’s products provide innovative features. Not like its competitors which provide what customers want, Apple’s job is to figure out what customers are going to want before they do. From ipod to itunes, from iphone to app store, from ipad to iClound, they have kept giving new definition to music player and computer. These new definitions make customers willing to pay a premium price for Apple’s products. This premium price reinforces people’s belief that people products are high quality products and make Apple more competent comparing with its rivals.…
In 2001, was a great year for Apple because they introduced the Apple iPod, which many other companies tried to make the same product but no one was able to make the same product as original as Apple product. Apple continued to stay on the top of the game and improving their technology during the years. The new products were coming out such as iMac; these products help the company to be notice by consumers. Apple is a brand known all over the world. The innovative technology is one of a kind on the Market. The advancements that Apple product has giving out to the consumers.…
The Apple Company has had great success with the iPod but now needs to figure out a way they can create a sustainable comparative advantage in the Mp3 player market or they will lose demand and market share, and decrease profits and revenue .…
Apple IPods are very popular in today’s society. Many individuals enjoy listening to music on the way to work, school, or even to the gym. CD’s, cassettes, tape players and MP3 player’s sales have decease since Apple IPods have been created. IPods provides so much more to customers than the other devices. Everyone enjoy playing games, taking pictures, texting and calling friends, and using face time. What device allows you to enjoy all your hobbies at one time? Apple IPods. Apple IPods are a great technology device that provides great entertainment, quality, and communication.…
Apple has managed to diversify its product lines at precisely the right time in order to create new markets rather than merely enter existing markets. They began their company on the basis of personal computers but quickly began to diversify as they saw opportunity. Job’s orchestrated the development of products such as the iPod, iPad, and iPhone. By 2003 apple appeared to be reinventing itself as a digital entertainment company, moving far beyond the personal computer industry. With the advent of the iPod came about the need for music to be sold on iTunes as well as an early approach to there Application store. These online stores allowed users to buy applications as well as music for their devices. This opened a whole new market to apple. As apple evolved it began to take any bit of market share that it could from other markets. Around 2007 Apple made a huge play in the smart phone market. Releasing its iPhone allowed Apple to yet again take another chunk of a large market. Apple is at the peak of its innovation and…