goals. Understanding where to focus on improvements is critical and with no type of control mechanisms to monitor Apple ’s organizational financial strengths‚ problem area could go unseen. Organizations that do not monitor the product output and how the market is changing will have a full warehouse of products not selling. This paper will show the control mechanisms used in marketing by Apple‚ compare and contrast the controls‚ the effectiveness of the controls‚ and explain how the controls affect the
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External Factor Analysis for Apple Inc Apple is an American organization that specializes in the conception and manufacturing of consumer electronics as well as connected software products (Breillatt 45). It operates over 300 stores in the world. The company has an employee base of about 50‚ 000.In order to understand and analyze the external environment and to know the current state of affairs and what the future holds‚ the PEST analysis method is used in this paper. Societal Environment Political
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APPLE DIFFERENTIATION STRATEGY Post Published: 17 January 2011 Author: Nellie Amirah Lim Found in section: MWS Articles We can describe Apple’s strategy in terms of product differentiation and strategic alliances Product Differentiation. Apple prides itself on its innovation. When reviewing the history of Apple‚ it is evident that this attitude permeated the company during its peaks of success. For instance‚ Apple pioneered the PDA market by introducing the Newton in 1993. Later‚ Apple introduced
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Apple Reports Second Quarter Results Best March Quarter Revenue and Earnings in Apple History CUPERTINO‚ California—April 22‚ 2009—Apple® today announced financial results for its fiscal 2009 second quarter ended March 28‚ 2009. The Company posted revenue of $8.16 billion and a net quarterly profit of $1.21 billion‚ or $1.33 per diluted share. These results compare to revenue of $7.51 billion and net quarterly profit of $1.05 billion‚ or $1.16 per diluted share‚ in the year-ago quarter. Gross
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About Apple in past: The Apple Inc. have become market leader by supplying price worthy products and with good technological design from their I-pods ‚ I-phones‚ MacBook with extending software like I-tunes. In 2001 apple was successful in introducing iPod. In January 2007 Steve Jobs announced iPhone‚ a combination of Internet-enabled smartphone and the iPod. The first iPhone was released on June 29‚ 2007 followed by iPhone 3G‚ iPhone 3GS‚ iPhone 4‚ iPhone 4s. Main competitors for Apple Inc
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The two most important factors that made it difficult for Apple to compete in the PC industry were the lack of software availability for the Macintosh operating system and the lack of differentiation of Apple’s products. These two factors are key reasons why Apple’s share of the global PC market still languishes in the 3% range. Macintosh lagged in available applications early and is still paying the price for this today. In the 1990s‚ while the number of applications on PCs exploded‚ the Macintosh
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denied that laptop market is globally a crowded competition in which there are a number of giant technology companies in the world. Apple obviously has to consider their firm competitors. Thus‚ the next step of this research is competitor analysis‚ which will identify direct and indirect competitors for Apple’s Macbook. Moreover‚ this analysis will select two direct competitors‚ which are Dell and HP‚ to assess their strengths and weakness relative to the marketing activities of Apple. Finally‚ it will
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The ultimate fast follower Samsung is better than anybody else at learning from its competitors. "A market reader is sort of the classic fast follower‚" explains Barry Jaruzelski‚ senior partner at Booz&Co and the co-author of the Global Innovation 1000. "It doesn’t mean they ignore their customers‚ but they’re very attuned to what competitors are doing and what other people are bringing to market first and observing what seems to be gaining traction‚ then very rapidly coming up with their own version
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Questions: What do you think was the main reason for Ipone’s success in America? ➢ Innovations ➢ Apple retail stores ➢ Emphasis on design ➢ Digital music player’s success ➢ Successful marketing effort - meet the expectation - mystique ➢ Good service plan (unlimited data with direct internet aceess‚ visual voicemail and a host of other goodies) 4Ps: Product: Fashionable‚ new advantages. Promotion: Tv campaign Price： Consumer psychology Place With tough competition from
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It is said that customers’ loyalty is of great importance for the survival of a certain company in order to retain its existing customers. As Hultén (2007: 256) suggests‚ considering customers and customer-centric views is vital to understand how markets are developed‚ maintained and operated. Customer loyalty is widely seen as a key determinant of a firm’s profitability. It’s a common fact that it costs more to acquire a new customer than retain an existing one. In fact‚ it costs a company 6-7 times
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