Tuesday, April 23, 2019
Strategic Evaluation of Apple Inc Essay Example | Topics and Well Written Essays - 2000 words
Strategic Evaluation of Apple Inc - Essay ExampleThe annual revenue of Apple for the financial year of 2015 is $233 till September (Apple, 2015). Apple Inc. is found to provide high level brand products. It offers the some valu suitable brands to its customers. The organization offers the best personal experience of computing to the students, inventive proficient, educationist and clients across the cosmos through its inventive hardware (De Wit and Meyer, 2010). It is a perpendicularly incorporated organisation that supplies and industrializes a blanket(a) range of software, hardware as well as many operating systems that are innovative. Apple followed this dodging to sustain the companys profit level with a pledge that they would not lose their margins and growth of profits by investing in somewhere else. The main reason behind the travel alongion of this strategy is to ensure that they look up to all the significant segments of the company by investing mainly on research and development (R&D). However, there are other strategies as well that Apple Inc can adopt for its future growth (Ocasio and Joseph, 2008). This may include marketing and advertising. The paper thus focuses on the strategies of Apple Inc. and evaluates them. It as well suggests a potential alternative strategy that the organization can adopt for its marketing purpose. The figure to a lower place shows the advertising cipher of Apple Inc. It can be seen from the table that the budget of Apple Inc is 1.8 billion$ in the year 2015, almost a double from that of the year 2011. Though the companys advertising budget is not largest among its competitors, but the organisation uses it most effectively. Recently, Apple integrated with the market of mobile phone for a new model of iPhone. According to Mintel (2015), Apple Inc. is a multimedia download market. This is because, the Company is able to transfer anything in the form of copy from the internet to portable devices, personal computers etc.
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