Get Full Essay Get access to this section to get all help you need with your essay and educational issues. Competitive Strategies of Apple Inc. Essay Sample Introduction The computer hardware manufacturing industry has been dominated by Apple Inc. However the two companies are not competing in the same industry.
Brand strength gives companies like Apple great visibility in the marketplace and helps build consumer loyalty.
Products such as the iPhone, iPad and Mac share the same software and applications, and operate in a similar way, making the Apple product a natural choice when customers are considering another device.
Innovative Products Apple has a long-established reputation for innovation and a commitment to developing new products. The company developed the graphical user interface, first used in its own computers, and, more recently, pioneered the iPod music player and introduced new levels of performance for smartphones.
A key competitive advantage for the company is its ability to develop innovative products that share the same operating system, software and applications.
This minimizes the risk, timescale and costs of product development, enabling the company to introduce a stream of new products and stay ahead of competitors. Video of the Day Brought to you by Techwalla Brought to you by Techwalla Strong Integrated Supply Chain An ecosystem of suppliers, developers and business partners provides Apple with a strong competitive advantage.
The company owns chip manufacturers, controls manufacturing, follows extremely strict software standards and operates its own stores. It also has a community of more than 6 million independent software developers creating applications for Apple products.
This gives Apple control over the entire process of product development, manufacturing and marketing -- an advantage that competitors find difficult to match. Premium Pricing Strategy Apple sets premium prices for its products and minimizes discounts to wholesalers to keep prices consistent across the market.
The company aims to offer customers a high-quality product with unique features and uses high prices to reinforce the perception of added value and maintain profitability.
He holds a Bachelor of Arts in history and economics from Bristol University. Cite this Article A tool to create a citation to reference this article Cite this Article.in the success of Apple. Steve Jobs was a huge part of Apple.
Today there are 35, employees that are moving onward in his absence. Is Apple going to be successful without him? Which of Porter's four competitive strategies does Apple engage in?
1. Their CEO (Vision) 2. Employees 3. Loyalty from. Apple was the world’s leading brand in , ahead of Google, Coca-Cola and IBM, according to annual rankings published by brand consultancy firm Interbrand.
Brand strength gives companies like Apple great visibility in the marketplace and helps build consumer loyalty. Why Apple Has a Strong Competitive Advantage. Ben Bajarin on June 2, This location also plays well into Apple’s support strategy. The fact that consumers can go in and get support or repairs for their products and then get some other shopping done while they wait is a bonus.
But primarily it is the priority that Apple places on. Apple Case 1. What are the chief elements of Apple’s overall competitive strategy? How well do the pieces fit together?
Is the strategy evolving? Apple has done a good job on innovating new technics and products to the market. They initially focus on the computer industry after Steve Jobs returned to the board in Apple expands its. Apple CEO Tim Cook must make the world’s most valuable company more valuable when conventional strategies would barely move the needle.
Apr 25, · Apple is building one of the most stunning financial runs in the history of corporate America, as Tuesday's blowout showing affirmed. The company says it's sold over million digital devices over the last five years -- 50 million last quarter alone -- .