Swot Analysis Apple Inc. Essay Example
APPLE INC.
SWOT Analysis is a strategic planning method used to evaluate the Strengths, Weaknesses, Opportunities and Threats in a business. It involves identifying the internal and external factors that are favorable and unfavorable to achieve an objective.
Strengths:
Attributes of a company that are helpful to achieve the objective.
1: Apple is a very successful company. Sales of its iPod music player had increased its profits. So iPod gives the company access to a whole new series of segments that buy into other parts of the Apple brand. Sales of its notebooks products are also very strong and represent a huge contribution to income for Apple.
2: Brand is all-important. Apple is one of the most established and healthy IT brands in the World and has a very loyal set of enthusiastic customers that advocate the brand. Such a powerful loyalty means that Apple not only recruits new customers, it retains them.
3: Simple, easy-to-use and attractive designed, strong brand, reliable, high market share and position, competitive pricing.
Weaknesses:
Attributes of the person or company that are harmful to achieve the objective.
1: It is reported that the Apple iPod Nano may have a faulty screen. The company has commented that a batch of its product has screens that break under impact, and the company is replacing all faulty items. This is in addition to problems with early iPods that had faulty batteries, whereby the company offered customers free battery cases.
2: Early in 2005 Apple announced that it was to end its long-standing relationship with IBM as a chip supplier and that it was about to switch to Intel. Some industry specialists commented that the swap could confuse Apple's consumers.
3: Limited product range, Practically very less gaming capabilities.
Opportunities:
External conditions that are helpful to achieve the objective.
1: Success of Apple iPhone is a viable stepping stone for Apple to attract new users who
SWOT Analysis is a strategic planning method used to evaluate the Strengths, Weaknesses, Opportunities and Threats in a business. It involves identifying the internal and external factors that are favorable and unfavorable to achieve an objective.
Strengths:
Attributes of a company that are helpful to achieve the objective.
1: Apple is a very successful company. Sales of its iPod music player had increased its profits. So iPod gives the company access to a whole new series of segments that buy into other parts of the Apple brand. Sales of its notebooks products are also very strong and represent a huge contribution to income for Apple.
2: Brand is all-important. Apple is one of the most established and healthy IT brands in the World and has a very loyal set of enthusiastic customers that advocate the brand. Such a powerful loyalty means that Apple not only recruits new customers, it retains them.
3: Simple, easy-to-use and attractive designed, strong brand, reliable, high market share and position, competitive pricing.
Weaknesses:
Attributes of the person or company that are harmful to achieve the objective.
1: It is reported that the Apple iPod Nano may have a faulty screen. The company has commented that a batch of its product has screens that break under impact, and the company is replacing all faulty items. This is in addition to problems with early iPods that had faulty batteries, whereby the company offered customers free battery cases.
2: Early in 2005 Apple announced that it was to end its long-standing relationship with IBM as a chip supplier and that it was about to switch to Intel. Some industry specialists commented that the swap could confuse Apple's consumers.
3: Limited product range, Practically very less gaming capabilities.
Opportunities:
External conditions that are helpful to achieve the objective.
1: Success of Apple iPhone is a viable stepping stone for Apple to attract new users who