Apple inc 2011 case study Rating:
Apple Inc. is a multinational technology company that designs and manufactures consumer electronics, computer software, and online services. In 2011, Apple was considered one of the most successful and innovative companies in the world. However, despite its impressive track record, the company faced a number of challenges that year.
One of the main challenges facing Apple in 2011 was intense competition in the smartphone market. At the time, Apple's iPhone was the dominant player in the market, but it faced increasing competition from companies such as Samsung and Google. These competitors were able to offer lower-priced alternatives to the iPhone, which put pressure on Apple's profits.
Another challenge for Apple in 2011 was the rapid pace of technological change. As with any technology company, Apple had to constantly innovate and introduce new products to stay ahead of the competition. This required significant investment in research and development, as well as a focus on product design and user experience.
In addition to these external challenges, Apple also faced internal challenges in 2011. One of the main issues was the departure of several key executives, including Scott Forstall, who was responsible for the development of iOS, the operating system used on Apple's mobile devices. This created uncertainty within the company and led to questions about Apple's ability to continue to innovate without key leaders.
Despite these challenges, Apple was able to maintain its position as a market leader in 2011. The company continued to release new and innovative products, such as the iPhone 4S and the iPad 2, and it also saw strong demand for its existing product lines. In addition, Apple was able to increase its profits through cost-cutting measures, such as outsourcing manufacturing to countries with lower labor costs.
In conclusion, Apple faced a number of challenges in 2011, including intense competition, rapid technological change, and the departure of key executives. Despite these challenges, the company was able to maintain its position as a market leader through a combination of innovative products, cost-cutting measures, and strong demand for its existing product lines.
Apple Company's Financial Management
Though, with the passage of time, Apple Inc. Its full potential was realised when it shifted its focus from marketing and promotion of computer products to development of innovative industrial design in modern electronics, unique hardwares, operation system and application softwares and services. The value decreased in 2014 to USD 111,547,000 and in 2015 it was USD 119,355,000. Plan The action plan will be based on a five-year schedule where the objective will be to reinvent the process and concepts that go into the development of services and products. Often history is provided in the case not only to provide a background to the problem but also provide the scope of the solution that you can write for the case study. Human Communication Research, 6, pp. You can even identify the source of firm's competitive advantage based on PESTEL analysis and Organization's Core Competencies.
Technological Environment: Apple operates in a superior technological environment that assists the company to design superior and innovative products. For example, the inventory turnover declined from 111. The other root of the problem is the reality that the new CEO is inheriting a company in a highly competitive environment, a matter that complicates the ability by Mr. Recommendations Apple is required is to implement the hybrid strategy to integrate the cost leaderships to achieve differentiation advantages. Political Factors Affecting Apple Inc 2108 Words 9 Pages Apple Inc. When they are aware of what is happening, they are more likely to implement the right image to fit the situation. Interesting facts Apple created the first color digital camera Apple Quick Take 100.
What began to occur in the company's culture as a result of this focus on graphics performance and CPU acceleration was a bifurcation or splitting of product lines. Step 10 - Critically Examine Apple in 2011 after Steve Jobs case study solution After refreshing your mind, read your case study solution critically. On market research aspect, Apple was reported to collect personal information on various occasions for market research purposes. A twist in the demand curve of the company implies that its marginal revenue curve shows a break. A good way to ensure a better score on your case analyses is to include headings for each of the required criteria listed in the attached case study scoring guides.
I need help with a Management question. Stocks Options Warrants — — — Redeemable Preferred Stock — — — Preferred Stock — — — Common Stock 27,416,000 23,313,000 19,764,000 Retained Earnings 92,284,000 87,152,000 104,256,000 Treasury Stock — — — Capital Surplus — — — Other Stockholder Equity -345,000 1,082,000 -471,000 Total Stockholder Equity 119,355,000 111,547,000 123,549,000 Net Tangible Assets 110,346,000 102,789,000 117,793,000 Appendix 4: Certification of Chief Executive Officer and Chief Financial Officer PURSUANT TO 18 U. Many observers worried about what would happen to Apple when Steve Jobs died in 2011. Cook to match the innovative capability of his predecessor, as he asserts his authority in his new role. Business environments are often complex and require holistic solutions. Most of other consists of software and peripheral Words: 3357 Length: 11 Pages Topic: Education - Computers Paper : 88738703 PESTLE analysis of Apple Inc.
Financial And Strategic Analysis A Case Of Apple Case Study
At present, the Apple computer laptops are more expensive than the HP and Dell laptop products. The current chairman of this company is Arthur D. Following questions are answered in this case study solution 2. The total number of products in Apple's portfolio had doubled from roughly 20 to 40 under Tim Cook. Apple dominated computer markets introducing itself a premier provider of technology solutions for educators, web designers and graphic artists, to digital entrainment company. Samsung is overtaking Apple in the sales of… Porter, M. The balance sheet of this company, shown in appendix 3 below, is presented in a comparative and classified manner.
In the financial year that ended September 26, 2015, the value of the long term assets was USD 201,101,000. The co-founder, chairman, and chief executive officer CEO of the company, Steve Jobs is passed away for the pancreatic cancer Park, 2011. The study also reveals that Apple was struggling to adjust to the obvious structural consequences of Steve Jobs resignation and eventual demise. Diversification is in it itself a good marketing strategy, but the company should concentrate on development of quality products to cut down on increased numbers of defective products and recalls. There was an improvement in 2015 when the value increased to USD -17,716,000. Words: 1687 Length: 12 Pages Topic: Urban Studies Paper : 91059352 Apple Inc.
Cook took over the mantle as the new Chief Executive Gamble and Varlaro, 2011. This culture created the successful fusion of computing, industrial design, and brand power that led to popular innovations such as the iPod, iPhone and iPad. In a monopolistic market, the seller does not face any competition because he is the lone seller of goods having no close substitute Machlup, 1952. In fact, the company does not rely on a single source of income because the product design belongs to different categories. Short-term Operating Ratios 2014 2013 2012 2011 2010 2009 Turnover Ratios Inventory turnover 53. Complete a written Case Analysis of this company by using the required Case Study Format as described in your text on page CA1 through CA11. These companies were credited for offering the best technical customer satisfaction service within the Personal Computers category with a base score of 77 on a 100 point scale and earned 83 points in the second quarter of 2006.
Apple (in 2011) after Steve Jobs [10 Steps] Case Study Analysis & Solution
Comments The income statement of this company over the past three years shows that its income primarily comes from its operating activities. Apart from its superior financial assets, the company also enjoys high brand loyalties for all its products. His leadership and entrepreneurship have successfully developed the company from a small personal computer company to a multinational corporation that selling various types of electronic products and software such as, iPad, iPhone, iOS, and others Apple Inc. Peter Oppenheimer Dreyer and Greisler 44. Apple still can strive, sans Job. Learn More Nilakant, V.
. Each phase must include: environmental analysis, implementing an organizational course of action, creating organizational strategies, applying those strategies, and evaluating and modifying them as needed. Agency theory assumes that director and manager have the maximisation of shareholder wealth as their main objective. So instead of providing recommendations for overall company you need to specify the marketing objectives of that particular brand. Apple is facing a stiff competition with companies such as Hewlett Packard, IBM, Dell, Microsoft and other companies manufacturing the personal computer.