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Although a lot of business owners take it for granted, reviews are actually very
important for their business. It was that important as around 88% of consumers trust online
reviews as much as they trust personal recommendations from their friends. In a world
where almost everything can be found online now, people often look to reviews to know if a
business is actually credible or not. Hence, the purpose of this study was to evaluate a
Company’s business review are important as it can build their credibility. Aside from
sales, business also needs credibility in order to sustain long term growth. Besides,
reviews Can Improve SEO. Good reviews help their business rank especially with organic
search results.
Therefore, this assignment is vital for us in order to gain more knowledge regarding
company’s business review and learn deeper about our chosen company.
2. Company’s Profile
Apple, the world largest publicly traded company by market capitalization with current
estimated value of US$530 billion and the second largest mobile phone manufacturer in the
world. Apple is an American company based in Cupertino, CA, that is solely focused on
manufacturing and selling consumer electronics, software programs and online services. Its
products include, but are not limited to, cell phones, media players, tablets, computers,
The company was established by Steve Jobs, Steve Wozniak and Ronald Wayne as a small
personal computer manufacturer and its first product was hand made by Wozniak himself
and was called Apple I. Wayne sold his share a year after for US$800 at the same time an
investor named Mike Markkula became part of the company and helped Apple with the
business expenses needed to expand and invested US$250,000 in Apple. The company’s
revenues were growing at an exponential rate and doubling every four months for the first
five years.
Apple kept growing and introduced new versions of its computer in 1977 and 1980
hoping to compete in the corporate computers field. By the end of 1980, Apple went public
and its shares were offered in the stock market for US$22 per share. Apple launched the
Macintosh in 1984, which sold well at the beginning, but failed to grow or even maintain the
sales numbers few months after. Its high retail price and limited use due to lack of software
options were the reason behind this failure. This all changed with the introduction of
LaserWriter and PageMaker, an affordable printer and publishing software that, when
combined with Macintosh capabilities, becomes highly appealing for businesses, writers and
publishers.
A year after, Jobs got into a power related conflict with the CEO at that time, John
Sculley. This led to Jobs leaving the company and selling all of his shares in Apple, except
one, for US$70 million. Jobs established his own company called NeXT which had a focus of
software programing. At that same time, Sculley had a strategy of implementing a 55% profit
margin on Apple products. This strategy failed as soon as PC’s came out having similar
capabilities as the Macintosh and sold for a fraction of Macintosh’s retail price. Apple faced a
huge loses at that time and went back into the shadow. To get over this loss, Apple decided
to get back the share it lost to Microsoft and the PC market by working together with IBM
and Motorola to bring a new platform to the market (Apple History, 2015). It also launched an
email platform called eWorld, which was part of its business diversifying strategy.
In 1996, NeXT won a bid to provide an operating system firmware to Apple. NeXT
was acquired shortly thereafter that and Steve Jobs was able to make his way back into
Apple. A year after his return, he was appointed interim CEO and became permanent four
years after. Jobs’ return was a company changing moment for Apple due to the new
philosophy that he implemented, which consists of simple design and unique products.
In 1997, Bill Gates, Microsoft CEO, and Steve Jobs decided to settle a long-term
legal battle regarding patent infringement by bringing the office suite to Apple computers,
making internet explorer the default browser on all Apple computers and having Microsoft
invest $150 million in the Apple. Apple used this investment to bringing more creative
contents to its products and investing in the education market. This eventually led to the
introduction of the iMac, an all-new computer with an attractive design of a multicolor see-
Apple sales of the iMac averaged to about 1 million units a year and it announced a
strong return to the computers market. The year 2001 was full of major events for Apple. It
started with introducing the Mac OSX, an all-new user-friendly computer firmware that was a
revolution at its time due to its stability, quality of graphics used in the interface, and it
brought the well-known high security level of Unix operating systems to Apple computers.
Later in May of that year, Apple announced opening a chain of retail stores to assist
in establishing a direct connection with its customers, and better marketing for its products
due to the dissatisfaction of how third-party retailers presented Apple products. The major
event in that year was announced in October and it was the introduction of the iPod, a digital
music player.
The iPod had smashing sales and took Apple’s total revenue from $1.9 billion dollars
in the first quarter of 2000 to $3.2 billion dollars in the same quarter of 2001. Three years
after, Apple announced that it had 76% of the music play market. In order to supply the
demand for digital music tracks, Apple introduced the iTunes store, a digital media library
focused on music. Apple was able to sell a total of 1 billion songs on iTunes in just three
years after its launch, and a grand total of 10 billion songs by early 2010.
In 2007 Apple entered the cellphone market by introducing the iPhone, which was
highly admired due to its unique style, touch screen capability and lack of physical keyboard.
The iPhone was followed by the iPad in 2010, which was simply a bigger iPhone without the
calling capabilities, targeting people who are looking for lightweight devices with big screens
Later on 2010, a significant historical moment occurred. Apple’s most important rival
and the longtime dominant of the computers market, Microsoft, lost its position in regards to
stock value and revenue when Apple stock market value and total revenue surpassed
This was far from expectations back in the 80’s and 90’s, but due to Apple continued
success in several markets especially the cellphone market while Microsoft was failing in
several business fields especially in its online search engine business, it became possible.
Apple’s success continued, even after its success maker Steve Jobs’ departure in 2011 and
Tim Cook taking his place, by introducing new high-tech products such as Apple watch,
Apple TV.
2.2 Company’s Vision
Apple, Inc.’s vision, as found on their website, is “Apple is committed to bringing the best
consumers around the world through its innovative hardware, software, and Internet
offerings”
Apple, Inc.’s mission is stated on their company website and is the following: Apple designs
Macs, the best personal computers in the world, along with OS X, iLife, iWork and
professional software. Apple leads the digital music revolution with its iPods and iTunes
online store. Apple has reinvented the mobile phone with its revolutionary iPhone and App
Store, and is defining the future of mobile media and computing devices with iPad
Apple, Inc.’s values can also be obtained from their company website and include the
following factors: We believe that we’re on the face of the Earth to make great products. We
believe in the simple, not the complex. We believe that we need to own and control the
primary technologies behind the products we make. We participate only in markets where
that we can really focus on the few that are truly important and meaningful to us. We believe
in deep collaboration and cross-pollination of our groups, which allow us to innovate in a way
that others cannot. We don’t settle for anything less than excellence in every group in the
company, and we have the self-honesty to admit when we’re wrong and courage to change.
2.5 Company’s location
Apple Inc.'s world corporate headquarters are located in the middle of Silicon Valley,
at 1–6 Infinite Loop, Cupertino, California. This Apple campus has six buildings that total
850,000 square feet (79,000 m2) and was built in 1993 by Sobrato Development Cos.
a testing and research laboratory. Apple Insider claimed in March 2014 that Apple has a top-
secret facility for development of the SG5 electric vehicle project codenamed "Titan" under
Apple Company has 21 office locations across 19 countries including Sydney, Hong
Kong, Paris, Istanbul, Tokyo, Seoul, Kuala Lumpur and many more. Apple has
opened 510 retail stores across 25 countries and regions, including 271 in the United States
departments are formed by the placing the similar functions in the groups. As described
before the main divisions of Apple Inc. human resource, finance, marketing and productions
are adopted by the functional approach. In each division the functional subsystem and
division’s activities.
The people in Apple Inc. are grouped together on the basis of their expertise and
resources. It enabled the Apple Inc. to learn from its functions. The present structure in
Apple Inc. has focused upon those activities which reduce the costs and increase the
flexibility in its operations. The managers in Apple Inc. have a greater control of the
organizational activities and avoiding the tall and other several hierarchies. A relative flat
structure of the Apple Inc. has decentralized the authorities and responsibilities of its
management. The managers and employees at lower levels are encouraged to take part in
fostering the company’s strengths. The advantages of decentralization are numerous i.e.
enhancing the planning, decision making and control processes. Apple Inc. has focused on
its marketing operations on the major business areas like iPod and iTunes. The marketing
The finance treasury division of Apple Inc. provides the financial policy to company.
liquidity guaranteeing and risk management. In Apple Inc. the role of the financial manager is
crucial for the strategic management. The capital required for the R&D is raised by the
Finance division which maintains the innovation position of the Apple Inc. Internal problems
of Apple Inc. were in the form of the sale force accessing directly to corporations. Apple Inc.
relied on the 300 manufactures while IBM had 6000 to 7000 direct salesman. However the
Apple Inc. has focused to establish more sales staff. Many issues concerning to these sales
person were noted regarding the prices of products. Apple Inc. has also marketing problem
as it failed to communicate the Macintosh’s business image in market. The fact that
marketing strategy was not according to requirements and did not make it more famous in
market; it also did not focus upon the technology. Products are manufactured on the basis of
customer’s needs. Apple Inc. needed the fundamental importance of getting close to market.
Meanwhile, in term of internal and external factor which impact the business
operations plan, Apple Inc. has faced the serious challenges during the last 30 years but
recovered from those serious situations with advent of innovation. Apple Inc. faces the threat
of competition because of free services in market. A good business achieves the market
share by creating better legal services to customers. It can be compared with the bottle
water which is better in quality as compared to tape water which is in approach of every
person. However there is legal competition ahead in market. No company was successful to
attach the market the before the Apple Inc. did so.
Better service is directly related with the new and better technology. Roxio was the
first company which followed the Apple Inc. to produce the products on the concept iTunes
Music Store. Sony and Microsoft are other big players of market to download the services.
On the other hand Dell Computers are partnering with MusicMatch. Traditional retailers like
Apple Inc. is facing the competition from these competitors and profiting the leading
position in market. Copy rights issues are also concerned with Apple Inc. Apple Inc. faces
the issues of jobs as a part of their system. Sales force for the direct access to corporation is
required for the success of business operation plan. IBM has the direct salespeople more
than 6000 while Apple Inc. relied only on the 300 manufacturers’ representatives. The
reason behind the small number of sales force may be the selling Macintoshes at lower
On the other hand, Apple Inc. has made efforts to satisfy its stakeholders in various ways
which included all the environmental issues for its corporate governance. It has satisfied the
employees, local communities and general public by minimizing the environmental impacts
on its entire business operations; integrated the sound environmental, safety management
and health practices. The environmental mission statement of Apple Inc. has integrated all
above mentioned practices into all business operations to ensure that it offers
Apple Inc. aims to communicate on the policy which provides the benefits of
to its various stakeholders. In the HRM objectives Apple Inc. has adopted the strategies
because of the consumer’s preferences as the external environmental force. The HRM of
Apple Inc. has established the partnership agreements to keep the trust and fairness. The
recruitment policy of the HRM is modified in the ways to adapt the external changes in
environment. Therefore the higher number of skilled staff is recruited in the area of web
development; web is considered a preferred medium for the technology professionals for
applications.
A positive work environment has proved that Apple Inc. is outstanding for the
visionary products. The organizational competency of Apple Inc. is increased by the HRM.
Apple the Inc. is in an exclusive position. It has produced both software and hardware; it
cannot be analysed only the PC manufacturing company. It is also providing the software
The issues in quality of products attracted the attention of business. The management
committed to make decisions before communicating fully with all those who are involved in it.
When subordinates ask for the decision the top managers think about the organizational
response towards the decision for strategic plan. Ways of decision making enhance the
business operations and credibility throughout the organization Apple Inc. People love to
purchase the products of Apple Inc. because of power, easier way to use and reliability. The
business managers at Apple Inc. ensure the delivery of the products to companies according
to their requirements. Business customer contacts the business managers and long term
relationships are established between them. Apple Inc. management has the ability to sell its
products having no supply chain system. It earn the revenue by the selling the iPod devices
and Mac computers. Its iTunes virtual stores are generating the revenue more than $ 1
billion every year. The managers at Apple Inc. face the incentives of using the strategies to
control the earnings in many traded companies. The managers are allowed to purchase the
stocks. In this way the staff at Apple Inc. is encouraged. The management system of Apple
Inc. has policies and procedures, responsibilities and roles of its managers. For example, a
best health management system is maintained by the concerned managers to ensure the
safety and health of its employees. If any inadequacy is seen in this system then top
managers adopt the corrective actions including the verification through audit processes.
Apple procurement managers are responsible to manage the business relationship with
Apple Inc. has five divisions to manage the products and marketing departments of
the company. These five divisions are responsible to evaluation and manufacturing of the
devices, software and hardware of computer system. The four support divisions also work to
handle the marketing and post-sale products. A new position of Chief Operation Officer was
created by Scully to centralize the operations and involving the senior management in the
daily business decisions (Annual Report, 1988). Human Resource (HR) is responsible for
the safeguarding the most valuable assets of the Apple Inc. It handles the many programs of
the company to achieve the company’s goals. Human resource at Apple Inc. is also
responsible to reach at the needed resources. The Apple Inc. has six important valued
creation functions including the marketing, R&D, finance, Human resource management,
information systems and operations and logistics. The chain of activities required to
transform the inputs into outputs are primarily concerned with actual design, manufacturing,
delivery, marketing of products and customer support activities. The ultimate task of the R&D
resource at Apple Inc. includes the new innovation and use of technology which meet the
customer’s requirements (Hill & Jones, 2004). Information system at Apple Inc. is an
important asset which provides the business assisting facility. For the success of the
business operation plan the information system is a core to keep the business run online
without any obstacles. Other valuable resources which have potential powers for the
customers as well as the management at Apple Inc. include the servers which distribute the
information about Apple’s products and create new internet resources for the mailing list,
From the above discussion it can be concluded that Apple Inc. is a well-known
development and business company of the world. Its success lies in its business operation
plan which indeed depends upon the various necessary actions taken from the design of the
Apple Inc. has many successful factors that determine its success in key areas of the
operations. An important factor that is apparent is about the vision of the organization. It is
true that creative energy always begins with vision. These organizations impact significantly
on the world (Collins & Porras, 2004). Apple has a very clear and purposeful vision which
can be seen through the innovative products for the last many years (Senge, 2006).
The main purpose of the Apple Inc. was to develop the computers for the world and
making contribution to the world by its advance technology products. Beside this vision
Apple Inc. takes further steps of actions which are practiced throughout the organization. In
the Apple Inc. employees were able to lay the foundations to achieve the long term goals.
They were able to start the business at small scale and contributed at a higher level. The
company acted upon the Kotter’s model and understood the potential uses. The success of
the Apple Inc. is attributed to the capability of the company making refinements and building
the more powerful products. The company has changed the core nature of the business.
The Apple Inc. innovated the (GUI), file folder and desktop metaphor. Kotter’s 7th
step manifests by using the credibility to make changes in system, policies and structures
(Kotter, 2007). Apple uses the core competencies which the employees have acquired
through redefining the market segmentation. Apple has met many successes and overcome
the challenges. Apple Inc. has made changes and implemented new policies because of
Apple Inc. is a computer technology which is best known due to its innovative
structure. It is focusing upon the production of personal computers. In the advent of evolving
technology it has shifted into the electronic market. Apple Inc. operates its business in more
than 170 retail stores in US, Japan, UK and Canada. It has produced more friendly
computers for the consumers. All of the achievements at Apple Inc. are attained through the
people who design and develop the products and staff at the retail stores.
Why is the business operation plan important at Apple Inc? This business operation
plan is important because it generates the steady increasing revenues and sending its
products in the big markets of the world. Due to its good leadership the Apple Inc. achieved
the high profile. Three manufacturing facilities are shaping the foreign operation in countries
Due to its internal strengths and successful business operation Apple Inc. has
become a competitive company. It has footed in the computer market with an innovative
style in the computer market. It production system is well handled as the operating system is
free of all tangles of the Microsoft operating systems. In the physical appearance, usability
Apple Inc. encourages the R&D environment and constantly releasing the products
as seen in the latest Mac mini and iPod. It has made the Apple Inc. a big innovative
company and brings the creative and new ideas in the computer market.
Next, we move to Apple Inc.’s organizational culture & its characteristics .Apple
products commonly used in offices and homes. Apple Inc.’s organizational culture empowers
the business to continue succeeding in the computer software and hardware, cloud services,
business philosophy, values, beliefs, and related behaviours among employees. This
business analysis case shows that Apple has a corporate culture that enables human
resources to support various strategic objectives. For example, the company’s cultural traits
are aligned with the drive for innovation, which is a major factor that determines business
industries. Based on the organizational culture, this business condition facilitates the
fulfilment of Apple Inc.’s corporate mission and vision statements. Through the leadership of
Steve Jobs and, now, through the leadership of Tim Cook, the company continues to
enhance its cultural characteristics to maximize human resource support for business
relevance in various markets around the world. Apple shapes its corporate culture and uses
Through its corporate culture, Apple Inc. strengthens its competitive advantages against
other firms in various industries. The company competes against information technology
as IBM and Intel. These competitors impose a strong external force that influences strategic
management among firms in the industry, as illustrated in the Porter’s Five Forces analysis
of Apple Inc. As a result, cultural traits must reinforce necessary competitive advantages
through the workforce. The company partially achieves this strategic objective through its
organizational culture.
Apple Inc. has an organizational culture for creative innovation. The company’s cultural
features focus on maintaining a high level of innovation that involves creativity and a mind-
set that challenges conventions and standards. The business depends on cultural support
Firstly, in term of top notch excellence, Apple’s organizational culture comes with a policy of
hiring only the best of the best in the labour market. Steve Jobs was known to fire
employees who did not meet his expectations. This tradition continues under Tim Cook.
Such a tradition maintains and reinforces a corporate culture that promotes, appreciates,
and expects top-notch excellence among employees. This cultural trait is institutionalized in
Apple’s organization. For example, the company has programs that recognize and reward
business, especially in product design and development, which is a major growth strategy
Next, creativity. This cultural characteristic pertains to new ideas that help improve the
business and its products. Apple’s management favours creativity among employees’
knowledge, skills, and abilities. This characteristic of the corporate culture enables the
design and development processes. Such creativity is observable in the design and features
of iPhones, Macs, and iPads, among other products included in Apple’s marketing mix or
4Ps. In this regard, the organizational culture helps maintain the company’s capacity to
Besides, innovation. Apple’s organizational culture supports rapid innovation. The company
is frequently appraised as one of the most innovative companies in the world. Based on this
cultural trait, the firm trains and motivates it employees to innovate in terms of individual
culture facilitates rapid innovation, which is at the heart of Apple Inc.’s business. Rapid
innovation ensures that the company continues to introduce new products that are profitable
secrecy. This cultural characteristic continues to define the company’s human resource
Apple Inc. to maximize its leading edge against competitors. Through the corporate culture,
employees are encouraged and expected to keep business information within the company.
This cultural trait is reinforced through the company’s policies, rules, and employment
contracts. In this context, Apple’s organizational culture helps protect the business from
combativeness. This feature is linked to Steve Jobs and his combative approach to
leadership. He was known to randomly challenge employees to ensure that they have what it
takes to work at Apple. However, under Tim Cook’s leadership, the company has been
changing its corporate culture to a more sociable and a less combative one. Nonetheless,
combativeness remains a major influence in the business. Apple’s corporate culture exhibits
employees’ output.
process of Apple Company. Firstly, Design of Goods and Services. Apple’s processes in the
design of its products are handled through a number of organizational components and
officials. For example, the development and production of Macs involve a Senior VP for Mac
Hardware Engineering and a VP for Mac Software Engineering. This coordination reflects
the nature and characteristics of the corporate structure of Apple Inc. In this decision area of
operations management, these VPs coordinate with the company’s Senior VP for
Operations. The system of interactions ensures that the outputs in this operational area are
quality standards and controls. Apple Inc.’s Senior VP for Operations coordinates with eight
other Senior VPs to ensure compliance with the company’s quality standards. The company
is known for high quality standards that permeate different areas of the business, including
product design and development, retail, marketing, online sales, industrial design, and
human resource management. Thus, Apple has a holistic approach in ensuring quality to
Then, Process and Capacity Design. Apple’s human resource management strategies
include support to maximize workforce capacity for product development and design. In
addition, the company works with suppliers to ensure efficient processes and adequate
capacity in this decision area of operations management. For instance, suppliers are given
directives for process design, as well as the Apple Supplier Code of Conduct to optimize
their human resource management. Moreover, Apple Inc. strives for innovation in its facilities
to optimize capacity and process efficiency. Thus, the company has a comprehensive
Besides, Location Strategy. Apple Inc.’s location strategy is selective, involving limited
authorization of sellers. However, most authorized sellers are located in urban centres to
maximize foot traffic and brand exposure. At present, the company has hundreds of stores in
more than 20 countries around the world. Despite this limited approach to seller
authorization, the company is now among the most profitable in the world, and Apple Stores
have the highest revenue per square foot of retail space in the United States. Thus, Apple’s
management.
Other than that, Layout Design and Strategy. Apple’s layout design and strategy emphasize
office layouts that encourage creativity and efficiency of workflows. Creativity is a critical
factor among employees involved in product design and development processes at Apple
Inc.
Then, Job Design and Human Resources. This decision area of operations management
requires job design and human resource strategies specific to the trends in relevant HR
management needs. In Apple’s case, job design and HR strategies are based on Steve
Jobs’ original emphasis on excellence. However, the company has been gradually changing
its HR strategies under Tim Cook to reflect a more sociable workplace for optimum
employee morale. Apple Inc. has mastered job design and human resource strategies to
Seventh, Supply Chain Management. Apple’s supply chain is among the most efficient and
streamlined in the world. To address this decision area of operations management, the
company uses automation of processes and regular monitoring of suppliers. This monitoring
evaluates supplier capacity and productivity, as well as compliance with the Apple Supplier
Code of Conduct. The automation aspect serves as the main strength of the corporation’s
Eighth, Inventory Management. In this decision area of operations management, Apple Inc.
uses different methods of inventory management, such as the serialized method for effective
tracking and control of products. The company also uses the first in, first out (FIFO) method,
which ensures that most old-model units are sold before new Apple product models are
released to the market. Apple Store managers also handle the inventory management of
activities in the supply chain and production processes. On the other hand, manual
scheduling is used for individual Apple Stores and in some aspects of the company’s offices.
The main aim of the firm in this decision area of operations management is to maximize the
maintenance teams. For example, the company has different maintenance teams for its
various facilities. Apple’s IT teams also function as maintenance teams for the firm’s servers
and other IT assets. The VP for Human Resources ensures that the company’s personnel
are always at adequate capacity to maintain high performance at the company’s facilities.
Then, we move to Company ‘AS IS’ process. Firstly, Design. It all starts with design. Apple
products have already established a reputation for having impeccable design hinged on
simplicity, functionality, and a distinct look. This is mostly attributable to the inventive and
The Industrial Design machine of Apple is where the brilliant ideas come from, and a great
factor of its success is how it is kept cohesive and disciplined by a department head. This is
exactly how Steve Jobs started it. He had the vision, and he steered the design team
towards achieving that vision, keeping them focused and on a straight trajectory towards
Being kept separate from other divisions or departments of the business also greatly helped.
This way, the design team was pretty much left to let their creative juices flow, without
having to mind other issues such as finance, costs, and the technical. They would not even
have to worry about whether the design can actually be made when placed into production;
that is going to be the problem of the engineers and the folks over at manufacturing. Costs?
They don’t have to worry about that, either, because there are other people who will.
Next, Start-up creation. The secrecy continues. Once a new product has been designed, a
team that is solely devoted on the development of that product will be formed. It is
essentially building a start-up within the company. They will devote all their time and
resources on the project or product, and they will be directly reporting to the big bosses.
This cuts through the usual communication or bureaucracy involved, and they will be
Third, ANPP Implementation. This is where the ANPP which stands for the Apple New
Product Process comes in. Since Apple started making the Macintosh, the company has
always made it a point to have a well-documented roadmap or guide for the members of
the team to follow. This was the ANPP. It is essentially a document that contains, in great
detail, all the steps and phases of the development of the product. It covers everything
about the development process, from the specific tasks that must be performed, the
specific persons who will work on them, how long each task is expected to be completed,
and the chronology or order of accomplishment of said tasks to facilitate the completion of
the product.
Fourth, Product Review. While it is true that the team works towards achieving a vision or a
goal for a product, this does not mean that the process is fixed and has no room for
changes or flexibility. Just like in other businesses, Apple also conducts periodic reviews
for the products that are in process. In the case of Apple, these product reviews are
conducted every Monday. It is a good way to track the progress of the product
development team and also take note of issues or serious problems that have been
process begins. There are two key personnel involved in this stage: the engineers and the
supply personnel. You have someone in charge of the product process, who will manage
the engineering aspect. He will be working with the supply manager, who is responsible for
Sixth, Testing, tweaking, rebuilding. Just because a product has undergone the production
process does not mean that it is outright completed. There is still a need to test it, so
adjustments can be made and, if needed, the product will be rebuilt. Steve Jobs’
perfectionist attitude was apparent in how Apple tirelessly builds, tests and rebuilds its
products, until such time that it is 100% confident in its quality and performance, and gives
Seventh, Packaging. First impressions last, and customers are initially attracted by the
packaging. This is why Apple devotes a lot of attention and resources to the packaging
aspect. It’s not just about having a box with the name and company logo printed on it. The
packaging also takes into account the experience of the customers when unboxing the
device packaging.
Finally, the Launch. Apple has the Rules of the Road, which is basically a product launch
action plan. It details all the key points of the product development process, breaking them
down into the nitty-gritty. This document is so top-secret and highly-valued, and Apple
takes it seriously when working towards the launch of the new product.
Conclusion
The company has transformed how we think and live today. When Steve Jobs created
Apple, he kept his passion for creativity and innovation as the focus for the company’s
success. From that strong foundation, born were products that were simple to use, elegant
template for innovation and there are some important lessons we can learn from Apple
One major source of competitive advantage for Apple is brand equity. The company has
built a very high level of trust in the market. It is known the most for its technology and
great quality products. Its high-level popularity is a sign of a strong brand image and the
reliability of its technology and technological products. Apple has always brought innovative
products to the market that are unique and outstanding as well as very different from the
rival products. Apart from technological innovation, its products are remarkable in terms of
design and style. Millions around the world eagerly await new releases of iPhones and
Macs.
Nearly all of the products it has released until now have become major hits. However, both
in terms of quality and innovation, Apple is considered matchless around the world. Its
users are willing to pay a premium price for Apple products which is a sign of strong brand
equity. Strong brand equity translates into higher equity and better sales and revenue.
Today, Apple is the world’s leading technology company. However, its biggest asset is the