The success story of the world’s most valuable Company APPLE’S GLOBAL STRATEGY
Nov 17, 2014
The success story of the world’s most valuable Company
APPLE’S GLOBAL STRATEGY
INTRODUCTION• Apple Inc. (NASDAQ: AAPL; previously Apple
Computer, Inc.) is an American multinational corporation that designs and markets consumer electronics, computer software, and personal computers. The company's best-known hardware products include the Macintosh line of computers, the iPod, the iPhone and the iPad.
EXECUTIVE SUMMARY
• Incorporated by Steve Jobs and Steve Wozniak in 1977, Apple Computer, Inc. was incorporated with a net worth of US$250,000 • It has since grown leaps and bounds to the
Apple Inc. of today, employing close to 50,250 employees worldwide, with a net worth of US$ 624,000 million in 2012
THE 1ST COMPUTER MADE BY APPLE
Apple's first headquarter was the Jobs 'parents garage where Jobs and his friends design their first computer kit : the Apple I. It was box wood made with a basic motherboard inside
EXECUTIVE SUMMARY
• Despite a strong brand, rapid growth and high profits in the late 1980s, Apple nearly went bankrupt in 1996.
• Steve Jobs took over as CEO again in 1997 after being forced out of the firm in 1985. “Apple Computer” was renamed “Apple Inc.”
PRODUCTS MIX
CURRENT BUSINESS STRATEGY
• Apple adopts a differentiation strategy with its distinctive marketing campaigns that position itself as a hip alternative to other brands in the industry.
• Despite being a premium brand that is capable of commanding high price margins, Apple is still able to undercut its competitors
“DESIGNED BY APPLE IN CALIFORNIA. MADE IN CHINA”
In 2011, Apple made and sold 70 million iPhones, 30 million iPads, and 59 million other products
PRODUCT LIFE CYCLE EXTENSION
REVENUE BY REGION
7 KEY STRATEGIES THAT MADE APPLE THE BEST GLOBAL BRAND
1. Ignore Your Critics2. Turn the Ordinary into
Something Beautiful3. Justify Your Price4. Communicate in the
Language of Your Audience
5. Extend the Experience6. Build a Tribe7. Become “The Name”
Source: brandirectory.com
THE MOST PROFITABLE RETAIL STORE IN THE WORLD
• Apple ranked at the top of list in a study released by RetailSails last year as well, with $7,000 sales per square foot.
• Aside from having the highest sales per square foot, Apple also ranked among the top 10 retailers for highest sales per store, with $51.5 million
• Apple has opened up 33 new retail stores in the past year and currently has 390 stores in operation, 250 of which are in the U.S
Strengths Weakness
Strong R & D Not Share holder friendly
Aesthetic Design Former CEO Jobs died
Supply Chain Management Wont open the OS for outsiders
Finally, Apple thinks long term and strategically
Opportunities Threats
Coming up with Apple TV connecting all apple products
Android becoming very popular
Very Loyal Customer base Lot of Competition from low priced products
Constant growth of PC and Mobile Industry
Incompatibility with windows platform
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