Apple Inc. Essays

6571 Words Nov 26th, 2010 27 Pages
Executive Summary ................................................................................................................................ 2 The strategies, corporate structure & culture of the firm ......................................................................... 3 Analysis of the industry in which the firm operates ................................................................................. 4 Computers ........................................................................................................................................... 4 Consumer Electronics ......................................................................................................................... 5 Music …show more content…
Apple Inc. experienced decline in the early to mid-nineteen nineties but has experienced unprecedented growth and success since the return of the founding father figure of Steve Jobs. Yoffie and Kim (2010) highlight the misdirected and turbulent time Apple experienced in the 1990’s until the turn around and change (1998) in ethos/philosophy of Apple as purported by Jobs. Job’s aim was to reduce the number of product models, change the mode of distribution to larger outlets and promote Apple as a ‘hip alternative to other computer brands’ (Yoffie & Kim, 2010, p. 4). Apple Inc.’s current mission statement states ‘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 reinvented the mobile phone with its revolutionary iPhone and Apps Store, and has recently introduced its magical iPad which is defining the future of mobile media and computing devices’ (Apple Inc, 2010c). This mission statement highlights and gives a strong indication of where the strategic direction Apple Inc. intends to progress; not only do they strive to have the best products but they intend to stretch vertically across product lines. To emphasis this, Ostdick (2010) comments on the personal drive of Steve Jobs and his belief that all product innovations can be

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