Apple Mission Statement: Apple's SWOT Analysis
Apple Mission Statement: Apple's SWOT Analysis
Apple Mission Statement: Apple's SWOT Analysis
The company recognizes the changing market and industry environment. Apple's
current mission statement is as follows: 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’s Strategies
Apple business strategy can be classified as product differentiation in design and
functionality. Apple's ecosystem creates switching costs for its customers to the competition. The
ecosystem also provides the opportunities to leverage relationships with existing customers to
offer other products and services
Apple’s Weaknesses
In this aspect of the SWOT analysis, the emphasis is on the weaknesses or inadequacies
of the company. Weaknesses are internal factors that are obstacles to business growth. The
following business weaknesses are the most notable in the case of Apple:
1. Aggressive competition
2. Imitation
3. Rising labor cost in various countries