Apple Inc.
Apple Inc.
Apple Inc.
Main Events
Apple company has had quite an impact in the world of technology and was among the main
participants in the digital revolutions. Here, we focus on the main events that impacted the
Apples Inc. (A., 2015), which addresses the history of Apple Inc. groups them into seven
periods. We shall draw our main events from the seven periods as follows.
Success in Macintosh
Apple had been working on the Apple Lisa project and became a success in 1983 where
became the most sold PC with a Graphical User Interface (GUI). Although it became a
commercial failure due it overpricing and limited software titles. This then led to it
introducing of Macintosh PC which was the first computer without a programming language
in 1984.
Return to profitability
Apple opened its first retail store in 2001 in Virginia and California, on the same year
October 23rd, it debuted the famous portable iPod portable audio player. The iPod was first
sold in November 1st and became a huge success after selling over 100 million units withing
the first six months.
Two years after the iPod debut, Apple iTunes was introduced with integration of the iPod.
The iTunes was an online service that allowed users to download songs at $0.99 each. This
led to iTunes store becoming the lead market in music service with over 5 billion downloads
by the year 2008.
Lenovo
Has its headquarters in China but has its operational headquarters in North Carolina. Lenovo
produces PCs, mobile phones and in this way, it competes with Apple in both phones and
Computers. Being on Fortune 500 and considered top brand in the world, Lenovo gives tough
times to Apple Inc. in laptops and tablets in outclass products line like ThinkPad, Yoga and
many convertible tablets models.
Dell
HP
Being among the top market share, HP is a great competitor to Apple Inc. HP Inc. is
providing quality products with affordable prices. On the other hand, Apple is providing high
quality products with premium pricing. Its products such as spectre and MacBook are huge
competitors in the market (Farooq, 2019).
Microsoft
Being an American technology company and worlds giant in revolutionizing the information
technology in the past decades, Microsoft windows product line in one major competitors of
Apple Inc. the MSFT product include windows os, office, gaming Xbox, surface and mobiles.
It competes with Apple in many segments such as operating systems, computers and
smartphones.
Smartphone manufacturers
iPhone is among the most significant products of Apple Inc. apple, just like the computer
market, does not dominate the market. Apples worldwide share of the smartphone market is
about 14% as of third quarter of 2021 (Farooq, 2019). The rival company on the other hand,
Samsung holds 20% of the global market.
Samsung
It is south Korea’s biggest company. Samsung has dominated in Asia and worldwide in terms
of being the largest most profitable companies. Its product, the Samsung galaxy and note
series have been responsible for reductions in iPhone sales for many years.
References
A., S. (2015). The History of Apple company. 97-98.
Mavrick, M. J. (2015, November 10). Analyzing Porter’s Five Forces on Apple. Investopedia.
Who Are Apple’s Main Competitors in Tech? (2022, January 8). Investopedia. Retrieved
apples-aapl-main-competitors.asp
Farooq, U. (2019, April 28). Apple Competitors. Marketing Tutor. Retrieved October 6, 2022,
from https://www.marketingtutor.net/apple-competitors/