Apple Company

Posted by nanniecook on November 26th, 2020

Apple Inc., which was formerly known as Apple Computer, Inc, is a multinational company that is based in the United States of America. Apple company is best known for its design, developing, and selling of consumer electronics, personal computers, and computer software. The best-known product from Apple company includes the iPhone Smartphone, iPad tablet, iPod music player, and Mac computers. Apple company is also known for production of some software. This includes iOS operating system, OS X, Safari web browser, iTunes media browser, iWork, and iLife creativity and some production suites. Apple company was founded by Steve Jobs in 1976 as a computer company. The company has changed an initial meaning of the word computer, concentrating on consumer electronics. This happened after it introduced iPhone. Apple is the second largest company providing information technology in the world after Samsung electronics.

The Current State of Affairs at Apple Company

Since the death of its founder, the company has seen many changes, with the latest being a major shakeup in its management. The company has seen Scott Forstall, who was the senior vice president of the iOS software, leave the company. Forstall was in charge of iOS, which is the mobile operating system platform, and was seen to be a controversial and an idiomatic figure in the company. Before his death, Steve jobs said that he did not fit in the new co-operate design in the company in a number of ways. After the death of Jobs, the company remained the same. However, it was given some independence and freedom, which it did not have in Steve Jobs’ era. Apple’s senior vice president of the retail market, John Browett, was immediately dismissed. This happened in less than a year after he had received the position. He was also a controversial figure in the company. The few reshuffling in the company has seen it rise to a higher level. The number of Smartphone that are shipped to other countries is on the rise. It has a 38 % increase, year after year. However, the sale of feature phones in the region has been decreasing gradually. This company gets an amazing grade. 

The Growth of Apple Company

The stock price of Apple company has been on the rise for a number of weeks now, which makes the company valued most in the world. Apple company is debated to be the most valuable company that the world has seen. Apple is growing at a very high rate, according to Fortune magazine, which has published the list of 100 fastest growing companies. In this list, some companies such as Google and Samsung are not present, which makes the list scary for most Apple competitors.

The average revenue growth of Apple company is 52%. The profit growth of the company is about 70%. Many people thought that apple company would see its positions weakened after the death of its founder, Steve Jobs, but it has continued rising. In August 2011, the company overtook Microsoft to be the largest ever company in the United States. The company sold about 26 million iPhones, which is a sale that represented an increase of 22% of the same period in 2011. This is quite a good result, considering the hot anticipation of the release of iPhone 5, which delayed some purchases in several holdouts. The company hit a record in sales of iPad in the last quarter of the year. This is up to 84% year to year. However, the iPhone remains the leading factor behind the growth of the company. Apple announced the launch of iPhone 5 on September 12, 2012, which fuelled the company further, as it tried to penetrate the Chinese market further. Many people are expecting the company to release a television in the market. It is said that the company will name it iTV.

Management of Apple Company for the Future

Apple is considered to be the best company in the world. Apple company has not been the best company in the world through an accident. It has well-organized management that helps the company in developing, and if it keeps on with the same level of management, the company will become even more powerful. One of the managing strategies of the company is to use its best and most qualified employees in the most important projects of the company. This will help it keep producing the best products in the world. When Apple began working on the iPhone, it used its most important people in the project. They were allowed to poach some qualified engineers from the Mac group, who saw the iPhone become excuses.

Another management strategy that is used by the company and will help it in the future is the art of keeping everything a secret. The secret is kept from the other coworkers. Secrecy prevents the company’s new product from being imitated and leaked to the market. It also makes the employee put much of their concentration on what they are doing rather than worrying about other people’s work. The company requires every person to stay focused and work on their strengths. This will help the company in the future since it will see it keep producing better and original products.

Apple company is the company behind the manufacture of smartphones. Apple company was first involved in computer production but later opted for focusing on consumer electronics after the release of the first iPhone. After Steve job deceased, many people expected the company to fall in their sales and revenues. However, that did not happen. The good management of the company has seen it fire some people in order to retain its image and continue being the best company in the world.