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Apple in 2013: How to Sustain a Competitive Advantage

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Submitted By brenw09
Words 1352
Pages 6
Brendan Wiley
MKT 6301
2-17-2015

Apple Case Study
Challenges
Apple reached the highest publically traded stock in Sept 2012 at $650B making Apple the most valuable publically traded company of all time. Apple did this by having differentiated products, brand loyalty, and seamless integrated devices. It is April 2013 and Apples total value has gone down to $370B. This is mainly due to constant pressures from competitors such as Samsung and others. Apple is challenged with responding correctly to competition with the right product to market, as well as how they are going to compete in new emerging markets. Apple is also challenged with coming up with not only short term solutions but creating new long term solutions to bring back the favorable growth they had received previously. Tim cook, CEO, will need to evaluate these challenges and make applicable changes to foster new sustainable growth at Apple.
Solution #1 The first solution would be to beat Samsung in the smartphone race by creating the best spec’d phone of all time. Apple needs to stop following Samsung. As new Iphones have come out, Samsung has consistently put out a better technological option to follow Apple. Recently it has been so bad that you can go back two generations of Samsung S phones and that is comparable to the newest Iphone release. The key to Apples success will be to win the smart phone race and have the best product on the market at all times. Competitively, they would cut into Samsung’s market share turning positive growth again. Demographically, if Apple has the best technical phone, they will reach more target markets. Right now Apple has more of a younger demographic target with their hipper looking phones. Apple would be able to reach more business men and women, techy people, as well as older people. Culturally, Apple would tell people not only can you have a cool looking

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