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Swott of Apple

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Submitted By jdobron7
Words 1175
Pages 5
Teresa Grell
Antoniou
BUS 444: SUM 14
14 July 2014

Case Study: Apple

Background:

Starting in his parent's garage, Steve Jobs and his partner Stephen Wozniak began to develop computers made for hobbyists. As no one thought that having a personal computer was a necessity in the late 1970's, as technology changed the needs of society altered as well. Expanding into an empire of a variety of products, music & video related features were focused on heavily even in current times. Maintaining its number 1 status for innovativeness on Fortune's list of World's Most Admired Companies in the pre & post era's of the recession, Apple Inc. continues to establish its brand by updating "old" creations with modernized appearances.

SWOTT
Internal:
* Strengths: * Competitive advantage in music & video related products through various iPod devices, iTunes, and Apple TV * Creating iTunes which was the first legal downloading system for songs & videos that could connect exclusively to any of their computer or music products * Developing an App Store for customers to purchase for convenience * Strategic marketing skills that focused on getting the attention of the new and old, and staying mainstream within the years * Constructing loyal partnerships with other well-known brands & devising their exposure through marketing partner advertisements, ex. Starbucks, Nike * Gaining customer confidence through brand loyalty * Obtaining superior market share in all music products, cell phones, tablets & computers * Globalization of their brand in international markets

* Weaknesses: * Innovation becoming static after the loss of Jobs as no new products have been invented after his time * Legal issues with Samsung regarding the design of smart phones & tablets, also being one of their hardware

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