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Story of Apple
By
Nidhi Ahuja
Apple’s vision is to
build a company that
turns powerful
technology into tools
that are easy to use,
tools that will help
people realize their
dreams and change
the world for better.
Apple was
born as a
personal
computers
company
With a combination of skilled management, long term planning and
innovative business strategies.
Apple is now involved in consumer electronics and software products including music, multimedia, retail, and tablet industries
Apple was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in April 1976 to develop and sell personal computers.
PROFILE
• Established: April 1,
1976
• Founders: Steve Jobs,
Steve Wozniak,
Ronald Wayne
• Key people: CEO – Tim
Cook
• Total revenue: $215.6
billion
• Headquarter: California,
United States
• Area served: Worldwide
Today, people gather up
in lines to lay their hands
on the new products
Apple rolls out!
How did they build
such a strong
brand?
But how exactly?
They say..
What makes
Apple, it?
• Creating, producing and
launching new-to-the-
world products.
• Creative and innovative
marketing strategies.
• Research & Development.
Product lines and
extensions:• Mac: MacBook, MacBook Pro, MacBook
Air, iMac, Mac Mini
• Software: macOS, iLife, iWork, Logic Pro X, Swift Playgrounds
• Apple music, iTunes
• Apple TV
• iPod
• iPad
• iPhone
• Apple watch
ProductStrategy
• Today product strategy is at the core of marketing strategy of Apple.
• They have a competitive advantage. They produce user friendly and highly intuitive products.
• They focus highly on the design. It’s simple and uniform.
• Create and sustain brand loyalty through complimentary products.
• Maintain brand image through premium pricing options.
Unique advertising situation for iPhones
• There’s no extensive marketing
strategy.
• They assign a minimal
advertisement budget to
iPhones
• Network carriers announce to
their existing consumer base
and target marketing on their
behalf.
• The product is highly valuable
because of it’s popularity
• The network carriers advertise
for themselves if they want to
capitalize their profits.
What’s their
formula for
advertising?
Like that of McDonald’s?
The 1990s Think Different campaign linked Apple to famous social figures such as John Lennon and Mahatma Gandhi, while also introducing "Think Different" as a new slogan for the company.
Apple isn’t just famous for its computers. It is responsible
for some of the most charming adverts in history!
Research & Development
• They spent more that 10 billion on
R&D
• They established their first
directly invested research centre
recently in Chine at total
investment of 50 million
Apple and competition
• Apple’s competitors include Samsung, Microsoft, Google and Amazon
• Google competes with Apple by their Android software and smartphone range
• Apple dominates with the iPads but Amazon and Microsoft are gearing up
• Samsung is its largest competitor in smartphone market
What’s next for Apple?
Future & Risks
• iPhone sales are declining
• They are moving their focus on selling peripherals around iPhone
• Apple watch wasn’t a big hit
• Pushing users onto more expensive iPhone
• Updates are likely to be less impressive in future
• Potential for Apple now lies outside iPhones
DisclaimerAssignment as a part of internship under Prof. Sameer
Mathur
Prof. Sameer Mathur, IIML Nidhi Ahuja, NIT Bhopal