Apple Inc. Tyra Stowe Karlee Peterson Rebecca Wilhite Tengda Hu Apple Inc. • As we know, Apple is becoming larger and have possibly found the key to the market. Every new product have been successful on the market. • Name and Location • Stock Market Sale Table for 2013 & 2014 Fourth Quarter Third Quarter Second Quarter First Quarter Net sales $42,123m $37,432m $45,646m $57,594m Gross margin $16,009m $14,735m $17,947m $21,846m Net income $ 8,467m $ 7,748m $10,223m $13,072m Net sales $37,472m $35,323m $43,603m $54,512m Gross margin $13,871m $13,024m $16,349m $21,060m $ 7,512m $ 6,900m $ 9,547m $13,078m 2014 2013 Net income Net Sales in 2012-2014 2014 2013 2012 U.S. $ 68,909m $ 66,197m $ 60,949m China 30,638m 25,946m 22,797m Other countries 83,248m 78,767m 72,762 m Total net sales $182,795m $170,910m $156,508m Net sales Core Competiveness • • • • • Continuous Competiveness Product Quality and Customer Service World Wide Products Digital Tracker Employee Career Plans Apple Products Top products vs. Top flops Apples Top 10 Products • • • • • • • • • • 1. Apple II – released in 1976 2. First Macintosh – released in 1984 3. imac – released in 1998 4. ipod - released in 2001 5. ipod nano – released in 2005 6. iphone – released in 2007 7. itunes – released in 2001 8. ipad – released in 2010 9. ios app store – launched in 2008 10. apple stores – first opened in 2001 Apples Top Flop Products • 1. Apple III – released in 1980 • 2. Lisa – released in 1983 • 3. Message Pad & Newton OS – released in 1993 • 4. Twentieth Century Macintosh - released in 1997 • 5. Power Mac G4 Cube – released in 2000 7 Selling Strategies of Apple • • • • 1. Ignore your critics. 2. Turn the ordinary into something beautiful. 3. Justify the price. 4. Communicate in the language of your audience. • 5. Extend the experience. • 6. Build a tribe. • 7. Become the name. Marketing Tools Used by Apple • They cultivate an air of secrecy and intrigue to fuel speculation and buzz. • They create the illusion of scarcity to increase demand. • They focus on a “friendly” customer experience. • They wow customers through design and packaging. • They create a passionate brand community of fans who identify with Apple’s brand values. Apple Products • Exclusive Features • In Sync Products • iCloud, Frequent Updates, & Data Transfer • Simple Setup Android Products • Universal Manufactures • Battery Life • Camera Quality • Larger Screen Why Apple Over Android • Incentives • Quality • Satisfaction iOS 8 vs. Android • Actionable Notifications iOs 8 vs. Android • Updated Spotlight Search iOS 8 vs. Android • Continuity Mode iOS 8 vs. Android • QuickType Future Apple Products • Side Wall • iPen Smart Stylus • 3D images • Interchanging Camera Lens Will Apple keep up? http://www.extremetech.com/mobile/18 3522-ios-8-vs-android-4-4-does-applefinally-have-the-edge Conclusion After going over the company’s annual report, I strongly believe that Apple.Inc will continually have the dominant position in the electronic industry. Compared with other competitors, Apple has much more stable financial conditions with increasing growth on net sales and revenues in recent years. Also, the growth amount of apple stores across the world can bring the company potential business and greater influence. If I have the opportunity, I’d like to work for Apple.Inc in the future, and learn the business strategies and management skills from one of the best corporations in the world.