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How does Apple compete with competitors?
A key competitive advantage for the company is its ability to develop innovative products that share the same operating system, software and applications. This minimizes the risk, timescale and costs of product development, enabling the company to introduce a stream of new products and stay ahead of competitors.
What is Apple’s competitive market?
Apple’s market share in the global personal computer market is 8.2% which makes it the 4th largest in the world. Apple’s main competitors in this global personal computer market are Lenovo, HP Inc, Dell, Asus and Acer with 24.9%, 21.2%, 16.2%, 16.4%, 6% and 5.9% market share respectively (Holst, 2021).
What is the nature of Apple’s business?
manufacturing technology
The nature of the business is manufacturing technology devices, operating software, application software and providing services. One of the things that has become clear over the years of dealing with Apple products and different parts of the organization is, the company is very, very compartmentalized.
Does Apple have a sustainable competitive advantage?
Apple’s closed ecosystem and brand appeal will protect its core iPhone business from hungry rivals. However, investors shouldn’t overlook Apple’s sustainable competitive advantages — the long-term strengths that give it a lasting edge over its rivals.
What are the disadvantages of Apple company?
Apple’s Weaknesses
- High Priced Products. Apple’s products can be considered a luxury due to their premium prices.
- Limited advertisement & promotions.
- Incompatibility With Other Software.
- Allegations of Tracking.
- Unfair business practices.
Is Apple a successful company?
Apple’s success is also due to the high quality of its products. With these quality products, Apple has become a Love Mark brand. The products produced by the company are so high quality that even though they sell millions of products in the world, the defective products are almost nonexistent.
Is Apple’s business model sustainable?
The tech company outlined an ambitious plan to reduce its carbon footprint. Apple will focus on making its supply chain and manufacturing more sustainable over the next decade. The company has received favorable environmental reviews since 2017.