External factors of the iphone 6 Martin Howland, Sabrina (insert), Jessica (Insert)

1. Social Factors> (A)Younger aged people want because because they want to stay updated (B)Iphone is very trendy (C)Bought as a status symbol Economic Factors>(A) Payment plans can be made so it is more affordable (B)When released, apple's stock hit an all time high $(102.50) (C) Apple has sales that are up 49 percent in the last 12 months Technological Factors> (A)Apple is known for being up to date with their products (B)Always innovating and advancing their iphones (C)Best screen and processor of the iphones Competitive Factors>(A) New and improved android operated phones are becoming a popular alternative (B)Older generations don’t need all the features of these new iphones (C)Other phone and tablet companies offer cheaper alternatives to apple's products Regulatory Factors> (A)Designed with features to reduce environmental impact (B) Antitrust law protects consumers from monopolies
2. ocial Factors
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(A) Younger people of age wanting and buying the iphone 6 creates an opportunity for apple by allowing room to market to younger ages and take hold of the revenue from them.
(B) Iphones being trendy creates an opportunity for apple by allowing them to control a major section of that market. People always want what's trending so this creates a demand.
(C) Iphone 6 is bought by people as a status symbol. Apple is known for high end products that deliver what you pay for. This may be a threat because there are a large majority of people who don't care about trends. If focused on being trendy it may lack marketing to the other targets
Economic Factors (A) Payment plans made by apple for their products creates a opportunity because you are reaching out to a lower income level household because it becomes more affordable. (B) Apple's stock hit an all time high when the iphone 6 was released. This is a huge opportunity because it shows the company is flourishing and makes people want to buy into it.
(C) Apple has sales that are up 49 percent in the last 12 months and that creates opportunity through prosperity.
Technological factors (A) Apples up to date products create opportunity because everyone wants what is best on the market
(B)With apple always innovating the products they create, they allow for more options and therefore more opportunities to sell to people that want more.
(C) Iphone 6 having the best and most up to date screen and processor gives an opportunity through creating the best product on the market strictly from a “What runs best” prospective

Competitive Factors (A)
New and improved android operated phones are creating a threat to apple because many people are buying androids as an alternative to the iphone with different features. (B)Older generations may not enjoy or even need all the new features and this creates a threat because another competitor may take advantage of the group that isn't buying apple, therefore creating more competition.
(C)Cheaper alternatives to apples products are a threat because it steals the customers away from apples. This will take away from apples part in the market.
Regulatory Factors (A)
Designed with features to have less of an impact on the environment is an opportunity because it shows they care about the environment and are attempting to make a positive impact.
(B) This is neither a threat nor opportunities.
3. When looking at stakeholders in apple there aren't any ethical or social issues they encounter. Apple is a very environmental friendly company and donates a lot of profits to organizations in order to help better the world ].