Apple has been a leader in innovation and design for years in the technology industry. Their commitment to give consumers the most practical, elegant designs has allowed them to set industry standards when it comes to computers, laptops, phones, and tablets. They have taken advantage on consumers’ desires to own well- designed products. Apple’s most iconic product, the iPhone, created a smartphone revolution with the cellphone community. It led to many other competitors attempting to copy the
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EXECUTIVE SUMMARY The word innovation and Apple are synonymous, from its inception in 1976 to date; it has innovated repeatedly and unceasingly with the one simple rule “SIMPLICITY”. Innovation being the key word here, the Apple strategy for the same is extremely consumer centric, they constantly create new products by assessing the needs of the consumer/consumers and in the process deliver new and cool products that possess high quality, craftsmanship and design. This case study discusses
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Apple Innovation, Technology Gregory Bourque Averett University Management Strategy BSA 444 Mike Jernigan PhD September 20, 2011 Apple Innovation, Technology Since its birth in 1976, Apple has remained a forerunner in innovation and technology with a temptation that enthusiasts can hardly resist. From iMacs to iPads, this 35-year-old company has repeatedly created consumer frenzies with elegant innovative products. As they ramp up the next buzz over the new iPad 3, scheduled to hit the
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1. Executive Summary Apple as one of the most famous and successful corporations and brands in the world can attribute its past success to Steve Jobs and their employees. The whole organisation understands the companies (mainly Steve Jobs) vision and philosophy. In Apple, employees think that they can change the world and bring completely new values to the customers by design and innovation. They not only want to deliver these new values in a simple way, but also want to provide the customers
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website:http://www.grin.com/en/e-book/167838/apple-s-approach-towards-innovation-and-creativity title: apples approach toward innovation and creativity author: Christoph Müller Rexter Sengah year: 2010 pages :14 ISBN (eBook) 978-3-640-84770-9 ISBN (Book) 978-3-640-84391-6 Excerpt Jobs who was ousted in 1985 was able to turn around the ailing company when he came back in 1997. Today, Apple is not only considered the most innovative company in the world
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Invention vs. Innovation Invention and innovation are often treated as synonyms in conversation, which is simply not the case. Though they are similar in meaning, there are nuances that are lost if the wrong word is used. Dictionary.com defines invention as “a new, useful process, machine, improvement, etc., that did not exist previously and that is recognized as the product of some unique intuition or genius, as distinguished from ordinary mechanical skill or craftsmanship.” Innovation, on the other
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Case Study: iPod to IPad: innovation and entrepreneurship at Apple Q1)What are the market segments indentified by Apple and their relevance over the years? Apple identified four key segments within the market: -Business, -Creative Professionals, -Education , -High end cosumers In 2000, 75% of the sales were to the traditional business and professional markets. The first ipod was launched in 2001 later followed by a 10 GB version. In 2003, the ITunes Music Store opened. Access to music and
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Strategic Management Case plus Case Answer – Apple’s Profitable but Risky Strategy Case study Apple’s profitable but risky strategy When Apple’s Chief Executive – Steven Jobs – launched the Apple iPod in 2001 and the iPhone in 2007, he made a significant shift in the company’s strategy from the relatively safe market of innovative, premium-priced computers into the highly competitive markets of consumer electronics. This case explores this profitable but risky strategy. Note that this case explores
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Innovation at apple referencing http://www.innovation-management.org/incremental-innovation.html http://www.metapress.com.v-ezproxy.brunel.ac.uk:2048/content/t8830t2741u85060/?genre=article&issn=0024-2586&volume=48&issue=8&spage=5 http://ubiquity.acm.org.v-ezproxy.brunel.ac.uk:2048/article.cfm?id=358977 http://www.businessinsider.com/how-apple-samsung-and-google-take-different-approaches-to-innovation-2012-11 http://www.nature.com.v-ezproxy.brunel.ac.uk:2048/nature/journal/v479/n7371/full/479042a
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By 2013 Apple had succeeded in becoming a successful company known for its innovation and quality which lead to the brand becoming hugely profitable ‘Apple was the most valuable brand in the world with a total worth of $104.3 billion’ (page 2). However, despite this success in the mature developed world the markets were becoming much more competitive with competition from smart phone rivals such as Samsung. This increase in market saturation was coupled with Apples falling IPhone sales which decreased
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