apple inc
TRANSCRIPT
THE COMPANY
THAT DAREDApple Inc.
ABOUT APPLE
American multinational technology company
Founded in 1977 as Apple Computers by Steve Jobs, Steve Wozniak and Ronald Wayne
Headquarters in Cupertino, California
TOPPED FORTUNE MAGAZINE’S WORLD’S MOST ADMIRED COMPANIES LIST 3 YEARS IN A ROW FROM 2008 TO 2010
PRODUCTS
The iPodReleased in 2001Game changer for Apple
The iPhoneVarious generations till date
The iMac
The iPad
BLOCKBUSTER PRODUCT!
The iPod paved way to all the other productsAchieved immense popularity
Introduction of iTunes
“PEOPLE FEEL THEY’RE WALKING IN
MUSICOLOGY”-John Mayer
iPod, in 2007, showed sky rocketing sales as a result of which Apple’s market share in other products increased.
INNOVATION IMPERATIVE
Apple has constantly worked on making the older products better. It has also worked on innovating newer products.It began with the iPod, followed by the iPhone, then the iPad, the iWatch and now the smart TV.
Apple has always exceeded customers’ expectations
“PUSH” and “PULL”
STRATEGYPUSH: Added mass electric retailers,
Bust Buy and Circuit City to its channels
PULL: SILHOUETTES Campaign; people listening to music on iPods
GROWTH, GROWTH and MORE GROWTH
2007: APPLE COMPUTER INC. Changed to APPLE INC.2009:iPod sales hit $8 billion2010:More than 250 million pieces sold worldwide
THE iPhoneiPhone 2iPhone 3iPhone 4iPhone 4siPhone 5iPhone 5SiPhone 5ciPhone 6iPhone 6siPhone 6s Plus
The iPad
INCREMENTAL INNOVATION
Launched series of iPods, iPhones and iPads
Kept customers on their toes
Cross Functional Teams
A cross-functional team is a group of people with different functional expertise working toward a common goal. It may include people from finance, marketing, operations, and human resources departments.
WHAT’s NEXT?
COMPUTER COMPANY
HAND-HELD DEVICES
HEY SIRI!
• BRAINSTORM USING CREATIVE TECHNIQUES
• ATTRIBUTE LISTING• FORCEED
RELATIONSHIP• MORPHOLOGICAL
ANALYSIS
SUMMARY• About Apple• Products• iPOD: The
Blockbuster Product
• Innovation Imperative
• Push and Pull Strategy
• Growth, growth and more growth
• iPhone• iPad• Incremental
Innovation• Cross Functional
Groups• What’s next?
Prepared by Krisha Bole, RCOEM, Nagpur
Under the guidance of Prof. Sameer Mathur, IIM Lucknow as a part of Marketing Management Internship