Apple Inc- Swot Analysis

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Apple Inc. Kaleah Daniels Apple Inc also known as Apple Computer Inc. is was founded in April 1976 in Cupertino, California and was incorporated January 1977. In January 2007, “Computer” was removed as a declaration of expansion into the consumer electronics industry. The company’s product line also includes computer software. Its’ hardware products are Macintosh computers, iPhone, iPod and iPad. Apple software includes the Mac OS X operating system; iTunes media; the iLife suite; the iWork suite; Aperture; Final Cut Studio; Logic Studio; the Safari internet browser; and iOS. Today, the company operates 317 retail stores in ten countries, including 233 stores in the United States and an online store. As of September 2010, Apple had 46,600 full time employees and 2,800 temporary employees worldwide and worldwide annual sales of $65.23 billion. In October 2010 shares reached a record breaking peak of over $300. As of May 2011, Apple is one of the largest companies in the world as well as the most valued technology company in the world, having beaten Microsoft, operating in the Americas, Europe and Japan. While the company is at its peak of success, it is not invincible. Executives should still be concerned with remaining innovative, maintaining competitive advantage, becoming vulnerable to competition as well as social responsibility. An examination of Apple’s strengths, weaknesses, opportunities and threats will provide a synopsis of its internal and external factors to determine areas of concerns and/or other key issues. Strengths Brand Image The Apple brand has established an irrefutable reputation of excellence amongst consumers. Possessing an extremely high level of brand awareness and recognition includes a devout customer base. Apple uses its brand image to distinguish its products. The company’s strong brand helps it create entry barriers in the
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