Iphone 5s

In: Business and Management

Submitted By m3400122000
Words 385
Pages 2
SWOT analysis
Strengths

1. Customer loyalty
Apple has a wide range of apps, software and products that all have connection with each other. Especially, iOS system, it matches all of Apple products, such as ipod, ipad, iphone, MAC. The customers will prefer to buy Apple’s products for the convenience of using iOS system. It makes the customers become loyal to Apple.

2. Strong financial performance
Apple’s financial performance is one of the best among many companies. Company holds about $ 158.8 billion in cash (2014 Q1), which can be used for acquisitions, buying back company shares and other matters.

3. Agreements
Having strategic agreements with well-known mobile companies, like T-Mobile and AT&T.

4. Ease of use
Apple has friendly design elements for both hardware and software parts of iphone, such as, Siri, 3.5mm audio and so on.

Weaknesses

1. High price
Apple’s products cost much more than its competitors devices. It becomes a weakness because consumers can easily choose lower price products with similar quality.

2. Less new products
Apple releases one phone per year, but other competitors release lots of products for various types per year.

3. Apps are controlled by iOS
Iphone is equipped with own Apple operation system, iOS. And Apps which work with IOS can only be downloaded from App Store.
Opportunities

1. High demand of iPad and iPhone 5S
When the new product releases, it’s very popular and high-demanded. Last year, new iphone 5S had high sales

2. Growth of smart phone markets Growth of smart phone markets is a good opportunity to increase market share in these markets.

3. Obtaining patents through acquisitions
Apple lacks of some patents to sustain its growth and the best way to acquire those patents is to acquire the firms holding them. In addition, Apple could develop new skills and competencies.

4.…...

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