Apple is truly a solid company that has really shown a lot of growth and innovation over the years. It is no wonder why they are the number one most valuable company now. They have overtaken Exxon Mobil which is valued at $330.77 billion with Apple's very own $337.17 billion (Mclntyre). This is particularly amazing due to Exxon and Walmart of having way higher sales then Apple. The funny thing is that was not that long ago that this happened. Now Apple Inc, is worth $624 billion which is the world's highest valued company ever (Svensson). Apple's products continue to bring about lots of innovation and the consumers just eat it up. This is due to the products being very user friendly and fast but also aesthetically pleasing. "Steve Jobs and to a lesser extent, Steve Wozniak, built Apple on making aesthetically pleasing and easy to use products"(Street). That has been the key or foundation of all products since Steve Jobs has been there. It's also what makes Apple so special and sets them apart from the competitors. For instance when digital mp3 players started hitting the market they were all confusing and complicated to work.
This makes for a hard decision to buy based on hard to work concepts and ugly looking devices. Well Apple like they have grown so well in doing saw this and knew there needed to be simplicity. They came out with the first iPod on October 31st, 2001 in which "The iPod sold beyond everyone's expectations, went on to revolutionize the entire music industry, and the rest is history"(iPod). So like this fine example of how Apple has changed the game and brought innovation they will continue to do so as they stick to their core fundamentals. If Apple's latest business model continues one can be sure that the future business prospects will be huge in the new few years. From 2009 the company has over tripled its revenues and profits making the investors very happy and its own financial health.
[...] It's something no other company really has down in terms of turnout and publicity. With this and Apple's ever growing fan base and loyal customers it's easy to see that Apple will be in great shape with sales and numbers for the years to come. Another statement from a customer, " "We're Apple fanatics," she says. "It's amazing to see people get together and just bond over one thing" (Petrecca). Another look at how great the marketing and legacy of Apple is that the people doing the advertising for them. [...]
[...] The funny thing is that was not that long ago that this happened. Now Apple Inc, is worth $624 billion which is the world's highest valued company ever (Svensson). Apple's products continue to bring about lots of innovation and the consumers just eat it up. This is due to the products being very user friendly and fast but also aesthetically pleasing. "Steve Jobs and to a lesser extent, Steve Wozniak, built Apple on making aesthetically pleasing and easy to use products"(Street). [...]
[...] These numbers are beyond doubt shocking specially with the iPad being up 311%. This is why Apple has become such a dominating force and something to be looked up upon. The company grew all its sales numbers across the board and some just incredibly shocking to grasp and get ones' head around. Now touching upon the geographical reach of Apple and how strong the demand really is for Apple products. Apple had distributed the iPhone in 105 countries through 228 carriers, and the iPad in 90 countries (Apple 10-K). [...]
[...] I have no hesitation in saying that the business prospects for the new few years will definitely be successful. Apple will continue to put more money into research and development as their profits increase. In fact, "Apple has increased its research funding over 655% over the last decade, far more quickly than Cisco, Intel or Microsoft" (Rosenman). What comes even more shocking is that, "Despite the dramatic increase, Apple spends only of its revenue on R&D under Microsoft Cisco and Intel (Rosenman). [...]
[...] The company reported in January that its sales grew 73% last year" (Goldman). These numbers and stats just continue to show and add support of how dominating Apple has become and the key role that it plays in the world, market place, and in customers. With such a capitalizing stance in the market and presence on its customers Apple is truly one of a kind. The future really only likes brighter for Apple as they continue to release more products and continue to bring innovation to the industry. [...]
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