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MGMT 7160 Presenatation. Jeff Baravik, DVM. Apple’s Business Strategy. Product Differentiation First Mover Innovation Diverse Offerings. Innovative First Mover. Pioneer in personal computer industry Introduced first PDA in 1993 (Newton) iMac and iBook in 1999. Innovative First Mover.
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MGMT 7160 Presenatation Jeff Baravik, DVM
Apple’s Business Strategy • Product Differentiation • First Mover • Innovation • Diverse Offerings
Innovative First Mover • Pioneer in personal computer industry • Introduced first PDA in 1993 (Newton) • iMac and iBook in 1999
Innovative First Mover • Launched iTunes application in 2001 • Introduced the iPod in 2001 • Opened the iTunes online store in 2003
Innovative First Mover • Released the iPhone in 2007 • Launched the iPad in 2010
Apple’ Corporate Strategy • Diverse product offering • Strategic Alliances • Vertical Integration
Diversification • In 2007, Apple Computers, Inc. dropped the “Computer” • This signified apples new emphasis on consumer electronics
Strategic Alliances • Historically avoided alliances • Failure to license software • IBM and Apple venture • Apple and AT&T
Vertical Integration • Limited Vertical Integration • Apple Retail outlets opened in 2001 • Don’t want to cannibalize distributors
Strategic Challenges • Succession Plan • Continued Innovation • Fierce Rivalry • Lack of Openness
Succession Plan • Steve Jobs