
Analysis of the Product Evolution and Marketing Strategy of Apple Company
- 1 Huron University College
* Author to whom correspondence should be addressed.
Abstract
Apple Inc. has been one of the dominant enterprises within the industry but still faces problems like losing market share. This paper aims to analyze the strength of Apple’s product and the corporate concept to better understand and cope with the industry market. The research will mainly focus on Apple Inc.’s products, market strategies and developmental strategies with published information. In general, Apple products’ unique characteristic is crucial for the company to dominate the market. To regain the market share, Apple Inc. needs to establish suitable pricing and market strategy to adapt the changing environment and universal consumer groups. At the same time, Apple Inc. should further develop its unique characteristic to expand its products’ advantages.
Keywords
product evolution, marketing strategy, apple company
[1]. Taylor, P. (2023, January 3). US Mobile smartphone OS market share 2012-2022. Statista. Retrieved February 21, 2023, from https://www.statista.com/statistics/266572/market-share-held-by-smartphone-platforms-in-the-united-states/
[2]. Laricchia, F. (2023, January 17). Global Mobile OS Market Share 2022. Statista. Retrieved February 21, 2023, from https://www.statista.com/statistics/272698/global-market-share-held-by-mobile-operating-systems-since-2009/
[3]. Apple Target Market & Marketing Strategy Analysis: Business Paper Example. Business. (n.d.). Retrieved February 21, 2023, from https://business-essay.com/apple-companys-marketing-strategy-analysis/
[4]. MacBook Pro 14-inch and MacBook Pro 16-inch. Apple (Canada). (n.d.). Retrieved February 21, 2023, from https://www.apple.com/ca/macbook-pro-14-and-16/
[5]. Joseph, Cases, K., Pia, Abigail, Juliet, & Gabbie. (2022, September 16). Apple M1 chip vs Intel: The two powerful processors compared. Robots.net. Retrieved February 21, 2023, from https://robots.net/tech-reviews/apple-m1-chip-vs-intel-the-two-powerful-processors-compared/
[6]. The evolution of apple IOS. CNET. (n.d.). Retrieved February 21, 2023, from https://www.cnet.com/pictures/the-evolution-of-apple-ios/
[7]. Parisa, P. author B. M. and. (2021, May 4). Apple's global distribution channels. Global Marketing Professor. Retrieved February 21, 2023, from https://globalmarketingprofessor.com/apples-global-distribution-channels/
[8]. Moorman, C. (2022, October 12). Why Apple is still a great marketer and what you can learn. Forbes. Retrieved February 21, 2023, from https://www.forbes.com/sites/christinemoorman/2018/01/12/why-apple-is-still-a-great-marketer-and-what-you-can-learn/?sh=638b1b7115bd
[9]. Hiremath, N., & Gupta, N. (2022). Marketing Strategies used by Apple to Increase Customer Base. International Journal of Innovative Science and Research Technology, 7(7), 1293–1297.
[10]. How Apple is organized for Innovation. Harvard Business Review. (2023, January 30). Retrieved February 21, 2023, from https://hbr.org/2020/11/how-apple-is-organized-for-innovation
Cite this article
Pan,H. (2023). Analysis of the Product Evolution and Marketing Strategy of Apple Company. Advances in Economics, Management and Political Sciences,21,214-220.
Data availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
Disclaimer/Publisher's Note
The statements, opinions and data contained in all publications are solely those of the individual author(s) and contributor(s) and not of EWA Publishing and/or the editor(s). EWA Publishing and/or the editor(s) disclaim responsibility for any injury to people or property resulting from any ideas, methods, instructions or products referred to in the content.
About volume
Volume title: Proceedings of the 2023 International Conference on Management Research and Economic Development
© 2024 by the author(s). Licensee EWA Publishing, Oxford, UK. This article is an open access article distributed under the terms and
conditions of the Creative Commons Attribution (CC BY) license. Authors who
publish this series agree to the following terms:
1. Authors retain copyright and grant the series right of first publication with the work simultaneously licensed under a Creative Commons
Attribution License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this
series.
2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the series's published
version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial
publication in this series.
3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and
during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See
Open access policy for details).