7. New entrants
it can be said that it is rather difficult for new companies to enter
this market as high investments are needed in order to be able
to produce high-tech devices.
Buyers
User-friendly, light and practical devices
Loyal consumer base
Substitutes
Direct substitutes form the product portfolio of the whole industry
Indirect substitutes refer to product of the whole entertainment
sector
Industry competitors
the industry is characterized by a very fast
changing and innovative environment and high
competition,
key players: Samsung, Dell, HP, Microsoft
8. Suppliers
Figure 4: Critical metals and main ratios (Industry Report - Midas Research, 2011, p.
9. Innovativeness The company keeps revolutionizing the
market by launching new products which often serve as a
sample for the competitor’s products
Strategic alliances with AT&T, Microsoft, Intel, Google, etc.
failed alliance with Motorola for ROKR E1 in 2004
Closed ecosystem Apple integrates only its own
software, hardware and applications into its products
10. Apple has the reputation of being one the most secretive international
firms
No hierarchical system
Shaped by Steve Jobs
Tim Cook the new CEO of Apple
Challenges
to keep Apple as market leader on innovation
to compete with big players
Advantages
Corporate culture built by Steve Jobs
Ready projects for the next 18 month
11. very innovative company that successfully
operates within the fast-changing and
extremely competitive high-tech sector
competitors Apple pursues an elaborate
strategy of carefully chosen alliances and a
loosened proprietary system
After the death of Steve Jobs, Apple has now
reached a crucial point
Time will show what will be with Apple in the
future
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11th: http://arbeits-abc.de/wo-arbeiten-spass-macht-die-international-beliebtesten-
arbeitgeber/, download date: 26.11.2012
The Economist (2012): Business this week, November 17th: http://www.economist.com/news/world-
week/21566700-business-week,
download date: 26.11.2012
Hordenbach O., Rödel T. (2011): Seltene Metalle und Seltene Erden – Rohstoffe für das 21.
Jahrhundert, Industry Report Midas Research, pp. 1-45
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http://www.management-issues.com/2010/9/9/opinion/innovation-lessons-from-apple.asp, download
date: 28.11.2012
Apple Press Info (2012): Apple Sells Three Million iPads in Three Days
http://www.apple.com/pr/library/2012/11/05Apple-Sells-Three-Million-iPads-in-Three-
Days.html, download date: 28.11.2012
Heracleous L., Papachroni A. (2012): Strategic Leadership and Innovation at Apple Inc, Warwick
Business School
Cruikshank J. (2006): The Apple Way, McGraw Hill: New York
Strategic Management (2011): http://mtvanhelder.tumblr.com/, download date: 28.11.2012
Mobile-Review (2010): Apple's Phone, June 17th
http://www.mobile-review.com/print.php?filename=/articles/2010/iphone-history2-en.shtml, download
date: 28.11.2012