Question

Apple company opportunities with intext cation please and references (APA FORMAT)

Answer 1

Introduction- Apple Company Overview

Apple is an American MNC related to technology, which has its headquarter in California. It is one of the biggest four companies of technology in the world. It was founded by Steve Jobs, and its current CEO is Tim Cook.

Opportunities- Apple Inc.

1. Improvement in Artificial Intelligence: Artificial Intelligence is improving in this era. Thus, Apple should focus on extending its AI portfolio to increase the profit margins and to improve its position in the market.

2. Strong customer base: Apple has a strong customer base, its customers are loyal because Apple is providing better quality products and improved technologies to its customers.

3. Competent and specialized skills: The company has specialists and qualified professionals, which helps in better Research, Development, and innovation in the company in order to grab every opportunity to succeed.

4. Growing demand for its product: Because of the improvement of the standard of living of customers, the demand for technical gadgets like mobile phones, laptops, computers, etc. are also increasing. As a result, Apple's opportunity is increased.

Conclusion:

It is concluded that Apple Inc. has so many opportunities that can help in the crease its market share. Apple should perform market scanning to search for more opportunities and apply them to the company.

References:

Article: SWOT Analysis of Apple Inc.

Article by: thestrategywatch.com

Article: Apple SWOT2020

Article By: Business Strategy Hub

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