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SWOT Analysis Assignment (Apple Products)
SWOT Analysis Assignment (Apple Products)
Table of Contents
Introduction................................................................................................................................3
SWOT analysis...........................................................................................................................4
Conclusion..................................................................................................................................7
References..................................................................................................................................8
Introduction
I think the most profitable to the least profitable product of Apple among the four
products (iPod, iPhone, iPad, Apple watch ) are the iPhone, iPad, Apple Watch, and then
iPod. My rationale for rating these products of Apple is that as we all know the core product
of Apple is the iPhone. For the last few years, the iPhone has held 50 -70% of the revenue of
Apple. The popularity of the new models of the iPhone has helped Apple to earn higher
profits and revenue than predicted by the Analyst of Wall Street. iPad was launched by Apple
in 2010 and was very much popular among the people as a commercially successful tablet
computer. During that time, it was the top product of the company in terms of industry-wide
sales number and proportion of the income of Apple. People tend to buy iPhones in
comparison to iPad as a result share of iPad in the global market in 2019 fell to 36.5%. Apple
watch is also quite popular among the people as it provides fitness and healthy lifestyle
features. As people in recent times are embracing a healthy lifestyle, Apple has successfully
built up Apple watch according to the needs of the people. The least profitable product is the
iPod as people generally use their phones to listen to music (Graham, 2007).
SWOT analysis
Strengths Weakness
High priced product: the products of
Global brand image: Apple has a
Apple have premium pricing as it is
good brand image at a global level
considered as a luxury. The main
for its products such as smart
customers of Apple are high-middle-
devices and advanced personalised
class individuals.
computers.
Limited promotion and
Unique products and services: Apple
advertisement: Apple uses limited
aims at expanding its service
resources for advertising as the
portfolio by including products such
brand relies deeply on the flagship
as AppleCare, iCloud, etc (Sarsby,
and iconic retail stores. The global
2016).
success has made the brand unaware
The prices of the products of Apple
on spending on an excessive
are high as it promotes itself as
advertisement in comparison to its
selling a lavish and sleek lifestyle.
rivals (Sathappan, 2017).
Sustainable products: Apple uses a
Incompatibility of products: it is
recycling robot named Liam for
seen that the products of Apple fail
dissecting and breaking down an
to support other technologies or
iPhone.
software.
Opportunities Threats
Market penetration: there has been a
Technological advancement: Apple
drastic change in the market share by
is constantly upgrading the use of
android brands such as HTC,
technology such as more utilisation
Samsung, etc. The market share of
of artificial intelligence in its Android is 72.23% whereas for
explore green technology for its company has made its customers
batteries.
Apple watch, is huge as the company is constantly working on its various internal and
external factors of business to increase its customer base. Apple is constantly upgrading the
use of technology such as more utilisation of artificial intelligence in its products and
services.
Some of the strengths that will help Apple to strengthen its opportunities are global brand
image and sustainable products. The use of sustainable products will attract more customers
who are concerning ecological imbalance in the environment (Razak et al., 2020).
The two weaknesses that Apple needs to address are limited advertisement and
promote their new and existing products. Apple should try to connect with its targeted
customers at an emotional level as it helps in understanding the needs and preferences of the
customers. Apple needs to make its products compatible with other Android software so that
The two external threats Apple faces are an increase in the level of competition and lawsuits.
The increase in the level of competition is a major threat for Apple as numerous smartphone
companies are coming into the market with similar goods and services but at a lower and
reasonable price than Apple. Apple can overcome this threat by revising its current pricing
policy or by launching new technologies. To overcome the issue of lawsuits, Apple needs to
take care of the product quality so that it does not lose loyal customers (Alvarez, 2019).
Conclusion
I have learned that it is important for a business organisation to use the marketing mix
for marketing its products and services. The internal and external environment needs to be
analysed properly so that the marketing mix undertaken by an organisation can be successful.
The use of proper marketing strategies will help Apple in understanding the products offered
Alvarez, A. (2019). Apple’s App Store: Exploring the Future of Antitrust Laws. FAU
Undergraduate Law Journal, 1, 9-9.
https://journals.flvc.org/FAU_UndergraduateLawJournal/article/view/108902/104043
Razak, M., Hidayat, M., Launtu, A., Putra, A. H. P. A. K., & Bahasoan, S. (2020).
Antecedents and consequence of brand management: empirical study of Apple’s
brand product. Journal of Asia Business Studies.
https://www.emerald.com/insight/content/doi/10.1108/JABS-01-2019-0030/full/html