Industry Analysis Research Paper Example | Topics and Well Written Essays - 1000 words

Industry Analysis - look into Paper ExampleThis paper lead analyze the competitiveness of apple Inc in the industry. Application parcel industry analysis Introduction Apple Inc was established in Cupertino, California back in April 1976. Apple manufactures the Mac OS X operating system, the iWork suite of productivity software and iTunes media browser. Some innovative products allow in the Final cut Studio that includes professional audio and film industry software. The company has earned a good reputation due to its philosophy of innovation, aesthetic product design and distinctive market placeing efforts. In the year 2009, the global sales turnover was $ 42.91 billion (Hoovers 2012). Mac OS X, based on NeXTs OPENSTEP and BSD Unix was launched in 2001 after several years of research and development. Mac OS X combines reliability, security of Unix and ease of the exploiter interface. In the same year, iPod digital audio player was introduced while the iTunes store that offers online music was introduced in 2003. to a greater extent than 5 billion music downloads had been sold by the year 2008 (Henry, 2008). Microsoft Corporation has its headquarters in capital of the United States that develops licenses and manufacturers different computing products. Some of the product divisions include servers and tools, entertainment, windows and windows live division, and Microsoft business division. Microsoft has not only cerebrate on its software division but also consumer electronics, digital distribution, video games, hardware and online advertising (Hoovers 2012). The military commission of the company is to help businesses around the globe to realize their full potential (Ungson & Wong, 2007). Apple Inc has various strengths that fill the company competitive in the application software industry. Apple has a considerable market tract due to its reputation of innovation. Apple has a competitive pricing strategy and maintains the operating costs put down than Microsoft. Apple has consistently differentiated its products and like the communications and media products. Apple has achieved customer loyalty due to in postgraduate spirits quality software than Microsoft software (Hoovers 2012). Unlike Microsoft, Apple Inc has a strong online presence which has enabled the company to make market leadership in the online sales (Ungson & Wong, 2007). STEEP Analysis Steep analysis refers to the social, technological economic, environmental and political factors that determine the competitive capabilities of the businesses in a particular industry. These external factors influence the competitive strategies that firms in the industry must implement (Hill & Jones, 2009). Social environment The social environment is conducive for Apple Inc business. The arena population growth rate is currently high where the youth comprise majority of the population. The level of literacy is high since most of the countries have compulsory education laws thus t he demand for application software will bear on high. Generally, the US citizens have positive attitudes towards work and use of software products to facilitate the efficiency of work. US citizens need quality and innovative products thus the demand for Apples application software and other media products will remain high (Ungson & Wong, 2007). Technological environment The recent advances in computing and use of the internet to market application software will enhance the market share for Apple (Hoovers 2012). Apple utilizes modern technology in the design and manufacture of its products like the iPhone. Unlike Microsoft