Business Report - Apple Inc. Term Paper

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Total Length: 1160 words ( 4 double-spaced pages)

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(Apple iPhone: Revolutionary Phone)

Revenue and Profit & Loss for 2005:

For the fiscal year 2005, Apple Inc. earned revenue of $13.93 billion and a net profit of about $1.335 billion thereby showing an annual growth of 68% and 384% respectively. This represents the highest revenue on an annualized basis and net profit in the history of the company. (Apple Reports Fourth Quarter Results)

Company Location:

Apple Inc. is headquartered at "1 Infinite Loop, Cupertino, CA 95014-2083, U.S." incorporated in the year 1976. It operates in every major country and location as stated in its website www.apple.com.(Apple, Inc. (Apple)

2) Competing in global markets:

Apple has an illustrious past of always making application of cutting edge technology, slick design and customer friendly software to break the usual lock jam in which our machines have the potential to perform some works, nevertheless the developers have not been able to see the manner in which to make the experience simple, even pleasurable one for the users. This has been the major reason behind the people, particularly the swarming numbers who love iPods have been waiting for the phone with such eagerness. According to Steve Jobs, CEO, Apple, the iPhone is an excellently engineered, beautifully designed and creatively executed approach to a problem which no one has been able to unravel till date. It is a case of merging a phone handset, an Internet browser and a media player into a single package where every component shines, and the features are excellent. It is phone which witnesses the rare convergence of technologies. (at Last, the iPhone)

Its latest iPhone displays a rare implementation of the ultra-modern features such as integrating contacts with the phone function.

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The simply outstanding feature Visual Voicemail lets one view on screen the complete. According to the CEO, Steve Jobs, the iPhone is the most excellent iPods the company has ever been able to make. As regards competing in the global markets is concerned, web browsing happens to be the point where the iPhone leaves competitors a whole generation behind. It actually performs the job of compressing the Internet on a palm sized machine. Apple has been working strongly at enchaining the inaugural version of the iPhone by inviting web-based applications for it iPhone. Even the people who never buy the product are going to benefit from its excellent features. Nevertheless, for all its virtues, the iPhone continue to be a still risky proposition as it is yet to be demonstrated that, regardless of the wow factor, a lot of people are prepared to shell out several thousands of dollars higher compared to the present rate for the phones. (at Last, the iPhone)

3) Personal insights and opinions on Apple Inc.:

Steve Jobs together with his high school friend Steven Wozniak developed the Apple I computer in 1976 which saw the birth of Apple computer. Following a slew of subsequent launches, Apple was able to launch the Macintosh or Mac which is a PC for $500. After that a series of Powerbooks and iBooks were launched including the iBook. At this point, Apple made a strategic shift towards digital music and video such as the iMovie and the iDVD. The company hoped making Mac the "Digital Hub" of the new Digital Lifestyle" which would refurbish the sales of Apple and assure its long-term security. In 2001, Apple launched.....

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