Apple announced a new credit card named the Apple Card to up its game in the rapidly changing financial services market. However, that doesn't mean Apple's going to run away with the content market. In this case, the following are the most notable strengths of Apple Inc.:Apple is one of the most valuable and strongest brands in the world.
In Apple’s case, the following threats are the most significant:Tough competition in the industry is partly because of the aggressiveness of firms. In the context of this SWOT analysis, aggressive competition has a limiting effect on Apple Inc. Because of the aggressive behaviors of competing firms, it is necessary to have strong fundamentals for maintaining competitive advantages.
In Apple’s case, the following are the most significant opportunities:Apple Inc. has the opportunity to expand its distribution network. Additional credit card incentives, such as cashback, look relatively similar to the competition but are tablestakes in the marketplace. I'm the author of "Right-Time Experiences: Driving Revenue with Mobile and Big Data" published by John Wiley and Sons and the co-founder of the Emerging Technology Research Council. Weaknesses are internal factors that are obstacles to business growth. It makes a small percentage of every transaction. While the cadence of hardware purchases will slow, hardware upgrades remain vital for supporting the next generation of compute-intensive animation, virtual reality, and artificial intelligence applications. I'm the author of "Right-Time Experiences: Driving Revenue with Mobile and Big Data" publishedI'm a technology industry analyst and strategic advisor at Lopez Research.
Another recommendation is to establish partnerships with more distributors to improve the overall market reach of the company’s distribution network.We use cookies for website functionality and to combat advertising fraud.Copyright by Panmore Institute - All rights reserved.This article may not be reproduced, distributed, or mirrored without written permission from Panmore Institute and its author/s.Apple Inc. PESTEL/PESTLE Analysis & RecommendationsApple Inc.’s Organizational Structure & Its Characteristics (An Analysis)Samsung’s Organizational Structure & Its Characteristics (An Analysis)General Electric Company (GE) SWOT Analysis & RecommendationsWalt Disney Company SWOT Analysis & RecommendationsSamsung’s Generic Competitive Strategy & Intensive Growth StrategiesSamsung’s Organizational Culture & Its Characteristics (An Analysis)Samsung’s Mission Statement & Vision Statement (An Analysis)Google’s Organizational Culture & Its Characteristics (An Analysis)Google’s Organizational Structure & Its Characteristics (An Analysis)Walt Disney Company Five Forces Analysis (Porter’s) & RecommendationsGeneral Electric Company (GE) Five Forces Analysis (Porter’s) & RecommendationsGeneral Electric (GE) PESTEL/PESTLE Analysis & RecommendationsWalt Disney Company PESTEL/PESTLE Analysis & RecommendationseBay Inc. Five Forces Analysis (Porter’s Model) & RecommendationsGeneral Electric Company’s (GE) Marketing Mix or 4Ps - Analysis
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