I have to admit that I am a fan of Apple Inc. products especially the iPhone. In fact, as I am writing this Individual Reflective Journal, I am waiting for the latest iPhone 7 which the critics claimed that rumours spread around the 2016 iPhone release will be on 12th September 2016. This phenomenon had caused a chaos to the fans and also technology lovers around the world who consistently update themselves with the product. This has got me thinking on the Positive & Negative Effect of Globalization on Apple Inc. specifically the iPhone. My personal experience, it is the quality that triggered me to buy the mobile phone. Ever since the iPhone 1st generation until now I am using iPhone 6 Plus, the operating system (OS) is really user friendly to most of …show more content…
being global is that it has to maintain its reputation being the best and leading company for cutting edge technology especially in iPhone. For the reason being is that when it has mass distribution globally, Apple Inc. does have a standardize Standard of Procedure, however, reports that I have read in news that there were certain defects for the products and also other problems occurred. This may personify an inefficient company for Apple Inc. as it does always portray a sophisticated company. Sooner or later this may tarnish the image of the company who is well known …show more content…
This is because Apple Inc. needs to maintain its revenue by selling it at US Dollars currency. However, when the products distribute globally, there are countries like Malaysia, Indonesia or other third world countries where they have a very lower currency which might jeopardize Apple Inc. sales and revenue. Through my observation, Apple Inc. never decrease their price through currency and sooner or later the sales of Apple Inc. will drop by stages through
By making their products differentiated from the competition, Apple can establish their own price. Apple believes that people will pay some more money if they know that what they are buying is better and more reliable. That is also the reason why Apple sells the same products all over the world, making no selection or differentiation depending on where the market takes place. The high costs of Apple’s products are the one of the reasons why Apple Inc. preferred to be
Apple Inc. is an American high-tech multinational corporation engaged in researching, designing and producing electronic technology products (Wikipedia, 2013). In 2007, the company changed the name from Apple Computer Inc to Apple Inc. headquartered in Cupertino, California (Wikipedia, 2013). The company was established on April 1st, 1976 by Steven Paul Jobs, Stephen Gary Wozniak and Ronald Gerald Wayne (Wikipedia, 2013). Apple Inc. is popular for its unique innovation and mind-boggling development rate. The products include the Mac line of computers, the Apple TV device, the iPhone smartphone, the iPod music player and the iPad tablet computer (Wikipedia, 2013). In addition, Apple Inc. has developed over 850,000 kinds of unique App software (Apple Inc., 2013), two practical online shops (iTunes Music Store and Apple App Store) and simple operating systems (OS X and iOS) for customers. In recent years, Apple has been a hot topic of concentration for people all over the world. In this essay, I’d like to explore why and how Apple has become a successful media institution through analysis of the globalization and ideology of Apple. Furthermore, I will discuss the situation of Apple in China.
The March 22 hearing on the motions filed in the case of U.S. v. Apple should have concluded in the United States' favor. The United States properly filed a motion to compel Apple to assist the United States government in unlocking an iPhone that was reasonably believed to contain information regarding a terrorist attack that killed 14 people and wounded 21 others. The iPhone belonged to the County of San Bernardino--who consented to having the iPhone searched--and was used by the County's former employee, Syed Farook--who turned out to be the terrorist behind the aforementioned terrorist attack. In his employment contract with the County, Farook also consented to the iPhone being searched. Since this is true, and because terrorism is a serious
In this report, I prove that Apple’s iPhone has dominated all other smartphones in the years leading up to 2016. It is the epitome of what a globally recognized product can accomplish when considering how quickly it globalized and the image it provides for those who buy an iPhone. Owning one of these phones is not only a statement, it holds power and value that other smartphones simply cannot top. The company owns the stage when compared to other smartphones, and it’s journey to become the world’s second-largest mobile phone manufacturer is truly incredible. In fact, not only does it lead in technology and phone production, it’s become the largest publicly traded TNC in the world. Everything from its assets to its brand loyalty prove why it has expanded across the globe, and will continue to for many years to come. Apple Inc. has globally expanded by outsourcing nearly every level of its production and became one of the most successful and revolutionary TNC’s in the world, mainly due to the release of the infamous iPhone in 2007.
The other nine are limited to only official iPhone pages which merely provide information about Apple products (Anon., 2010) .Therefore although Apple is avaible in almost all areas of the world the extent in which it is availble is limited. Apple is a constantly growing company so it may not be long before it is fully available world wide which means Apple is limited in how globally distanct it is. Futhermore Apples ability to expand may be effected not only by Apples own ambition and desire to do so but also by the restrictions placed on a nation by its government. For example in china apple had no real presence until January 2014 (Bloomberg, 2013) where it was only through agreeing a deal with a Chinese network ‘China Mobile’ was apple able to gain a foothold in china despite many of the components of there products being assembled in that general region. This therefore also shows a limiting factor to Apple’s ability to being global in distance by highlighting the power and influence states can have on a company’s ability to expand into those regions.
Apple is not only a known brand, but also a reliable one. Many consider them, to be an electrical giant. The fact that Apple decided to take its company global created both advantages and disadvantages, both local and overseas. Here are some of the pros that are associated with Apple's decision to go global. Apple created 700,000 jobs in overseas countries, decreased the overseas unemployment rate, decreased labor costs, increased profit margins, and productivity to meet high demands for their products. All of this was possible because they entered into a more flexible, diligent, and industrialized workforce in the overseas market.
The definition of globalization explains that a concept in which the different economies of the world unify with each other by reducing the barriers like of international trade, related to export and imports. Globalization focuses on maximizing the economic efficiencies of the countries that are related to services, products, and manufacturing. It also develops and foster international relations and competition. “Croteau, Hoynes and Milan (2011) say globalization “involves a number of ongoing interrelated processes, including the internationalization of finance and trade (p. 326).” Due to the development of globalization, Apple increased its profits. In America’s earlier years, the car was a key to the U.S. economy. Today, a new economy structure has emerged in part due to Stew Jobs (former CEO of Apple) who helped lead the U.S. technology market to the top (The New York Times, 2011). Apple has been seizing
Globalization may be defined as the integration of the world 's people, firms and government. In the modern context, globalization is usually the result of closer ties in international trade, known as bilateral trade agreements. The WTO and NAFTA are two examples of such bilateral trade agreements. With such agreements, cross-country investment increases. This increase in investment is aided by the increase in information technology and communications, which has undergone a significant advancement over the last two decades with the rise of the Internet and mobile telephony (Green, 2013). It is important to the business to expand; global expansion and globalization would a positive business decision to complete in this process due to the strategic goals and objectives the company possesses. Healthy growth can be accomplished by globalization of specific areas selected and determined through research of market and development of these areas outlined within.
The world economy demands individuals drive innovation. Apple, has nearly 750,000 employees with only 43,000 of them being a part of the American workforce (Robbins & Judge, 2013). Apple discovered that employing skilled workers outside the United States to assemble product hardware would position the company to better meet product demand. Global expansion equips Apple with the ability to meet demand, guarantee its customers a quality and reliable product, which in return generates billions of dollars in revenues annually.
There are three underlying issues with this case. The first is with the possible long-term consequences if Apple were forced to comply with the court order. Cook’s argument is that Apple can 't just bypass the protections for one phone and expect other phones to remain secure. In an open letter to customers he wrote, "Once created, the technique could be used over and over again, on any number of devices,” going on to say, "In the physical world, it would be the equivalent of a master key, capable of opening hundreds of millions of locks." The FBI continues to say that after this one use Apple can destroy this software, which would eliminate the risk they are worried about. But this disregards they fact that in a digital world nothing can be so easily destroyed. Once created the possibilities of the technology getting into the wrong hands are huge. Apple is not alone in this opinion; many of the large technology firms are in agreement including Google, Microsoft, Facebook, and Twitter. These companies are aware that if the FBI is successful in their suit against Apple, that they will be next in line for similar suits against them.
This research paper entails an in-depth analysis of the multinational enterprise, Apple Inc. The goal is to illustrate how this company functions as a whole and how it is a leader in the technology industry. The research has been done by exploring the firm’s products, competitive position in the market, financial performance and foreign operations. A financial sample has been included to paint a picture of the company’s good standing in the year 2013. After examining these core factors, it is clear the Apple Inc. is a successful multinational company that has set a standard for the future of technology through its products. The company’s culture and modern marketing techniques highlight the importance of the strong foundation the company is built of. This research will provide important information that shows the company’s strategy that has numerously proven its succession. Apple Inc. is in good standing presently and forecasted to do the same in the years to come and mark a legacy for the modern era.
Globalization is the distribution of products and services to nations around the world. Each nation 's economy is integrated and interdependent upon each other. The "Global Trade: Identify the Losers" (2011) website states, American companies such as Apple create jobs in the United States but have also created jobs elsewhere. There are increasing job distribution overseas because of the number of applicants at a fraction of the salary. The "Global Trade: Identify The Losers" (2011) website highlights with globalization organizations can choose to source their manufacturing needs in other countries where labor is less costly. Technological and innovation advancements have permitted globalization to grow decreasing barriers to trade. Organizations can
Apple is being criticized in China for three main issues, including slave labor, guarantee scandal and underdeveloped infrastructure. However, China is a significant market for Apple. Apple’s market share in China is continuously growing while decreasing in mature countries. Issues related to human rights and labor protection in China are sensitive and of globally mutual concern. If we do not address these issues properly, we will lose Chinese customers as well as suppliers and sub-contractors. This may also seriously impact the reputation and sales of Apple products worldwide.
Globalization involves "shrinking" or reduction of the world as well as an increased consciousness in regards to the world as a whole. Globalization is a term which is used in the description of changes in societies and the economy of the world which results in a dramatic increase in investment, cross border trade s well as cultural exchange. Globalization is dominated by nation states, economies of national and the cultural identities of nations. Globalization creates an interconnected world with a global mass culture which is commonly referred to as a global village (Egnatz, 2011).
The world’s most valuable brands are Apple, Microsoft, and Google. Apple is such a globalized icon that within the first quarter of 2014 Apple earned more than Google, Facebook, and Amazon combined. As an Apple iPhone owner I am globally involved through my day to day actions. Apple is a very popular technology that a large amount of the world’s population owns. Owning an iPhone connects me to over millions of people around the globe making us part of globalization, which is “The expansion and intensification of social relations and consciousness across world-time and world-space” (Steger 15). Apple customers are exposed to capitalism, economics, and sustainability through their purchase of Apple products, most commonly iPhones, which ties them into globalization.