Recommendations to achieve the good results in future

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Recommendations To achieve the good results in future, Apple Inc. should focus on reducing its operating costs while maintaining high sales revenue. This will ensure that it reports high net income, hence a higher profitability level. The other recommendations for Apple Inc. include; i. Expansion to the untapped markets ii. Developing of new technological products through intense research and development
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APPLE INC. IN 2015 9 Implementation Strategies Implementing these recommendations imply that the company will have to adopt some strategies. Some of the implementation strategies is to reduce the costs of operations and productions and increase its sales. This can be achieved by using less costly products in the operations. It can also cut on certain costs so as to realize a better performance. The company should intensify its research and developments by allocations much of its resources on the activities related to research and product development. As a result, it will develop better technological and innovative products and expand its market presence. Finally, expanding the market presence by Apple Inc. can be realized through increased advertising of its products to the untapped markets in various regions. Industry and Competitive Analysis Dominant Economic Characteristics Innovation The electronic equipment is highly reliant on innovation as a driving economic factor for its growth and sustainability. Apple Inc. has exceled in research and innovation through the development of products such as the Apple Watch and Apple Pay. The Apple Pay, for instance, has enabled the company create efficient systems for making virtual payments. Furthermore, the innovative products developed by the company is effective in attracting more customers; thus, a higher sales revenue and profitable. The company also introduced iCloud, a product created with the computer systems, making it a digital hub. High Growth Rate and Large Market Size Apple Inc. has realized high growth rate as indicated by the consistent improvement in its revenue and profits over the last few years. The company has reported significant improvement
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APPLE INC. IN 2015 10 in its revenue due to the extensive product portfolio that it offers to its products. One of the major factors that has facilitated the increasing growth rate is the increasing market size. Apple Inc. has a large market size covering various regions in the world. The large market size implies that there is a large number of customers attracted to the company, resulting into a higher sales revenue. A larger market size coupled with a high growth rate is an indication of a stable economic condition for the company. Based on the company’s available financial information, the company’s net sales has consistently increased over the last five years. In 2008, it reported a net sales of $37,491 while in the subsequent periods, 2010 and 2012, the revenue improved to $65,225 and $156,508 respectively and finally to $182,795 in 2014. The consistent rise in the net sales is an indication of a higher growth rate over the period. Its net income also reported a similar growth trend.
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  • Summer '16
  • Dr. Willy
  • ........., Apple Company

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