Thursday, January 2, 2020

Essay on apple - 711 Words

Apple Computer experienced many difficulties in the 1990’s. As five years passed, the company has had four different CEO’s. As each CEO took over, the company would go thru a different reformation. In July of 1997, Apple had submitted two-thirds of its market share. It was said that losses topped 1.6 billion dollars and shares were trading near all-time lows. Co-founder Steve Jobs had come to Apple’s rescue when the company was at its lowest point. He unleashed a series of dramatic moves like a stunning decision to sign a long-term cross-licensing agreement with Microsoft for $150 million dollars. Jobs then ended Spindler’s(former Ceo) cloning strategy and went on to kill the Newton, John Sculley’s(both former Ceo’s) pride and joy. Job’s†¦show more content†¦After a several months, they had made 200 sales and taken on a new partner. He was A.C Mike Markkula, Jr., a minted millionaire who had retired from Intel at the age of 33 . Markkula, who was active in attracting venture capital, was the experienced businessman on the team; Wozniak was the technical genius; and Jobs was the visionary who sought to change the world through technology. He made it Apple’s mission to bring an easy-to use computer to every man, woman, and child. In April of 1978, the company had launched the Apple II, a simple machine that ordinary people could use straight out of the box. This machine had set off a computing revolution that drove the personal computer industry to $1 billion in annual sales in less than three years. Apple quickly became the industry leader, selling more than 100,000 Apple IIs by the end of 1980. In December 1980, Apple launched a successful IPO. nbsp;nbsp;nbsp;nbsp;nbsp;Apple’s competitive position changed fundamentally when IBM entered the PC market in 1981. The IBM PC, which relied on Microsoft’s DOS operating system and a microprocessor from Intel, was stolid and gray when compared to the graphics and sound enhanced Apple II. But the IBM PC was a relatively open system that other manufacturers could clone. By comparison, Apple’s computers relied on proprietary designs that only Apple could produce. As IBM-compatibles proliferated, Apple’s revenues continued to grow, butShow MoreRelatedApple Production891 Words   |  4 PagesTotal production of apple fruit in Himachal Pradesh has increased from 892112 (MT) in 2010-11 to 777126 (MT) in 2015-16. In 2011-12 and 2014-15, apple production declined due to heavy rains and hail storms in apple orchids which effects its cultivation, after all apple production of Himachal Pradesh is growing rapidly. 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