Author: Pooja Yadav.
Apple – one of the most transformative companies in today’s time. The company is consistently moving forward since it’s first Apple computer in 1976 to the iPhone 7 in 2016.
Their design is the main reason that they were as a huge hit. The most notable and best-selling products that come out in recent decades are from Apple.
The company considered to be one of the best and most innovative software to come out in the recent half a century – and from Apple – iTunes changed the way people listened to, stored, and shared music.
The primary factor Perceived value—the customer’s evaluation of the benefits and costs of one brand compared to others show that why the world’s valuable brands are successful.
It’s worth noting that even if some of Apple’s products are hobbies, they can be financially eye-popping extensions of the iPhone. If each of the 14 million units Apple shipped in that nine-month period I mentioned were the company’s $329 entry-level model, sales would have amounted to $4.6 billion. That’s a very nice hobby.
Apple’s entire “other products” category — which encompasses the Watch, Apple TV, Beats products including headphones and more — generated $14.3 billion in sales last year. Cook is fond of employing the Fortune 500 as a yardstick for his businesses, so this one is for him: The revenue from “other” products slots just behind Waste Management, which Bloomberg data show has the 207th-largest revenue among U.S. companies.
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