Apple Inc.

Name

Institution

Date

Apple Inc. is a multinational technology business headquartered in Cupertino, California.

The company focuses on consumer devices, computer software, and internet services. “Steve

Jobs, Steve Wozniak, and Ronald Wayne established Apple in 1976.” It was incorporated in

1977 as Apple electronics Inc. and was published in 1980. Jobs left Apple in 1985 to start, taking

with him some Apple colleagues. We will focus on how the firm has managed to produce the

mobile phones used in the world today. The company uses the theory of the firm and

understanding the consumer behavior approach to advocate for changes in supplying the iPhone

in the world.

Apple Inc. has a lot of competitors worldwide. Apple has not ruled the market. Samsung,

a South Korean electronics and smartphone manufacturer, is a prominent competitor for iPhone

in especially. For several years, the Samsung, as well as Note models, have reduced iPhone sales.

Today, Samsung has become one of the second most profitable enterprises in the Asian and

global regions.

Xiaomi is a Chinese manufacturer of cellphones and consumer devices. Smartphone

enthusiasts will agree that Xiaomi mobile devices are a superb value due to their low prices and

high build quality. This Chinese corporation has a modern style that appeals to both the Chinese

and global markets. In the second quarter of 2015, the business shipped roughly 13.8 million

handsets globally, indicating tremendous growth in the highly competitive smartphone market.
 Apple Inc. uses the method of oligopolistic to determine the prices of their main products

(iPhones) to compete effectively with other firms.

These were all Apple's market competitors. Apple Inc. preserves an oligopolistic market

in iPhone announces rivalry. Apple's oligopoly is shown by how a few companies unite to

dominate a market or area of iPhone.

Works Cited

Budnikas, Arvydas. “Apple Inc. Business Policy v. Competition Law.” SSRN Electronic Journal, 2011,

https://doi.org/10.2139/ssrn.1911371.