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Apple Inc. Competitive and Marketing Strategies Analysis

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Apple Inc. Competitive and Marketing Strategies Analysis

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  • October 5, 2022
  • 10
  • 2022/2023
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Apple Inc. Competitive and Marketing Strategies Analysis




Apple Inc. Competitive and Marketing Strategies Analysis



Shikala Pennington

Columbia Southern University

MBA 5501-19Q-3A22-S1, Advanced Marketing

Dr Jon Crispin

January 28, 2022

, 2
Apple Inc. Competitive and Marketing Strategies Analysis


Introduction

Apple Inc. is a U.S. technological company and one of the world leaders in the designing,

manufacturing, marketing, and selling of smartphones, personal computers and associated

software, portable tables, and various wearables and accessories. It also offers digital online

services such as its iCloud, Apple Pay, Apple Music, Apple TV+, Apple Arcade, and AppleCare.

It is considered very successful, as it became the first company in history to reach a valuation of

$3 trillion with total revenue of $83.4 billion for the 2021 September quarter (Nicas, 2022).

Despite its strong position in the market, the company faces stiff competition from other industry

players such as Samsung, Lenovo, Amazon, Huawei, Netflix, and Microsoft in the various

products and services it offers. The company has thus adopted the 4Ps marketing mix to stay

ahead of competition. This report seeks to analyze Apple’s competitiveness as the use of 4Ps as a

marketing strategy that gives it an advantage over some of its close competitors.

Competitive Analysis

Top Competitors

Since Apple has diversified its products and services portfolios beyond its flagship iPhone

and MacBook computers, it faces stiff competition from various global companies as outlined

below:

Smartphone Market: With its signature iPhone smartphone, Apple is the second largest

smartphone producer in the world with a global share of around 26.91%. It lags behind Samsung,

the world leader in smartphone product with its Android system, holding 29.14% of global

market share. Xiaomi holds 10.02%, thus does not pose much of a threat, though it should not be

ignored. While Samsung remains ahead in the number of smartphones sold globally, Apple’s

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