Investors have always looked forward for investing in Apple due to its strong revenue and high return on investment. Started operating as a traditional computer company, it has continuously come up with new ideas and products.
These factors present opportunities or threats that impact the business. Effectiveness in addressing these external factors ensures that Apple remains strong despite tough competition in the global market. Improving free trade policies opportunity Stable politics in developed countries opportunity More free trade policies are created over time, especially with developing countries.
Additional free trade policies increase the opportunities for Apple to distribute more of its products to various markets around the world.
On the other hand, the stability of the political landscape in many developed countries presents opportunities because Apple can expect minimal political issues affecting its business.
Rapid growth of developing countries opportunity Stable economies of developed countries opportunity The economic stability of most developed countries creates opportunities for companies like Apple to expand their businesses.
However, the rapid growth of developing countries is more significant. For instance, the high economic growth rates Political factors of apple Asian countries are major opportunities for Apple to increase revenues through sales in these foreign markets. Speed and effectiveness are important because competitors are also targeting these high-growth economies.
The trend of the increasing popularity of mobile access is an opportunity for Apple to continue providing easy-to-use mobile devices. The firm has already taken steps to exploit this opportunity, such as through the iPhone, iPad, and Apple Watch. The rising use of social media is also an opportunity because it increases demand for digital devices like Apple products.
Cloud computing trend opportunity Technological integration opportunity Growing apps market opportunity Cloud computing is becoming popular among individuals and organizations. Apple can exploit this opportunity by offering cloud-friendly devices and apps. On the other hand, technological integration of devices is a major trend.
Apple can take advantage of this opportunity by continuing its strategy of providing products that can be seamlessly connected to each other.
In addition, the apps market is growing. Apple has the opportunity to grow its App Store. Business sustainability trend opportunity Product energy efficiency trend opportunity Labor rights trend opportunity Apple is already addressing the opportunity to maintain business sustainability through recycling and related programs.
In addition, the company continually seeks for new technological solutions to improve the energy efficiency of Apple products, such as through improved batteries, processors, and components that emit less heat. On the other hand, the labor rights trend is impacting the global business arena.
Apple has already taken steps to address the opportunity to improve customer perception about its products by improving employment practices throughout its supply chain.
As a result, more privacy regulations are imposed on businesses like Apple. This factor is a threat because it creates new challenges for Apple in developing products that involve transmission of private information.
However, this factor is also an opportunity for the company to improve product features that protect privacy. On the other hand, governments are also imposing stricter telecommunications regulations, which are a threat because they could potentially limit the usability of Apple products.Political Factors • It is reported that more than a half of sales of their products come from countries other than America.
• Apple Inc manufactures a number of its parts and products from outside the US, like Czech Republic, Ireland, China, Korea and Cork. PESTEL is interpreted as political, economic, social, technological, ecological and legal factors impacting business organizations.
This PESTEL analysis identifies the most significant external factors that Apple must include in addressing its macro-environment. So, if these suppliers suddenly decide they want to charge Apple a lot more for those components, Apple doesn't have a lot of options. Political unrest in Asia could disrupt product manufacture.
PESTEL is interpreted as political, economic, social, technological, ecological and legal factors impacting business organizations. This PESTEL analysis identifies the most significant external factors that Apple must include in addressing its macro-environment.
So find out which factors affect the world most viable company. Political Factors Apple, the American company, earns a large amount of cash which reaches to $ billion in However, there are other factors too that can affect the popularity and sales of its products.
These factors have been analysed in the PESTEL analysis below: Political factors: Political challenges will continue to haunt Apple, especially with EU bent on taming the tech giants. August,