Topic > Apple Business Model - 1809

AbstractApple Incorporation is one of the most sought after IT companiesIntroductionThe World Wide Web is very strong and has changed the world in many ways.As a fan of Apple Macintosh, I am personally impressed by many of its innovations. It strikes me whether the company has really become a monopoly or not. This article will explore its business model and its so-called. I will closely examine Apple in different areas-PC market-software-readers portable-musicThen the second part deals with the judgment of its monopoly position on the basis of microeconomic aspects. Apple Inc. Apple is truly a unique entity, both in what it makes and how it is organized. During the Macintosh revolution, Steve Jobs was forced to leave Apple. Not surprisingly, the Macintosh revolution began to fail quickly with his departure, despite some attempts during his absence to alter the business model. With Steve Jobs back in the country and Mac OS First, in order to judge whether Apple is a monopoly or not, we need to know what monopoly actually means. The definition of MonopolyMonopoly is “A situation in which a single company owns all or almost all of the market for a given type of product or service. This would happen if there is a barrier to entry into the industry that allows the individual company to operate without competition (e.g., large economies of scale, barriers to entry, or government regulation). In such an industrial structure, the producer will often produce a volume less than the quantity that would maximize social welfare.” So, according to the above definition, we will see whether Apple is a monopoly or not. Apple Operating System We all know that in order to use the Apple operating system or Mac OS, you need to own a Mac, the only place where you can run this particular system. “Monopoly” is the fact that you can't buy Mac OS and install it on a computer from another vendor, so you're stuck with an overpriced item from a single vendor. Additionally, Apple has always provided a complete computing experience. From the beginning Apple has sold the necessary hardware, operating system and basic applications. However, most people think that monopoly is measured in terms of market share. This is also misunderstood. People would say that a company with a 5% market share for personal computers cannot be a monopoly.