What exactly is Apple’s business model?

Apple business model key-points

Apple’s business model is to offer products that customers are interested in and affordable prices, but that they are not the only company offering those products. Apple products tend to be more expensive than other products, but the quality is worth the cost when you’re not satisfied with a cheaper product.

 

What exactly is Apple’s business model? Apple’s business model is to offer products that customers are interested in and affordable prices, but that they are not the only company offering those products. Apple products tend to be more expensive than other products, but the quality is worth the cost when you’re not satisfied with a cheaper product.

Do you know one company may have many business models!

Yes, Apple’s business model is dynamic. They’re changing with the wind flow. Basically, they focus on research and innovations. You simply need to ask yourself a few basic questions.

  1. What are you trying to do?
  2. What’s is customers demand? Do they know about your brand?
  3. What is the worth that you give to your customer.
  4. Would you be able to maintain premium pricing ?

If you want to know about Apple’s business model, you need to know about these things.

Apple business model

How things works?

So, that’s pretty much explanatory. Isn’t it so? Let’s see another picture!

Apple's business model

Vertical Model

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