Friday, January 02, 2009

A for Apple

2008, a year of many turnarounds!! Recession hitting the markets and companies shutting down were most shocking waves of past year. However, Apple has experienced tremendous growth during last year. Success of iPhone was most crucial factor for Apple. Also, company saw incredible growth in iMac market. Full article...

Story of iPhone is great example of how collaborative creativity leads to success. iPhone apps are major force to drive success for iPhone. Many private developers have developed more than 1000 applications for iPhone. This, I believe one of major factor for success of iPhone.

Also, continuous innovation in iMac was influential for Mac book. Yes, there are many lessons to learn for entrepreneur from Apple's success story. This year it was collaborative creativity, continuous innovation and effective marketing were key for success. If this success is to be graded, I would reserve 'A' for Apple.

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