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Apple's Business Model - Coggle Diagram
Apple's Business Model
Technology the "Enemy"
Apple Glasses
Apple Watch
Reduce competition
Adv. vs Dis. of focusing on less products
Innovate and not allow competition to keep up
"First Mover's Advantage" (First to market)
Temporary Market
Airpods
Quality over quantity
Spend more time inventing/innovating
Help customers "focus" and make decisions
Scarcity and exclusivity to charge more
Profit= Revenues - Expenses
Potentially losing customers or market share
Ignoring Customer Feedback
Merging virtual and real world
Quality and monopoly potential
Merging humans WITH technology