Post 6: Entrepreneurship
Nov 16th, 2010 by Andy Mao
The person that first comes to my mind when I hear the word “entrepreneur” is Steve Jobs. Today he is the CEO and Chairperson of the powerful Apple Inc. In today’s society it is impossible to not have the desire to place our hands on an apple product, such as their newly released Iphone 4 and their Ipod nano 6th Gen. His entrepreneurship” can be summarized under two main categories, risk and innovation.
Risks
In today’s highly competitive electronic industry, Apple is placing themselves on the hot spot. New ideas must be brought on the table everyday to avoid being consumed by their competitors such as Samsung, Sony, and Blackberry. Their products must meet high demands in the industry against the competitors’ such as the newly released Blackberry Torch.
Innovation
The iPhone 4 is regarded as one of the most innvative phones in human history. Its features include a full touch screen, two way camera chat and wifi connectivity to emails and video entertainments. Furthermore, Apply has launched over 300,000 apps since 2008 to constantly improve their products. Over 1 million Iphone 3G were sold within the first three days and an estimated $300 million was made as a result.
The chart below displays how much of an impact Apple products have influenced the world.
