Proceeding of International Conference on Multidisciplinary Research
Vol. 6 No. 1 (2024): ICMR

Analysis of the Boston Consulting Group (BCG) Matrix in Defending Market Share on Apple Brand Smartphones

Susi Lestari (Politeknik Negeri Medan)
Deliana (Politeknik Negeri Medan)
Nurlinda (Politeknik Negeri Medan)



Article Info

Publish Date
24 Feb 2024

Abstract

Abstract Apple Inc. is an innovative multinational company that has revolutionized and facilitated the development of personal electronics devices and the media industries, So it is necessary to research to analyze the position of Apple Incorporation to be able to compete with the other electronics companies by determining the market position of Apple Inc. in the BCG matrix (Boston Consulting Group) and formulating strategies to maintain market share. The research method uses descriptive analysis by describing the collected data as it is without intending to make general conclusions. The type of data in this study is secondary data obtained from the Global Smartphones Market Share report in 2022. Based on this result BCG Matrix owned by Apple Inc. shows that the company in 2022 is in the position of Cash Cows where the position has a low market growth with high market share. Thus the company can formulate strategies in the form of product development.

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Journal Info

Abbrev

icmr

Publisher

Subject

Agriculture, Biological Sciences & Forestry Biochemistry, Genetics & Molecular Biology Education Engineering Public Health

Description

Conference Theme in 2023: “Advanced Technology in Solving Contemporary Multidisciplinary Issues towards a Sustainable and Inclusive Future” The Conference Sub-Themes or Focus and Scope are: 1. Science, technology, and related fields 2. Medical and Public Health, and related fields 3. Philosophy, ...