Iphone product life cycle essays on the great.
The iPad is tracking a product life cycle curve which will exceed even this incredible number. Based on our life cycle model, the iPhone and the iPad series will sell over one billion units EACH. iPhone sales growth in the current year will be much slower despite the success of the iPhone 5.But iPhone is becoming more and more mature and creative, and it just in the growth stage of the product life cycle, it continues to release new models to attract both old and new customers. At the same time, many iPhone users do not want to purchase the new version, so iPhone develops varieties applications hold on to existing customers by giving them what they need.It wanted its product to reach the masses. iPad has become a eye candy among the people. People of all age want the iPad. The reason behind this is, the way they have priced the product. Apple did product Proliferation and launched only three wifi models initially and later introduced the 3G models.
The Product Life Cycle Product life cycle is made based on the biological life cycle. Most projects goes through similar stages on the path from origin to completion. Johnson (2012) stated that product life cycle (PLC) is a trend whereby a brand new and original product become out-of-date and gradually obsolete (Johnson, 2012).A product goes through four stages in the product life cycle and they are introduction, growth, maturity, and decline. In the introduction stage the company promotes the product in order to create awareness. In the growth stage the sales and profits increase.
Premium Essay. Product Life Cycle PRODUCT LIFE CYCLE Product life cycle is the stages through which a product or its category bypass. From its introduction to the marketing, growth, maturity to its decline or reduce in demand in the market.
