IB Business Management
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IB Business Management
All things Business Management - relating to the IB Business Management course
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Have the wheels come off for Tesla?

Have the wheels come off for Tesla? | IB Business Management | Scoop.it
As the electric carmaker sees sales fall and cuts jobs, we take a closer look at its problems.
Graham Watson's insight:

The BBC's Theo Leggett looks at the current woes of Tesla - falling sales, job cuts, a product recall of the Cybertruck, and the sacking of the supercharger network - and wonders what it means for the organisation.

 

It's suggested that the perception of the brand has changed. Tesla is no longer seen as the disruptor it once was, it face increased competition, notably from China and it will be interesting see whether the renewed focus on driver autonomy really is the way forward. 

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Apple sales see biggest fall in a year

Apple sales see biggest fall in a year | IB Business Management | Scoop.it
Apple's boss fought back doubts over the firm's future growth.
Graham Watson's insight:

Apple's quarterly results make for interesting reading - with sales of the iPhone down in every geographic region, apart from Europe. 

 

The company have attributed this to supply disruption, but is this a consequence of increased competition, and maybe the product life cycle model applies to the iPhone too?

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Apple sees biggest fall in sales for year as iPhone demand drops | BBC News - YouTube

Apple boss Tim Cook tried to beat back doubts about the future of the tech giant, after it reported its biggest sales fall in more than a year. Sales slumped 4% year-on-year in the first three months of 2024 to $90.8bn (£72.5bn), weighed down by a sharp drop in demand for iPhones.

Executives said the results were distorted by Covid-related supply disruptions, which led to unusually strong sales during the same period last year. They said sales would return to growth in the months ahead, noting upcoming product launches and investments in artificial intelligence.

Graham Watson's insight:

Here's the BBC Business News on Apple's records, revealing that Samsung is now the world's leading handset, and sales in Greater China were down 8%. However, this exceeded expectations, and a big share buyback boosted its share price.

 

There's evidence that Apple are starting to focus on AI and will be launching some new products, not least the first new iPad for a while. 

 

So what Business Management concepts can you apply? 

prameswariursula@gmail.com's comment, June 3, 12:03 AM
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