{"id":16973,"date":"2018-11-28T19:01:27","date_gmt":"2018-11-28T16:01:27","guid":{"rendered":"https:\/\/www.ibtdi.com\/?p=16973"},"modified":"2018-11-28T19:01:27","modified_gmt":"2018-11-28T16:01:27","slug":"lesson-learned-by-amazon-and-ignorance-of-apple","status":"publish","type":"post","link":"https:\/\/www.ibtdi.com\/en\/lesson-learned-by-amazon-and-ignorance-of-apple\/","title":{"rendered":"The Lesson Amazon Learned\u2014and Apple Hasn\u2019t"},"content":{"rendered":"<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/upload.wikimedia.org\/wikipedia\/commons\/5\/59\/Amazon.de-Logo.svg\" alt=\"Cute little picture\" \/><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">Every now and then, supporters of a major brand boast that it\u2019s invincible, and that even considering its bankruptcy, collapse, or failure is out of the question. <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">Let alone actually thinking about it.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">This is often said by supporters of <a href=\"https:\/\/www.ibtdi.com\/en\/five-innovative-marketing-ideas-from-apple\/\">Apple<\/a> and other competing companies such as <a href=\"https:\/\/www.ibtdi.com\/en\/interesting-facts-about-microsoft\/\">Microsoft<\/a> Google and even Facebook, despite history and reality showing that the downfall of <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">companies is entirely possible.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">Some might say that Apple is the first company in history to reach a market capitalization of $1.1 trillion and has more than $100 billion in cash that it could use to <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">buy other companies\u2014even though the U.S. company has lost more than $200 billion and its valuation recently fell to $900 billion amid a stock market correction, in addition to its decision to stop disclosing iPhone sales to investors. <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">In this article, however, we\u2019ll discuss why Apple and other major companies are vulnerable to failure, bankruptcy, and disappearing, as happened with companies such as<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">the collapse of Lehman Brothers and its permanent disappearance<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\"> \u0639\u0645\u0644\u0627\u0642\u0629 \u0645\u0646 \u0642\u0628\u0644.<\/span><\/p>\n<p>.<\/p>\n<h2 style=\"text-align: center;\"><span style=\"font-size: 28px; font-family: 'comic sans ms', sans-serif; color: #00ccff;\"><strong>A lesson from Amazon founder Jeff Bezos<\/strong><\/span><\/h2>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">Yes, this is the bank that brought about the 2008 global financial crisis, after months of turmoil in global financial markets and discussion about it.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">The bank was founded in 1850 and survived for 168 years\u2014far longer than today\u2019s tech giants, including Apple.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">In fact, the U.S. bank, one of the largest in the country, had assets valued at around $640 billion. Despite that,<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\"> it collapsed, delivering a major shock to its owners, customers, and the entire world.<\/span><\/p>\n<p>.<\/p>\n<h2 style=\"text-align: center;\"><span style=\"font-size: 28px; font-family: 'comic sans ms', sans-serif; color: #00ccff;\"><strong>\u062f\u0631\u0633 \u0645\u0646 \u062c\u064a\u0641 \u0628\u064a\u0632\u0648\u0633 \u0645\u0624\u0633\u0633 \u0623\u0645\u0627\u0632\u0648\u0646<\/strong><\/span><\/h2>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">\u0641\u064a \u0627\u062c\u062a\u0645\u0627\u0639 \u0644\u0647 \u0645\u0639 \u0641\u0631\u064a\u0642 \u0639\u0645\u0644\u0647 \u0641\u064a \u0633\u064a\u0627\u062a\u0644\u060c \u0648\u062c\u0647 \u0623\u062d\u062f\u0647\u0645 \u0633\u0624\u0627\u0644\u064b\u0627 \u0644\u0644\u0631\u0626\u064a\u0633 \u0627\u0644\u062a\u0646\u0641\u064a\u0630\u064a\u00a0<a href=\"https:\/\/www.ibtdi.com\/en\/jeff-bezos-and-amazon-a-unique-experience-in-entrepreneurship\/\">Jeff Bezos<\/a>\u00a0\u0639\u0646 \u0645\u0633\u062a\u0642\u0628\u0644 \u0627\u0644\u0634\u0631\u0643\u0629 \u0641\u064a \u0638\u0644 \u0633\u0642\u0648\u0637 \u0627\u0644\u0643\u062b\u064a\u0631 \u0645\u0646 \u0634\u0631\u0643\u0627\u062a \u0627\u0644\u062a\u062c\u0632\u0626\u0629<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\"> with long histories and global recognition. For those unfamiliar, traditional retail is collapsing because of e-commerce, and thousands<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\"> of stores and malls are closing in the United States. This trend is expected to spread to the rest of the world.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">Jeff Bezos was clear: Amazon is not too big to fail. Like other major companies that have gone bankrupt, it could one day collapse.<\/span><\/p>\n<p>.<\/p>\n<div style=\"text-align: center;\"><span style=\"font-family: comic sans ms, sans-serif;\"><span style=\"font-size: 20px;\">.<\/span><\/span><\/div>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">He said, \u201cI actually predict that the day will come when Amazon goes bankrupt. That\u2019s very possible.\u201d<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">But he emphasized that one crucial factor could spare the brand this painful fate: focusing on customers and avoiding an inward-looking approach. <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">and worrying about itself.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">He added, \u201cIf we start focusing on ourselves instead of our customers, that\u2019s the beginning of the end. We must try to put that day off for as long as possible.\u201d<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">\u0641\u062a\u0631\u0629 \u0645\u0645\u0643\u0646\u0629\u201d.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">Amazon has a 43% share of the U.S. e-commerce market, and that figure is expected to grow to 48% this year.<\/span><\/p>\n<p>.<\/p>\n<h2 style=\"text-align: center;\"><span style=\"font-size: 28px; font-family: 'comic sans ms', sans-serif; color: #00ccff;\"><strong>Apple Hasn\u2019t Learned This Lesson<\/strong><\/span><\/h2>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">Apple, by contrast, seems very happy with its success. It proudly trades on Steve Jobs\u2019s legacy and its large global fan base, making the most of its name<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\"> by raising the prices of its products, especially the iPhone, year after year.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">Some might argue that Apple products are high quality and expensive to manufacture. We don\u2019t dispute their quality, but iPhones are made in China, where<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\"> It makes hundreds of dollars on every iPhone. By recently withholding sales figures from investors and the media, it has chosen to increase revenue <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">and profits by boosting its profit margin, at the expense of growing sales by selling in large volumes and giving as many of its customers as possible the chance to get the latest iPhones. <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">\u0639\u062f\u062f \u0645\u0645\u0643\u0646 \u0645\u0646 \u062c\u0645\u0647\u0648\u0631\u0647\u0627.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">Apple focuses on revenue and profits, and that is its right. Unfortunately, though, it forgets about its customers and its fan base\u2014especially those who cannot afford to spend $1,000 <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">on a new iPhone every year or two.<\/span><\/p>\n<h2 style=\"text-align: center;\"><span style=\"font-size: 28px; font-family: 'comic sans ms', sans-serif; color: #00ccff;\"><strong>End of article:<\/strong><\/span><\/h2>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">\u0623\u0639\u062c\u0628\u0646\u064a \u0643\u0644\u0627\u0645 <a href=\"https:\/\/www.ibtdi.com\/en\/list-of-books-recommended-by-jeff-bezos\/\">Jeff Bezos<\/a> At the latest meeting, he predicted his company would go bankrupt despite its current prosperity. He has learned that no one in the world is beyond failure, which <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">It may seem like a fatal crisis, but this is a golden lesson for us and for Apple.<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>&nbsp; \u0645\u0646 \u0648\u0642\u062a \u0644\u0622\u062e\u0631 \u064a\u062a\u0641\u0627\u062e\u0631 \u0623\u0646\u0635\u0627\u0631 \u0639\u0644\u0627\u0645\u0629 \u062a\u062c\u0627\u0631\u064a\u0629 \u0642\u0648\u064a\u0629 \u0628\u0623\u0646\u0647\u0627 \u063a\u064a\u0631 \u0642\u0627\u0628\u0644\u0629 \u0644\u0644\u0641\u0634\u0644\u060c \u0648\u0623\u0646 \u0641\u0643\u0631\u0629 \u0625\u0641\u0644\u0627\u0633\u0647\u0627 \u0623\u0648 \u0633\u0642\u0648\u0637\u0647\u0627 \u0623\u0648 \u0641\u0634\u0644\u0647\u0627 \u062c\u0646\u0648\u0646 \u063a\u064a\u0631 \u0642\u0627\u0628\u0644 \u0644\u0644\u0637\u0631\u062d \u0645\u0646 \u0627\u0644\u0623\u0633\u0627\u0633\u064a<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false},"author":3,"featured_media":16990,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_ibtdi_aa_focus_keyword":"","_ibtdi_aa_secondary_keywords":"","_ibtdi_aa_audience":"","_ibtdi_aa_tone":"","_ibtdi_aa_summary":"","_ibtdi_aa_reviewer_name":"","_ibtdi_aa_reviewer_bio":"","_ibtdi_aa_reviewer_url":"","_ibtdi_aa_reviewed_date":"","_ibtdi_aa_service_id":"","_ibtdi_aa_related_ids":"","_ibtdi_aa_human_reviewed":"","_ibtdi_aa_disable":"","_ibtdi_aa_disable_links":"","_ibtdi_aa_sources":"","_ibtdi_aa_update_notes":"","footnotes":""},"categories":[491],"tags":[942,15868,5551,186,1320,13927,797,2125,17811,2009],"class_list":["post-16973","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-491","tag-942","tag-15868","tag-5551","tag-186","tag-1320","tag-13927","tag-797","tag-2125","tag-17811","tag-2009"],"_links":{"self":[{"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/posts\/16973","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/comments?post=16973"}],"version-history":[{"count":0,"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/posts\/16973\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/media\/16990"}],"wp:attachment":[{"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/media?parent=16973"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/categories?post=16973"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/tags?post=16973"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}