Product Lyfe Cylce of Iphone Essay

In class we l earn virtually harvest animateness racks and how the product life cycle tells us how the product is doing in the market. A product goes through four periods in the product life cycle and they are introduction, product, matureness, and compensate. In the introduction salute the gild promotes the product in sight to create awareness. In the growth stage the gross sales and simoleons increase. In the maturity stage most of the profit is earned during this stage and competitors are established. In the decline stage the sales decline and profits also go down. During this stage the comp any(prenominal) could decide to cut off the product as well.The IPhone 4s is currently in the maturity stage and there are galore(postnominal) competitors that the IPhone has to portion out with right at a time. Just to public figure a few Samsung Galaxy S II HD, Galaxy Note, HTC Sensation 4G, and Motorola Droid. In the current stage apple has to deal with all the competitor s that Ive listed and the market grant is exit down along with profits. The movement why I say that is because when it move ups to engineering people want to buy the modish affaire and if Apple isnt ever-changing there sound or package product for the phone then they are going to lose customers due to radical technology and software on the early(a) phones. When the IPhone get-go came out it was always in the growth stage because it didnt go for any competitors and the sales were always going up because everyone wanted one. But that didnt proceed because competitors came out with touch screen phone that were cheaper then the IPhone.And as of right instantly the first IPhone is the decline stage because they no longer make them and no software updates are available as well. For the IPhone 4S to impediment in the maturity it must come out with a software update. Apple is currently working on IOS 6 which is coming this fall and its going to realize feature films that l ead make it easier for people who wealthy person disabilities to use the devices. Another app that got updated was Maps, which impart now give you turn-by-turn spoken directions, interactive 3D view, and a new flyover feature impart allow you to see major(ip) metro areas from an airplane. It will also have another new app called Passbook that will store your boarding passes, movie tickets, retail coupons, loyalty cards in your phone. to a fault new calling feature that will let you reply with a text message or set a callback reminder when you decline a call. And there are many other features that are going to be new or improved in IOS 6, which will set up the IPhone 4S to continue to be on the maturity stage. Another thing they could do in order to catch ones breath in the maturity stage is impose the price of the IPhone 4S which will increase sales and profit.