Apple Computer, Inc. (Apple), the brand responsible for the rise of the smartphone with the iPhone, is one of the most influential and recognisable brands in the world. It is also the most valuable technology company in the world, being valued at over $2.5 trillion in 2023.
The introduction of the iPhone, marked the beginning of Apple’s journey to ascend to be one of the most valuable companies in the world. It’s revenue increased from $37.4 billion in 2008 to $65 billion in 2010.
Additionally, it has expanded its subscription services to include cloud storage, video games, fitness, and music and video streaming. In 2020, this segment alone brought in $53 billion, making it Apple’s second-largest segment.
Samsung Electronics Co Ltd. (Samsung) being world’s second-largest technology company, with a market valuation of over $0.35 trillion, is Apple’s biggest competitor.
In order to understand the dominance of Apple in today’s world we need to analyse its growth in revenue and user-base for the last 15 years and compare it with its biggest competitor i.e. Samsung.
Data visualization is one of the many ways that this data may be analysed. Data visualization can be defined as an analytic process that is concerned with the presentation of data in the form of tables and charts, as opposed to figures (Martinez, Martinez, & Solka, 2010). It refers to the graphical representation of data or information to help understand patterns, trends, and relationships within the data.