EXTERNAL REPORT ON APPLE / TUTORIALOUTLET DOT COM EXTERNAL REPORT ON APPLE / TUTORIALOUTLET DOT COM | Page 2

growth of the industry in all aspects. There are more opportunities for mergers and acquisitions in this industry. Merger and acquisition provide a better opportunity for the companies to grow faster. It increases the competitiveness in the market (Deloitte, 2015). Many applications are created by various e-commerce and other retailers to promote their sales. These applications are increasing the overall demand for the technology among people and business. There are several facilities being provided by these technology companies to support the business of other industry. It has increased the dependency on the technology industry. It is easy to enter into this industry since it is in a growth phase and the demand for this industry will always remain high. Structural-conduct-performance model: Structural: Technology in an industry constantly changes so innovation will always be pivotal for a company in this industry. Modern technology is launched every day in this industry. Every EXTERNAL REPORT ON APPLE, INC. 3 company in this market is proactive and they adapt when they observe change. The technology