abhishreshthaa
Abhijeet S
Arrow Electronics is a Fortune 500 company headquartered in Melville, New York. The company specializes in distribution and value added services relating to electronic components and computer products.
The company started in 1935 as a retail store for radio parts on New York City's Radio Row in Lower Manhattan, and incorporated in 1946. In 1961, Arrow went public, with two stores and a distribution center. Three friends from Harvard Business School — Duke Glenn, Jr., Roger Green and John Waddell — began in 1968 to transform the stores into a much larger corporate entity, acquiring GCS Electronics Division, and two refiners of lead (necessary for components), Schuylkill Products Company and Schuylkill Lead Corporation. Glenn and Green would die in a tragic accident twelve years later.
Strengths
The company started in 1935 as a retail store for radio parts on New York City's Radio Row in Lower Manhattan, and incorporated in 1946. In 1961, Arrow went public, with two stores and a distribution center. Three friends from Harvard Business School — Duke Glenn, Jr., Roger Green and John Waddell — began in 1968 to transform the stores into a much larger corporate entity, acquiring GCS Electronics Division, and two refiners of lead (necessary for components), Schuylkill Products Company and Schuylkill Lead Corporation. Glenn and Green would die in a tragic accident twelve years later.
Strengths
- Innovative design
- Product leadership
- Highly influential leader SJ
- Brand recognition
Weaknesses
* Products are expensive
* Reaching saturation (iPOD)
* Lack of customization
* Steve Jobs' health
* Many other companies have copied the design of some products, i.e iPhone and it's touch screen
* Product recalls (iPhone 4)
Opportunities
* International expansion
* Other consumer electronics
* Low market share in the personal computer & software space
* Revolutionizing another industry (TV)
* Reduce price of products, this makes it easier to buy for people with less money
* Expand iTunes
* Expanding Mobile Gaming Market
Threats
* Strong competitors: HTC, Nokia, Microsoft, Sony...
* Changing customer tastes
* High price