The coronavirus pandemic has affected almost all the countries across the globe. The lockdowns and various other restrictions have hit the major developing and developed countries’ economies and the lifestyle of the people. But Bill Gates believes that everything would get to normal by 2022. Let’s look at why Bill Gates believes in it.
Bill Gates is not only a business Magnate but also an author, philanthropist, investor and a software developer. He is one of the richest men in the world. Bill Gates is the founder of Microsoft and has served in the company as a chairman, Chief Executive Officer (CEO), Chief Architect Software and as the President of the company. Currently, he is the Technology Advisor of Microsoft.
Bill Gates also holds the titles such as Co-chairman and co-founder of Bill and Melinda Gates Foundation, Chairman and founder of Branded Entertainment Network, Chairman and Founder of Cascade Investment and the Chairman and co-founder of TerraPower.
Bill Gates was born in the year 1955 in Washington, United States. From the year 1987, he has been included in the Forbes list of the world’s wealthiest people.
In an interview with Sky News, Bill Gates had said that he believes that the world will completely return to normal by the end of next year, i. e 2022. He added on explaining that he believes so because of the high rate of implementation of the Covid vaccines in the developed countries such as the United Kingdom and the United States of America and he says that these countries will help the developing countries get the vaccines by the end of this year.
Bill Gates further added on saying that he although doesn’t expect the vaccines to completely eliminate the presence of the vaccines in the same year but the number of cases is expected to reach to a very less amount.
Bill Gates Interview
He said that he was not surprised with the fact that the developed countries gave first priority for their citizens to provide vaccines. He criticized it by saying that right now the people in their 30s in the developing countries could get vaccines while those over 60 years old in Brazil or South Africa are yet to receive a shot.
The Covid-19 virus had started infecting people at the end of 2019 and has widely spread to almost all the countries since then. In the year 2020, the entire world had been hit by the pandemic leading to a lockdown in almost every part of the world and millions of people losing their life.
Currently, there are around 3.14 million people who have died because of the virus and 149 million cases recorded globally. This deadly virus has been increasing since then.
The second wave of the Covid-19 had started in the early 2021 and India is a country that is currently being affected on a large scale. Lockdowns have been implemented in several states. The total Covid cases recorded in the country alone is around 4.41 million with around 66, 179 deaths.
The vaccination drives have been started in the country and as of 27 April 2020 around 1.7 % of the population has been fully vaccinated and around 8.9 % of the people have received at least a single dose of the vaccine.
Currently, the only Country which was successful in fighting against the virus was Israel. They have officially announced that people in the country will not require to wear masks anymore.
The net worth of Bill Gates is 13,100 crores USD as of 2021.
How did Bill Gates become famous?
Bill Gates cofounded Microsoft Corporation, the world’s largest personal-computer software company.
Conclusion
The entire human race also wants the pandemic to get over and the normal life to begin as soon as possible. We can expect and hope to see many more countries being successful in fighting against this deadly virus.
Microsoft Corporation and Apple, Inc. are leading companies in consumer access and technology. They are competing each other in so many sub-industries, such as operating systems, mobile devices, hardware, advertising, software, Web browsing, applications, etc. Microsoft and Apple have a different business model.
They are the two largest companies in the world. The business model of Apple is based on customer-centric devices and innovation. Microsoft’s business spanned across Windows, Office products, Gaming (Xbox), Hardware, Web search engine (Bing), Cloud, LinkedIn, etc. They have a diversified business model. They changed their business model by starting to release their own devices.
These 2 companies made a revolution in the technology industry. Both companies have chosen a different way for the adoption of enterprise. These tech giants succeeded in the enterprise, using different strategies. Both companies have a different approachfrom the philosophical and organizational perspective The analysis about the business models of these 2 companies are given below.
Business model of Apple
Apple, Inc. was founded by Steve Jobs, Ronald Wayne, and Steve Wozniak on 1976. It is one of the most successful companies in the world. The company offers software services and technology products. The headquarters of the company is situated in California, USA. Currently,Tim Cook is the CEO of the company.
Steve Jobs
Apple 1 computer is the first product of the company. After that, Apple provided so many services and products. iPhone is one of the most successful products from Apple. iPhone had a sale was $142 Billion in 2019. It represents the 54% of Apple’s total revenue. Its total revenue was $260.174 Billion in 2019.
Strengths
Apple is one of the most valuable brands. It has a brand value of $140 billion in 2020. Apple is a reliable company in the industry of smart technology devices and advanced computers. The loyal customers, who number in millions is one of their major strengths. And also, they have top technology.
Apple introduced some innovative products such as iPads and iPhones. They are still determined to manufacture the best technology devices. Apple Company provides a specific business page to its customers. According to customer’s needs, It gives technology solutions of top quality.
Apple gives more dedication into designing of their products. According to customer needs, they are doing more researches. Apple introduced an iPhone recycling robot named “Liam”. It is used to disassemble of iPhones. The reusable parts are safely stored. Those parts are used for new manufacturing.
The company is expanding their services portfolio. The 16% of their total annual revenue (2019) comes from its services. It is the second largest contributor to its total revenue. iPhone (54% in 2019) is the biggest source of company’s total revenue. In 2019, Apple Company introduced so many new services. It includes Apple Arcade, Apple TV+, Apple Card, and Apple news+.
Annual revenue of Apple from 2016 to 2019
Weaknesses
Theproducts from Apple considered as a luxury itemdue to the high prices. Apple’s products are not affordable for low Income consumers. Most of their customers are middle or high class individuals. Apple has only limited advertising resources. Company’s marketing mainly depends on their flagship and iconic retail stores.
Apple released their mapping service named “Apple Maps” in September 2012. It was a failure. They are swiftly entering into new services (game streaming, video content streaming, and credit card) and competing with the major players such as Disney, Netflix, City, Paypal, Chase etc. The products of Apple do not support other technologies or softwares. So Apple’s products are incompatible with other devices.
Customers have to buy Apple accessories or apps to continue the using of products from Apple. They received payments to make search engine of Google company as the default search engine for their Safari web browser. Because of this, the company is under investigation. They have been accused of using tracking appsin phones to find the location of users. But in their latest version of phones provides the right for users to decline the tracking.
Business model of Microsoft
The Microsoft is an American multinational technology company. It wasfounded by Bill Gates and Paul Allen on 1975. The company offers office software suites, devices, apps, cloud computing, operating systems, hardware and software products. They are one of the leading companies in software market. The headquarters of the company is situated in Washington, USA. Currently, Satya Nadella is the CEO of the company. They are forefront of the technology industry for more than 40 years.
Bill Gates
Strengths
Microsoft is considered as the market leader in the industry of software technology, especially in cloud computing. They are the developers of Windows operating system. Azure is a public cloud made by Microsoft. Company’s total revenue was $126 billion in 2019. Microsoft is one of the top 5 cloud service providers in the world.
The Microsoft has a brand value of $117 billion in 2020. The company operates their business in more than 190 countries. They launched a promoted version of Windows 10. It got more than 700 million installs. Microsoft added new stock keeping units to its portfolio. It includes Microsoft 365. The company has larger loyal customer base. It is one of their main strength.
They have an efficient adverting platform. The company influenced consumers through their effective and stronger marketing strategies. Their advertisement with the title “The future starts now” has touched so many peoples. Microsoft has a 4th rank in world’s most valuable brand list prepared by Interbrand. The company offers user friendly and quality products such as Office software products and Windows OS.
They are implementing a freemium business model. Microsoft realized that paid software is a more difficult sell in an age of low-cost alternatives. Tablets and phones are replacing PCs. A newer Microsoft business model has been made by CEO Satya Nadella, who emphasizes product integration, a “freemium” software package, and a concentration on its cloud computing business.
Annual revenue of Microsoft from 2016 to 2019
Weaknesses
The cyber-crime cases are increasing. It made Microsoft in a weakened state. Cyber-security of the Windows OS have faced attacks from hackers for several times. Their hardware product sales are failing to grow. It includes phones and surface pro computers. Also, PC shipments of the company have frequent falls, because of currency fluctuations and rising to vendors’ rising prices.
They are lagging in advanced technology and innovation. At this time, Google, Apple and Amazon are rapidly growing. Safari, Google, and Firefox are the leaders in the internet browser market. But Microsoft is lagging in the Internet browser sector. The acquisitions of the company such as LinkExchange, WebTV, Danger, and Massive were failures. Those unprofitable investments are the major weakness of the Microsoft.
In terms of enterprise value to free cash flow and price to earnings ratio, the market value of Apple is currently higher than Microsoft. Apple has a market capitalization of $1.904 trillion in August 2020. But Microsoft has only $1.607 trillion in this time.
The analysts said that there will be a 15% compound annual earnings growth for Microsoft and 11.5% compound annual earnings growth for Apple in the next 5 years. The both companies have crossed the market capitalization value of $1.5 trillion. Now their next target is to reach the market capitalization value of $2 trillion.
Alan Joseph
