Apple Incorporation (NASDAQ: AAPL) is advancing with prosperous business expansion towards global geography from west to east and north to south of the globe. Its successful expansionary presence has made the company unique of its kind. AAPL has strong position by offering quality goods and services to its customers. It has been working in an industry where the extent to grow is very encouraging. The company has offered products having attractive design as well as interface, which make business success. Intellectual property has been playing a vital role to lead the world economy with intellectuals. In last year, both intellectual property and patent became the headlines in worldwide due to industry growth followed by significant market penetration into international geography, contribution to invention of new patents, sales and competitive position due to increasing number of firms advancing with intellectual assets, lawsuits, etc. The billion dollar industry has been mounting day after day by ensuring solutions of new requirement raised from every corner in the world. The entities involved in IP services are enhancing their portfolio by adding new intellectual assets. Intellectuals are foreseeing bright future of this industry in their board room discussions. The industry trend is very positive from the last few years and in 2013 the industry is expected to continue the same trend. The industry participants have both opportunities as well as challenges to due to a little bit competition in the market. Besides the big participants such as Google, AOL, Microsoft, etc, there are some small competitors which are coming slowly to obtain place in the industry such as Marathon Patent Group, Inc. (MARA), etc. As the industry has been expanding, the small participant companies also can have room to flourish.