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Have there been any incredibly disruptive & profitable markets in the past 10 years? Would hanging onto cash help solidify your place in the next disruptive & p
by fnovd 10y ago
Have there been any incredibly disruptive & profitable markets in the past 10 years? Would hanging onto cash help solidify your place in the next disruptive & profitable market? At the end of the day, the question for these companies is: can you afford not to have cash available for The Next Big Thing?
- cheez 10y agoSmartphones have exploded in the last 10 years....
- rgbrenner 10y agoand yet Microsoft has been unable to use their cash to secure a foothold in the smartphone market.
- cheez 10y agoMy understanding is they get ~$1 billion/year from licensing patents to Android manufacturers. Anyway, I wouldn't count them out just yet. It took them 5-6 years to catch up to Google Docs and these days, I often consider using Office 365 because it's local AND syncs to the cloud automatically.
- WildUtah 10y agoSmartphones have exploded in the last 10 years... The lithium ion battery problems are mostly under control now.
- snewman 10y agoThere's cash available for The Next Big Thing, and then there's $215B (Apple's current cash). They could buy, say, GM outright (market cap: $48B) and barely make a dent.