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Funny... GE's policy was that they wouldn't be in any business they couldn't be first or second in. But suddenly, we've added third. Because MSFT is 3rd in se
by far33d 20y ago
Funny... GE's policy was that they wouldn't be in any business they couldn't be first or second in.
But suddenly, we've added third. Because MSFT is 3rd in search. hah.
- create_account 20y agoThese "absolutes" are a little tiring. You can always find an outlier or exception. Don't these guys understand probability theory?
- nostrademons 20y agoIt depends on the market - some markets seem to support 3 major players, while others only support two. Think GM, Ford, and Chrysler for the U.S. car market; Toyota; Honda, and Nissan for the Japanese car market; ExxonMobil, ChevronTexaco, and ConocoPhillips for the domestic oil market; Apple, Commodore, and Tandy for the 1970s PC market; and Nokia, Motorola, and Samsung for the cell phone market. Oftentimes that equilibrium is unstable, too. Chrysler got bought up by Daimler-Benz, Nissan seems to have disappeared, all the 1970s PC manufacturers ended up as bit-players when IBM and clones took over the market, and ConocoPhillips is clearly doing its best to become the #2 U.S. oil company instead of the #3. So they're both right, it just depends on what time horizon you're looking at.