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> By declining Steve Jobs’ proposal to make the original iPhone CPU in 2005, Intel missed a huge opportunity. I'm really intrigued by stories of missed opport
by joeblau 9y ago
> By declining Steve Jobs’ proposal to make the original iPhone CPU in 2005, Intel missed a huge opportunity.
I'm really intrigued by stories of missed opportunities. Certain companies have all of the power then make a minor miscalculation on the future of technology. Does anyone have similar personal experiences that echo this type of missed opportunity deal?
- erikb 9y agoI think this is a misinterpretation. If you are the market leader and have huge profits you can enter such a market at any time. It just costs more and more the stabler the market becomes, which in turn of course also decreases the risks and costs of development. The art is finding the sweet spot to enter, and beating the competition that's already in the market and tries to keep you out.
- mseebach 9y ago> Certain companies have all of the power then make a minor miscalculation on the future of technology It happens all the time, in matters big and small. A company takes a bet on something, it fails, and afterwards people (even on the inside) are scratching their heads and thinking "how did we ever think that was going to work?". Most of the time, nobody outside the company hears about it. When companies are powerful, their power is generally concentrated in a very narrow domain. Stray just a little outside that domain, and they're just as clueless as anyone else (although perhaps with deeper pockets).
- goingbananas 9y agoThis is a very nice compilation: https://www.amazon.com/Search-Stupidity-Twenty-Marketing-Disasters/dp/1590597214 https://www.amazon.com/Search-Stupidity-Twenty-Marketing-Dis...