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Devil's advocate; Past performance doesn't necessarily correspond to future success. Typewriter manufacturers were still doing pretty well in 1960. That said,
by some_random 9y ago
Devil's advocate; Past performance doesn't necessarily correspond to future success. Typewriter manufacturers were still doing pretty well in 1960.
That said, IBM certainly did well in that particular transition.
- nopriorarrests 9y agoIn auto industry, past performance matters a lot. You do not see new car companies popping up left and right, because profitable manufacturing at scale is insanely hard, and profit margins are not that great. So companies who acquired that knowledge tend to stick around. Unseating them is tricky, as Tesla M3 scale up illustrates.