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Funny that you bring up past numbers on revenue and profit. Andy Grove, Intel’s most celebrated CEO, used to sound a note of warning about relying too much on s
by sah2ed 7y ago
Funny that you bring up past numbers on revenue and profit. Andy Grove, Intel’s most celebrated CEO, used to sound a note of warning about relying too much on such metrics for decision-making.
Revenue, which is really about what has already happened, is a lagging indicator of bad news.
I have no horse in this race, but I think it is instructive to point out that after the iPhone launched in 2007, BlackBerry maker RIM would go on to attain impressive revenue numbers in its history starting in 2009 ($11,065m) and 2010 ($14,953m) before peaking in 2011 ($19,907m). It has been on a downward trajectory ever since.