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Financial results are always a lagging indicator in tech. That doesn't mean they aren't important, just that you can coast on an existing product line for a rea
by eldavido 6y ago
Financial results are always a lagging indicator in tech. That doesn't mean they aren't important, just that you can coast on an existing product line for a really long time (decade+) and then everyone's "surprised" when unit sales decline, and there's nothing else in the pipeline.
An example of this: Sears. Dominant retailer, completely missed the boat on ecommerce, now bankrupt. Literally.
- bluGill 6y agoSears missed the boat on ecomerce, but that isn't why they are gone. Walmart missed the boat too at first, but they are still big because their manageme was good. They also have adjusted overtime such that now my family does most of our shopping there (once this pandemic is done I'm looking forward to going back to the local stores I used to go to.)
- jeffbee 6y agoMicrosoft missed the boat on mobile and now they are the biggest firm in the universe.
- uHuge 6y agoI do not see them, Nokia is minor, Win discontinued..?