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I don't think there's many people out there other than Boomers that look at GE as an important brand name. I definitely don't have anything from them nor do I p
by mlinhares 6y ago
I don't think there's many people out there other than Boomers that look at GE as an important brand name. I definitely don't have anything from them nor do I plan to buy anything any time soon.
- deleted 6y ago[deleted]
- jjeaff 6y agoI would think it might carry some weight in the trades though. If I have some electrical component and it says GE on it, I am going to trust it a lot more than a "happy smile electronics" part. Whether that trust is misplaced or not is a different conversation, though.
- kube-system 6y agoFWIW, Forbes ranks them #16 https://www.forbes.com/powerful-brands/list/#tab:rank https://www.forbes.com/powerful-brands/list/#tab:rank
- nucleardog 6y agoI think they're probably fine without your dollars or mindshare. I suspect part of the reason they're getting out of a lot of this commodity (or borderline commodity) businesses is because they make much more money on building power plants and wind turbines, jet engines, medical equipment (MRI/CT/PET/etc machines and more), etc. Some quick digging, and it looks like their lighting and industrial controls division made all of $300m in profit. Their aviation products alone profited over $28b. If I were them, I wouldn't care either.