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In the year after the iPhone was announced, blackberry stock tripled to 140 dollars a share. They had record profits and revenue. It’s currently $4. You can
by empath75 6y ago
In the year after the iPhone was announced, blackberry stock tripled to 140 dollars a share. They had record profits and revenue.
It’s currently $4.
You can be a dead man walking even while your financials are fine.
- Synaesthesia 6y agoThe same could be said of nvidia. I don’t think their future is assured by any means.
- empath75 6y agoNothing is assured, but if you were going to bet, intel’s future seems a lot cloudier. Where do they get growth from?
- itsoktocry 6y ago>In the year after the iPhone was announced... The iPhone was a one-in-a-generation product that upended an industry. Yet I see 10 products being compared to it a week. It may sound cynical to people here, but in the long-run, you'll do a lot better thinking "this is probably not the next iPhone" than having FOMO that every second tech company might be the next Apple.
- empath75 6y agoI’m just using it as an example of an incumbent being disrupted. It takes a few years to show up in the bottom line.