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They are not. On the surface revenues keeps growing, profits are enormous but underneath there are virtually no new product lines. If you look at Microsoft of 1
by telltruth 6y ago
They are not. On the surface revenues keeps growing, profits are enormous but underneath there are virtually no new product lines. If you look at Microsoft of 1990s, there were new $1B business each year - MSSQL, Sharepoint, Dynamics etc etc. For Apple, Jobs made it a point for one new product line every 2-3 years. For Google, you had new stuff like Gmail, Maps keep coming. Now its mostly barren land. Amazon had a lot going on with Alexa, pharmacy, Fire tablets, prime video etc. Don't expect these stuff 2-3 years down the road with new business suit at the helm.
There are real impact of not having a "product person" at helm. Business suits will squeeze out revenues and profits no matter what but there are no more tech that truly leap frogs existing art.
- ianai 6y agoExactly. Expect Prime membership to cost more and deliver less. New suits aren’t going to be beholden to Jeff’s mode of thinking and this historical precedent. We may well see Video culled outright or spun off into another media subscription, etc.
- hbosch 6y agoI think consistently improving existing products is just as good as, and oftentimes preferable to, creating entirely new products.