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There's laws you need to follow of course. But again, market share is another interesting signal (just like a CEOs behavior) that one might use to assess if th
by jjmorrison 4y ago
There's laws you need to follow of course.
But again, market share is another interesting signal (just like a CEOs behavior) that one might use to assess if they think the company will have a long term ability to generate more $. But the goal is always to generate more $s in the future.
Apple's shrinking market share of the smartphone market doesn't matter, because they are achieving their goal of profit generation. Blockbuster died maintaining a great market share of the video store rental market that disappeared. Netflix lost all DVD rental market share and pivoted the whole company to a streaming service. All of them the goal remains generate profits.