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Randall thought similarly: https://xkcd.com/1045/ https://xkcd.com/1045/ I think there are places for both. However, reading up on a lot of business case studi
by Qub3d 4y ago
Randall thought similarly: https://xkcd.com/1045/ https://xkcd.com/1045/
I think there are places for both. However, reading up on a lot of business case studies, I noticed that a major tipping point for a company is often when they decide to step out of their niche.
Diversifying can handicap a company if they aren't careful, because it reduces resources to the core product.
However, it can also be a real boon (see: Microsoft + Azure, which now makes most of their revenue)
- jahewson 4y agoMicrosoft doesn’t provide a revenue number for Azure. Their entire cloud + server division accounts for 29% of overall revenue.
- Qub3d 4y agoMy bad, I was working from memory. I probably did an s/Microsoft/Amazon/ in my head.
- nl 4y agoAmazon disclosed in its quarterly earnings announcement that AWS revenue totaled $18.44 billion in the quarter [snip]. That works out to about 16% of Amazon’s total revenue. https://www.cnbc.com/2022/04/28/aws-earnings-q1-2022.html https://www.cnbc.com/2022/04/28/aws-earnings-q1-2022.html
- Qub3d 4y agoWow, I am really getting a lesson in how inaccurate our memory can be. Thanks for the info!