4 ms·
> Microsoft is famously still doing quite well IBM is also doing well by that metric and if you check, GE isn't doing too bad either¹. Every incumbent will b
by FlyingSnake 4y ago
> Microsoft is famously still doing quite well
IBM is also doing well by that metric and if you check, GE isn't doing too bad
either¹.
Every incumbent will be replaced eventually². What really matters if these companies are at the forefront and driving innovation or not. Google at one point was at such place and so were IBM, Sun etc. Google has become a shadow of it's past and has become a place to pump up the promo packet and kill products loved by users.
1: https://www.google.com/finance/quote/GE:NYSE?window=MAX https://www.google.com/finance/quote/GE:NYSE?window=MAX
2: https://www.paulgraham.com/microsoft.html https://www.paulgraham.com/microsoft.html
- hn_throwaway_99 4y ago> IBM is also doing well by that metric and if you check, GE isn't doing too bad either¹. Literally, what are you talking about? IBM and GE have both been shrinking for YEARS now. Even the graph you linked above shows GE's stock where it was in 1997. Just compare either GE or IBM to https://www.google.com/finance/quote/MSFT:NASDAQ?window=MAX https://www.google.com/finance/quote/MSFT:NASDAQ?window=MAX