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Absolutely this IBM. In 1989, they owned the PC market. It was theirs. Of course the cracks were deep and deepening, but IBM still could have maintained a leade
by philistine 10mo ago
Absolutely this IBM. In 1989, they owned the PC market. It was theirs. Of course the cracks were deep and deepening, but IBM still could have maintained a leadership of that industry to this day. Instead, they squeezed so hard the PC market fell from their iron grip.
The fact IBM still exists and is an important company is irrelevant. They lost control of the de facto computing standard. Microsoft could lose control as well.
- esseph 10mo agoMaybe, but the markets also shift. Companies evolve. Old products fade out of importance and new goods and services appear. Their company value has never been higher. I'm not sure I would have liked a world where IBM continued to control so much - we probably would have a much smaller open ecosystem.
- philistine 10mo agoYes, but it's the same story with Microsoft now. If they lose control over the PC market, it can only make it better.
- esseph 10mo agoI mean, the stuff I was hearing about Microsoft over a decade ago was that they were giving up on the OS and moving everything to a cloud based SaaS model. Basically, focusing energy where the money is.