W dniu 11.10.2020 o 16:36, Robin Vowels pisze:
On 2020-10-12 00:57, Bill Johnson wrote:
So market cap is now the determining factor for the best companies?
Here’s the 1980 list of market cap leaders. Had IBM not been forced
out of the PC market, I’d bet IBM would still be at or near the top,
and MSFT wouldn’t be.
"Forced out". I think not.
IBM gave up that market.
IBM usually exit from "commodity" markets. Is it good idea - I don't
know, but they simply don't want to compete on retail sales, promotions
and other.
And honestly - what about PC parket? Who is the winner?
When you go to the shopping mall you will find - yes, still Lenovo, HP,
some Dell. Toshiba. But also a lot of Asus, MSI, Huawei, Hiro, Gigabyte,
Acer, Kiano, Terra, Samsung, LG, DreamMachines and other companies. I'm
sorry, but this business went to Eastern Asia. Like steel and shipyard.
Oh, BTW - my Dell machine came from Łódź (this is my city, I visited the
factory). Maybe it's not far east, but it is still cheaper than Ireland.
Of course, IBM also exited from office printers (20+ years ago -
Lexmark), big printing systems (sold to Ricoh), ATMs, networking
hardware, x Series servers (also sold to Lenovo), PCB (Celestica), IC
(Global Foundries), etc.
In the past they also exited from 9 track reel tapes, punched card
equipment...
Disclaimer: I'm neither IBM fanboy nor IBM antagonist. I don't know what
to think about the news about split. I just observe.
--
Radoslaw Skorupka
Lodz, Poland
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