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Originally Posted by Penforhire
Agreed. It can happen to any company. Not just Nokia. I'm thinking of Research in Motion, Motorola, Myspace, Digital Equipment Corp, Atari, Pan American, Kodak, Polaroid and so many more who were all at one time on top of their world.
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Good list indeed. It can be made longer with:
Pentax, once the premier SLR seller, now only a Ricoh name.
Leica, the premier rangefinder seller, now only a high-end niche player.
Interplay: At one time the biggest game publisher in the world.
Comodore, once the top home computer.
Genius, once the biggest seller of computer input peripherals, completely eclipsed by Logitech. In the computer world we also had TSeng, Cirrus, Diamond, S3... and many others that once were top or number one brands, who are now dead, or only a name in someone else's portfolio.
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The question is, is now the time for Apple to fail? Not yet, not in 2014.
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Can't be predicted, but sometimes I wish Microsoft hadn't injected that money into Apple in 1997. I'm sure they only did it so they could tell everyone that they (MS) didn't have a monopoly on the computer market, so those rules wouldn't apply to them. I think it's also the case why Intel and nVidia don't team up to completely wipe AMD/ATI from the computer market.
(ATI is now owned by AMD, but they are older than nVidia, and at one time were the biggest manufacturer of graphics hardware in the world.)