Heard on the street
“Neither scale nor manufacturing expertise protected Dell or Hewlett-Packard in personal computers. The iPhone helped cause the share-price collapses of Nokia and Research In Motion. The collective market capitalization of these five companies is just $75 billion today, according to FactSet. Apple’s is seven times larger.”
That’s not me taking. That’s Rolfe Winkler talking, over at the Wall Street Journal.
My 2ยข: While no single factor can explain the success of companies that people love, there’s one common thread that runs through it all: Companies that create the most positive emotions win. Tall order? Yep. A lot of work? Heck yes. But what’s the alternative?
Dec 7, 2012