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2016’s Business Winners and Losers

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Re: 2016’s Business Winners and Losers

#13
I didn't really grasp the parameters used to grade success and failure. Tesla's Elon Musk suffered a rocket explosion with the Space X programme, and an autopilot car crash that cost a human life. Amazon had one of its employees commit suicide last year. How are these even put through the winner category. I suppose money talks and everything else is a factor on a balance sheet.

Re: 2016’s Business Winners and Losers

#14
It seems no one in the comments, even OP, seems to understand how this type of list works. It's not based on sales or a hard metric. It's just based on the zeitgeist, "the defining spirit or mood of a particular period of history."

Re: 2016’s Business Winners and Losers

#16

He is putting apple in the same category as twitter, yahoo and theranos. Really? At this point it is becoming cliche to predict the demise of Apple.

> At this point it is becoming cliche to predict the demise of Apple.

Well, if everyone's doing it then in a certain sense they _have_ lost a lot of their cachet, no?

Also, you don't remember the late 90s. I was a huge Apple fan back then, and those were some disheartening years. In retrospect, I rather wish I'd bought their stock back then …

Re: 2016’s Business Winners and Losers

#19

He is putting apple in the same category as twitter, yahoo and theranos. Really? At this point it is becoming cliche to predict the demise of Apple.

It's just like the 1990s, except instead of being nearly bankrupt, Apple is now one of the wealthiest companies in the world.

Re: 2016’s Business Winners and Losers

#20
post #16

He is putting apple in the same category as twitter, yahoo and theranos. Really? At this point it is becoming cliche to predict the demise of Apple.

> At this point it is becoming cliche to predict the demise of Apple. Well, if everyone's doing it then in a certain sense they _have_ lost a lot of their cachet, no? Also, you don't remember the late 90s. I was a huge Apple fan back then, and those were some disheartening years. In retrospect, I rather wish I'd bought their stock back then …

Apple really was in trouble back then, though, so all the doom and gloom was justified. In 1997, they had $7 billion in revenue and lost about $1 billion. They now make more in profit per quarter than they had in revenue for all of 1997.

There are some signs that they may be headed for trouble eventually, but they're fairly minor, considering.

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