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Article #620192

Re: Important US technology companies sold to foreigners (was: Xerox company sold)

#620192
From: Charlie Gibbs
Date: Sun, 04 Feb 2018 02:29
19 lines
2361 bytes
On 2018-02-03, hanc...@bbs.cpcn.com <hanc...@bbs.cpcn.com> wrote:

> AT&T also wrongly predicted that Western Electric would continue to
> be profitable.  It knew at the time [Alvin Von Auw] that customer
> ownership of sets and wiring was no long cost-effective.  However,
> it probably could not have predicted that W/E's business model of
> building equipment strong enough to withstand a nuke attack was no
> longer working, and consumers wanted cheap equipment, even if it
> meant frequent replacement.  That is, consumers would rather have
> a cheap crappy $10 phone replaced every year than a solid durable
> $40 phone lasting for 40 years.

'zackly.  The Economy depends on consumers being stupid.

-- 
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From: Charlie Gibbs <cgibbs@kltpzyxm.invalid>
Newsgroups: alt.folklore.computers
Subject: Re: Important US technology companies sold to foreigners (was: Xerox company sold)
Date: 4 Feb 2018 02:29:24 GMT
Organization: NewsGuy.com
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