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re: The dumbest company?

Posted on 1/21/16 at 11:20 am to
Posted by CCTider
Member since Dec 2014
24233 posts
Posted on 1/21/16 at 11:20 am to
Ibm reinvented their computer division into Lenovo. They still have their hands in the computer and tablet pie.
Posted by ksayetiger
Centenary Gents
Member since Jul 2007
68429 posts
Posted on 1/21/16 at 11:22 am to
Service Merchandise
Posted by TigerNlc
Chocolate City
Member since Jun 2006
32524 posts
Posted on 1/21/16 at 11:34 am to
Burger King, at least the Louisiana locations. All of them are run down and gross looking. It's like the company just said frick it one day and quit trying.
Posted by Cooter Davenport
Austin, TX
Member since Apr 2012
9006 posts
Posted on 1/21/16 at 11:37 am to
quote:

Burger King, at least the Louisiana locations. All of them are run down and gross looking. It's like the company just said frick it one day and quit trying.


It's like that here too. At one point, maybe a decade ago, they were all on-par with their competitors. Since then, they've been abandoned in place, pretty much. Wendy's went on a big renovation spree in recent years and now they're the nicest.
Posted by tigahfromtheham
On your left
Member since Jun 2005
5801 posts
Posted on 1/21/16 at 11:42 am to
quote:

A close 2nd has to be AT&T


Would love to hear an explanation. Only one posted in this thread was weak as hell.
Posted by AbuTheMonkey
Chicago, IL
Member since May 2014
8028 posts
Posted on 1/21/16 at 11:44 am to
quote:

Ibm reinvented their computer division into Lenovo. They still have their hands in the computer and tablet pie.


Sort of. Lenovo acquired IBM's PC business, but their equity share is so low in it now that it barely registers for IBM. They definitely no longer have working control, and I doubt they do much, if any, R&D for them.

IBM has steadily spun off divisions (PCs, servers, etc.) over the last two decades that became commoditized and has steadily grown its consulting, analytics, cloud computing, and so forth. Hell, they just acquired a healthcare solutions company, of all things.
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
63382 posts
Posted on 1/21/16 at 11:46 am to
They also just acquired a streaming video service (I think UStream) within the last few weeks.
Posted by jeffsdad
Member since Mar 2007
21555 posts
Posted on 1/21/16 at 11:47 am to
Just heard on radio IBM purchased a company to increase its standings/abilities in "the cloud". Trying to play catch up I guess.
Posted by shawnlsu
Member since Nov 2011
23682 posts
Posted on 1/21/16 at 11:49 am to
quote:

General Motors

Convinced a president to hand them billions in taxpayer money to stay open. Is never buy a GM vehicle but that's pretty clever
Posted by AbuTheMonkey
Chicago, IL
Member since May 2014
8028 posts
Posted on 1/21/16 at 11:51 am to
quote:

Just heard on radio IBM purchased a company to increase its standings/abilities in "the cloud". Trying to play catch up I guess.


Not so much playing catch up for them as acquiring something that will enhance what they already do well. Strategically, it is well within bounds of what they're trying to accomplish.
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
63382 posts
Posted on 1/21/16 at 11:54 am to
quote:

Trying to play catch up I guess.


They are 3rd in cloud services revenue, which is basically second place, since everyone is playing for actual second place behind Amazon's AWS. Microsoft's Azure is second.
Posted by Reboot
Member since Nov 2009
61 posts
Posted on 1/21/16 at 12:51 pm to
Sirius XM. Ever try to talk to one of those customer service morons? And their attempts to bilk customers rather than build a loyal base...
Posted by 3deadtrolls
lafayette
Member since Jan 2014
5759 posts
Posted on 1/21/16 at 1:00 pm to
OnStar
Posted by Cooter Davenport
Austin, TX
Member since Apr 2012
9006 posts
Posted on 1/21/16 at 1:06 pm to
I remember back when GM was refusing to put in Nav screens when everyone else had gone to them past a certain trim level because they wanted to force you to still use OnStar. At least they finally moved past that.
Posted by tigerpimpbot
Chairman of the Pool Board
Member since Nov 2011
67089 posts
Posted on 1/21/16 at 1:20 pm to
The Wright Brothers fricked up their company by vigorously going after any other people trying to make airplanes by using their patents to stop competition. It was a bad strategy that ended up destroying the company when WWI broke out.
Posted by Kujo
225-911-5736
Member since Dec 2015
6015 posts
Posted on 1/21/16 at 1:38 pm to
quote:

Xerox


Could've been Microsoft.



correct
Posted by madmaxvol
Infinity + 1 Posts
Member since Oct 2011
19232 posts
Posted on 1/21/16 at 1:38 pm to
quote:

IBM is bigger than both Microsoft and Google, if you go off the fortune 500 list.

IBM - #23
Microsoft - #34
Google - #46


What would IBM be today if Lou Gerstner hadn't come in as CEO in '93? IBM would be dead if he hadn't come in to give them a harsh reality-check.
Posted by madmaxvol
Infinity + 1 Posts
Member since Oct 2011
19232 posts
Posted on 1/21/16 at 1:47 pm to
Levi Strauss & Co. Horrible brand management in the 90's and deteriorating quality following outsourcing has destroyed what was once the pillar of the denim industry.
Posted by northshorebamaman
Cochise County AZ
Member since Jul 2009
35541 posts
Posted on 1/21/16 at 1:47 pm to
Excite.com passed on acquiring Google for $750k in '99. Talk about kicking yourself later.
Posted by jlu03
San Diego
Member since Jul 2012
3321 posts
Posted on 1/21/16 at 1:48 pm to
GoPro. They are now dead in the water. Won't be long until they are bought out for a very low multiple. Side note... The CEO is a douche
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