There
is a popular belief that a very big company (or a very rich person) has
some monopolistic advantage in the world. That believe is wrong wrong
wrong.
I will keep throwing data and empirical evidence at
the popular belief and hope to convince one person at a time.
The
dominant company in computer software has been Microsoft. It has had
+80% of the global software market for 25 years. Microsoft has $37
billion cash on hand and generates $22 billion a year (twice what Apple
or Google generate).
Yet, since the Internet became the
dominant computer relationship in our lives, Microsoft has tried
desperately to gain a foothold in the Internet. It has tried with
Internet Explorer, WebTV, MSNBC, Hotmail, Bing and a few other campaigns
that I've forgotten. Not only has
Microsoft failed, it has spent and
lost $10 billion trying.
So much for the monopoly power of
a company with virtually unlimited cash and 9,300 employees.
More
data for ideologues to ignore.
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PS: Henry Blodget even thinks Microsoft may be at the end of the road, with its survival 100% based on Windows.