Pretty much ego, hubris, vanity, hype & the lack of imagination.
Posts tagged “Fail”
Why isn’t the Sony PSP more like the iPod Touch? This explains nicely. It’s really three reasons:
- Minidisc
- ATRAC
- UMD
I haven’t provided the dates on the chart because they aren’t important. The auto business is highly cyclical because consumers are buying expensive assets that last for years at a time. Nobody ever really has to buy a new car (they can buy a used one if their car breaks down), and therefore consumers are willing to hold on to their existing vehicles and wait out economic slumps. You can’t do that with, say, a loaf of bread, or even something like a cellphone, which has a much shorter lifespan. (via FiveThirtyEight: Politics Done Right: GM’s Problems are 50 Years in the Making)
This pretty much nails it.
