Vyse_Blue_Rogue said:
Apple was the worlds first trillion dollar company (though it's market cap is currently just under a trillion) then Microsoft (which, unlike Apple, is still a trillion dollar company). Amazon will likely be the third. |
Apple was the worlds first Trillion dollar company.
https://www.theguardian.com/technology/2018/aug/02/apple-becomes-worlds-first-trillion-dollar-company
Amazon became the second.
https://metro.co.uk/2018/09/04/amazon-becomes-the-worlds-second-trillion-dollar-company-7913735/
Microsoft became the third.
https://www.abc.net.au/news/2019-04-25/microsoft-market-value-soars-to-1-trillion-us-dollars/11046038
And again Microsoft in 2019.
https://www.theverge.com/2019/4/25/18515623/microsoft-worth-1-trillion-dollars-stock-price-value
So it's already happened... And the discussion is moot.
| JWeinCom said: I actually think Gamestop has been fairly proactive in trying to adjust their business model to the times, compared to places like Blockbuster or Sam Goody. But, I just don't think there's all that much they can do against the technological shift they're facing. |
Not sure what Gamestop has done specifically... But the Australian version of Gamestop... Aka. "EB Games" has done really really well to diversify by selling gaming related paraphernalia rather than just video games.
Digital was always set to to take over, it happened with music, it happened with video... It was only a matter of when, not if... That it happened to video games, so these companies need to evolve or die.
| OTBWY said: It astounds me how businesses like Gamestop throughout history take so long to see the direction (of the very business they're in) and not enact on it. How come Gamestop couldn't be the Steam or Epic store of today? What was blocking them from doing so? To evolve in the face of continued increased digital sales? It just boggles the mind. It's the same thing with Blockbuster and their inability to start a competent streaming subscription service. They sat there and Netflix and others took their business away from them. Theres also this: Every single time a business cannot adapt and finds itself in a death spiral, theres a string of CEOs lining their own pockets. This is ultimately what kills a company. Vultures. |
Steam has existed since 2003 and transformed PC gaming for the better.
iTunes has existed since 2001 and transformed the music industry.
Netflix has existed since 1997 and transformed the video industry.
Ironically there was an offer for Blockbuster to acquire netflix at one point... Boy. I bet they wish they did make that purchase.
--::{PC Gaming Master Race}::--
