silicon on 23 September 2011
If you're a big company it's better to be an ex-pander. Larger companies own many smaller companies. Then you sell the companies is low growth areas, and buy companies in large growth areas.
Apple does this but does it internally. They made the Imac, huge growth...then growth flat lined, but it's okay because they moved onto ipod, then iphone, then ipad, next it'll be icloud and online services... etc. For corporations it's about growth!!!!!!!!!!!
But I think you need to define what better means.... is it stock price? earnings per share? revenue? market share? What is "better" may differ between private vs. public companies.
