but in practice the firms that missed major technological advances like the internet or mobile did not fare well.
> but in practice the firms that missed major technological advances like the internet or mobile did not fare well.
*Microsoft enters the conversation
apple missed the internet amazon missed the mobile
at that given point in time, this was not their main businesses and they fared quite well.
microsoft missing the mobile is different, because mobile being a competitor to desktop destroyed microsoft's main business.