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moralestapialast Friday at 6:43 PM2 repliesview on HN

???

None of those were in business since 1977 (w/ the exception of Nokia, which I would argue is still a successful company today. I wouldn't put it on that list).

None of those were ever valued (even close to) half a trillion, even adjusting for inflation.


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taylodlyesterday at 2:12 PM

Kodak was founded in 1892. I think Oracle is going to go the way of HP. Look at HP over the past 10 years and what it had been in the 10 year period leading up to that. Sure, HP is still a company with $50+ billion in revenue, which actually matches where Oracle is today, but they had been a company with $100+ billion in revenue - and that's before adjusting for inflation.

So while it's hard to call a company with $50+ billion in revenue a failure, they're not nearly what they once were. That's the direction I see Oracle going.

https://stockanalysis.com/stocks/hpq/revenue/

SvenLlast Friday at 7:48 PM

Your first point is correct, they are not that old. And while Nokia is still a company, it does not have the market power it once had. And that's what I meant with it might not vanish - Oracle will still be a company. Still, I think age is not really a good metric for success.

Your second point is right on the spot! Its valued. By what? By others, right? Somebody says a company has a value, which might not reflect its worth. As mentioned by some other commenters, Oracle has a lot of competition. Good competition. That's why I wrote it needs to change in order to stay competitive.

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