Never Doubt Creative Destruction

At least when not completely hampered by government via crony-capitalism and rent-seeking. But it’s amazing how well it works even in spite of that most of the time. Remember just a few short years ago when it seemed like RIM and Blackberry had an unbreakable hold on business/enterprise cell phones? Now the company is circling the drain. Remember when it seemed like no one could ever unseat these companies or at least compete with them? Off the top of my head:

  • Sears
  • IBM
  • Microsoft
  • Novell
  • Woolworth
  • Blackberry
  • Kodak
  • GM

15 Classic Products On The Brink Of Death (PHOTOS): Brace yourselves, because there soon could come a day when bottled water will be a thing of the past. Yes, one of the most ubiquitous beverages could go the way of the fax machine and the floppy disk.