Comment by ChuckNorris89

5 years ago

Those companies innovate and do well but they're not online businesses. They sell specialized niche high tech physical goods not digital services.

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ChuckNorris89

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vesinisa  5 years ago

What about IBM? Founded in 1911, $13B profit in 2018. Most successful company in several online business sectors.

What about Nokia? Founded originally in 1865 as a paper mill, re-invented itself multiple times in countless different industries, before becoming the leading mobile phone manufacturer in 1990s and 2000s. They did eventually indeed succumb to their failure to evolve, but a more competent management post 2006 would have likely saved the company.

  • donarb  5 years ago

    Then there's Nintendo, founded in 1889. They originally started making playing cards, eventually branching to toys and then video games.