Saturday, August 31, 2013
Iconic Brands That Just Disappeared
From the July 3, 2013, Yahoo! Finance, 24/7 Wall St by Alexander E.M. Hess and Michael B. Sauter.
Ten years ago, SONY Ericsson was one of the hottest cell phone makers and Cingular was one of the most popular wireless carriers and, then Compaq was one of the hottest PC brands. Don't ask me about the first two. I'd heard of them, but you're talking to a guy who has had his cell phone (same one) for about eight years and still doesn't know how to operate it. I think my school in Round Lake got Compaq computers for the first time back in 2000. I didn't know how to operate them either.
These and others have effectively ceased to exist, but were household names back then. Cause of loss, usually significant mismanagement coupled with industry pressure.
Compaq and Cingular were bought. Some others which are gone now: Lehman Brothers, Wachovia, Washington Mutual and Saab.
Gone Now. --RoadDog
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