Bad Predictions

Here is a web page that repeats predictions made in the past that have proven to be less than accurate. Although it missed the bad projections about Apple’s retail stores from 2001. A few examples:

“With over 50 foreign cars already on sale here, the Japanese auto industry isn’t likely to carve out a big slice of the U.S. market.” — Business Week, August 2, 1968.

“We don’t like their sound, and guitar music is on the way out.” — Decca Recording Co. rejecting the Beatles, 1962.

“I think there is a world market for maybe five computers.” — Thomas Watson, chairman of IBM, 1943.

“But what…is it good for?” — Engineer at the Advanced Computing Systems Division of IBM, 1968, commenting on the microchip.

See the rest for yourself at: http://rinkworks.com/said/predictions.shtml

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