Quotes that led to Blunders
Posted: Fri Feb 04, 2005 11:17 am
IBM's Chairman T.J. Watson's 1945 explanation of why IBM was not getting into the computer business :
Source : Computer Networks by Andrew S. Tanenbaum
In 1977, Ken Olsen was president of Digital Equipment Corporation, then the number two computer vendor in the world (after IBM). When asked why Digital was not going after the personal computer market in a big way, he said :"Four or Five computers should be enough for the entire world until the year 2000".
History showed otherwise and Digital no longer exists."There is no reason for any individual to have a computer in his home".
Source : Computer Networks by Andrew S. Tanenbaum