TechFold - Bold tech & web commentary

Apparenlty $35M is the margin between life and death

A $35M loss is apparently all it takes to bring down a company with billions in revenue and thousands of physical locations, according to CNET’s Don Reisinger. Its a good thing Don doesn’t do automotive journalism; given the way Ford and the General have survived years of losses of much greater magnitude in the face of nimble, innovative competition, Don would have been driven mad by their failure to comply with his dreary prognostications.

Ok, things don’t look great for Blockbuster. On the other hand, they have a physical distribution network in place and massive brand recognition; if management could pull themselves together, I can’t believe they wouldn’t be able to leverage those two assets into something meaningful.

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