The epic history of technology is littered with some incredibly lousy prophecies, often made by some very smart, very successful -- and very wealthy -- executives. We trolled the timeline of technology to find the most misguided -- and in some cases just plain crazy --calls in the industry's storied past, from the telephone to television to YouTube. Sure, it's easy to call out the most foolish forecasts with the benefit of perfect hindsight. It's also a lot of fun -- there are some doozies. And
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"I'd shut [Apple] down and give the money back to the shareholders." --Michael Dell, founder and CEO of Dell
Myhrvold shouldn't have to stand alone in Apple ignominy -- he's far from the only person to have issued last rites for the company, just one with a higher profile than most. Except maybe Dell, who took the chance to rib his competitor before a 1997 tech conference crowd. At around 300 bucks a share today, investors are probably glad Steve Jobs didn't heed the advice.
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InformationWeek Must Reads Oct. 21, 2014InformationWeek's new Must Reads is a compendium of our best recent coverage of digital strategy. Learn why you should learn to embrace DevOps, how to avoid roadblocks for digital projects, what the five steps to API management are, and more.