This company lost 4.3 billion dollars because of one simple mistake. So in the early 2000s, Motorola was one of the largest cell phone manufacturers in the world. They had the best cell phone technology, giving them The High Ground over every other cell phone manufacturer. Apple Blackberry and Motorola were all preparing to launch their first smartphone, but while Apple and Blackberry focused on the customer experience, Motorola was trying to make their phone look aesthetic.

This led Motorola stock price to drop by 90 from 2006 to 2009, which is why.

By Stock Chat

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7 thoughts on “The $4.3 billion mistake”
  1. Avataaar/Circle Created with python_avatars Harry D says:

    I had one and a blackberry

  2. Avataaar/Circle Created with python_avatars Bob Kalember says:

    It wasn't this simple mistake. They had to compete against China. The initial Motorola products were made for the military. You can make money anywhere. BTY this is foreign advertising

  3. Avataaar/Circle Created with python_avatars Superformance says:

    Which is why what?!

  4. Avataaar/Circle Created with python_avatars Patrick says:

    Tesla is the BlackBerry of EV. Everyone thought BlackBerry had a lock on the smartphone market and their stock price went to the moon. Then everyone realized phones aren’t a monopoly and the stock crashed 95%. Tesla is the BlackBerry of EV…no monopolies in cars either.

  5. Avataaar/Circle Created with python_avatars A B says:

    When I was in middle school everyone had a Blackberry and if you didn’t have on you weren’t cool…

  6. Avataaar/Circle Created with python_avatars Random says:

    Dang

  7. Avataaar/Circle Created with python_avatars Tim Buzby says:

    Nice short but it cuts off before it’s finished?

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