keithr said:
Longevity doesn't mean success, by 1980 VHS had 70% of the market, by
1988 Sony was selling VHS machines. Staggering on with a few percent
of the market is failure.
**More nonsense. Apple has/had a very small share of the personal computer
market, compared to IBM 'clones'. However, Apple's total number of computers
produced was still (and still is) a significant number of units. Enough to
ensure that Apple (computers) remains both a large and profitable company.
Let's examine your figures for a moment. VHS had 70% of the market and Sony
had (by inference) 30%. There were 7 companies who manufactured Beta
machines and another 3 or 4 that rebranded mostly Sony machines under their
own label. Let's say that Sony manufactured around 30% of the 30%. That's
around 10% of all home video recorders were Sony manufactured machines. In
later years, that figure rose, as other manufacturers switched to VHS.
At it's peak, around 40 companies were selling their own branded VHS
machines. For 70% of the market. Many were probably re-branded JVC (or
other) machines. It is highly unlikely that any one VHS manufacturer was
actually building signifiantly more machines than Sony was building Betamax
ones. In fact, except for JVC and possibly Matsushita, Sony probably made
more Betamax machines than anyone else.
The experience taught to us by Apple (and Betamax) is that the absolute
market share is not necessarily a measure of success. It is the number of
machines produced and the profitability of those machines produced that are
a measure of success. I am not privy to the profit figures from Sony, but it
is highly likely that in TWENTY SEVEN years of continuous production of
Betamax machines, Sony made a healthy profit.