They said it, and they mean it. According to 24/7 Wall Street, ten companies are going to disappear, in a sense that they will either be gone, be acquired, or will file for bankruptcy. Among the ten, three of them are tech-related, namely MySpace, Sony Ericsson and Nokia.
Every year, the website compiles a are report to list 10 firms that will disappear. Using methodical approach, when a certain company matches some or many of their “disappearance factors”, the company will be considered to disappear soon under their definition within 18 months.
Sony Ericsson, a joint venture of Sony and Ericsson found in 2001, has entered its dark ages after the rise of iPhone. The report predicts that the business will eventually be taken over by Sony, and be re-branded.
While the company is in danger, I don’t think the company will disappear so soon. After the company has decided to adopt Android platform, the company has made a come back by some hero products like Xperia X10, Xperia Arc, and Xperia Play. Sales might still be weak compare to its rival HTC, but aesthetic of handsets and gaming support somehow wins over practically and hardware specs.
Apart from Sony Ericsson, Nokia is also listed. The report even use “Nokia is dead” in the very first sentence, and predicts the company will be acquired soon. The report listed out some potential buyers, including HTC, Samsung and LG.
Once again, Nokia is in a very difficult situation. But acquisition is not the the only solution and obviously the new president and CEO doesn’t think so.