8 Companies That Made A Surprising Comeback

Monday, 20 October 2014, 04:21 Hrs
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When this company was on the verge of a total meltdown, it surprised the masses and is now slowly rising back to its former glory. The company is at present witnessing rise in terms of Share prices which is at $9.



Xerox:



This Company is truly an example of one that was on the verge of dying but today is one of the biggest names in the tech industry. Xerox was believed to be a company that copied everyone else that their name sometimes fit so well.



Investors were about to write it off but today it is becoming one of the biggest service providing businesses like IBM. Its shares have risen by 25 percent.



AOL:



This Company is an American multinational mass media corporation which develops, grows and invests in brands and websites. Though being such a huge business it was on the verge of collapse. They arrived late on the digital media and advertising platform, when all their rivals made good use of it.



This company was later brushed off and is today growing with stock prices being increased to $43. They still rely on their dial-up customers who give about $143 million in revenue for the company.



Blackberry:



The story of Blackberry’s decline is not a new one to those aware about business prospects. This mobile brand was one of the most revered brands in the industry but they were not able to compete with the likes of Google and Apple. Balckberry is on a road to recovery but still has a long way.



The mobile brand recently released a new phone “Passport”, targeting their die-hard fans, the business professional. The company vows to get back but must continue to innovate if they are to level Google, Apple and Samsung.  

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Source: IANS
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