8 Bad Business Decisions

By siliconindia   |   Wednesday, 14 September 2011, 23:57 IST   |    1 Comments
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Other Bad Business Moves
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Ignoring Future In 1980, while the first IBM PCs were being created, the company was looking for an appropriate operating system for its computers. IBM turned to Microsoft and Bill Gates wrote a simple interpreter called PC DOS. IBM paid Gates a onetime fee and installed the program in all its computers and started selling. However, for reasons unknown, IBM ignored the fact that Gates still owned the interpreter. As soon as IBM began making profits, Microsoft started making fortunes by selling its operating system to IBM's competitors.