Strome Business Minute With Dr. Jeff Tanner

In my early career, I worked for Xerox and watched as the company that invented the technology that made Apple computers possible, offered the first computer networks, and created artificial intelligence products fail to capitalize on any of these. The printing and copying company is now banking on a future that includes another faded glory, Hewlett Packard. Xerox offered to buy HP, which looks like the merger of two buggy whip makers. For the millennials, buggy whips are used to make horses go when they pull a buggy – all outdated technology. Yes, the new company will be seventy billion dollars in revenue, a huge printer and PC maker but these are commodities. The real challenge will be finding new products and services.