Money from Today or Yesterday

[tw]

With so little news getting through convention hype (and yet traffic is moving just fine in Boston)-

Contrary to what is taught in business schools, the spread sheets are a summary of work mostly performed four to ten years ago. Apple's Sculley would intently study those spread sheets to learn where the future was in computing. In his biography, he admits, "Everytime I had the computer industry figured out, it had already changed". Of course. He was trying to manage a company using the latest spread sheets which meant he was working with obsolete information.

A reverse example is demonstrated by Comcast as reported from the NY Times:

from Cable Companies Profit From Demand for High-Speed Internet
Cable companies, which have been weighed down for years by heavy investments and sagging subscriber growth, are starting to turn the corner.

Comcast Corporation, the nation's biggest cable operator, said today that it earned $262 million in the second quarter, after losing $22 million in the same period last year, thanks to an increase in the number of customers signing up for high-speed Internet and digital video services.