A Perfect Storm: Is Nintendo Burning Next?
Stephen Elop's burning platform memo is already legendary and considered one of the most moving and impressive efforts to save something that is virtually impossible to save in a race against all odds. Nokia has not fallen into desperation over night, at least not in the public eye. Nokia has been facing increasingly potent competition for some time. It is just now that Nokia had the guts to admit that it failed and needs to abandon ship to survive. Is that what will be happening to Nintendo as well?
UPDATE: This reminds me of Commodore... and how they were riding so high at one point. The Commodore 64 was the best selling computer model of all time. There's a great book on it if anyone is interested.