....AND NOW THEY LAUGH ALL THE WAY TO THE BANK.
1. "Computers in the future may weigh no more than 1.5 tons." -- Popular
Mechanics, forecasting the relentless march of science, 1949
2. "I think there is a world market for maybe five computers." -- Thomas
Watson, chairman of IBM, 1943
3. "I have traveled the length and breadth of this country and talked with
the best people, and I can assure you that data processing is a fad that
won't last out the year." -- The editor in charge of business books for
Prentice Hall, 1957
4. "But what ... is it good for?" -- Engineer at the Advanced Computing
Systems Division of IBM, 1968, commenting on the microchip.
5. "There is no reason anyone would want a computer in their home." -- Ken
Olson, president, chairman and founder of Digital Equipment Corp., 1977
6. "This 'telephone' has too many shortcomings to be seriously considered as
a means of communication. The device is inherently of no value to us." --
Western Union internal memo, 1876.
7. "The wireless music box has no imaginable commercial value. Who would pay
for a message sent to nobody in particular?" -- David Sarnoff's associates
in response to his urgings for investment in the radio in the 1920s.
8. "The concept is interesting and well-formed, but in order to earn better
than a 'C,' the idea must be feasible." -- A Yale University management
professor in response to Fred Smith's paper proposing reliable overnight
delivery service. (Smith went on to found Federal Express Corp.)
9. "Who the hell wants to hear actors talk?" -- H.M. Warner, Warner
Brothers, 1927.
10. "I'm just glad it'll be Clark Gable who's falling on his face and not
Gary Cooper." -- Gary Cooper on his decision not to take the leading role in
"Gone With The Wind."
11. "A cookie store is a bad idea. Besides, the market research reports say
America likes crispy cookies, not soft and chewy cookies like you make." --
Response to Debbi Fields' idea of starting Mrs. Fields' Cookies.
12. "We don't like their sound, and guitar music is on the way out." --
Decca Recording Co. rejecting the Beatles, 1962.
13. "Heavier-than-air flying machines are impossible." -- Lord Kelvin,
president, Royal Society, 1895.
14. "If I had thought about it, I wouldn't have done the experiment. The
literature was full of examples that said you can't do this." -- Spencer
Silver on the work that led to the unique adhesives for 3-M "Post-It"
Notepads.
15. "So we went to Atari and said, 'Hey, we've got this amazing thing, even
built with some of your parts, and what do you think about funding us? Or
we'll give it to you. We just want to do it. Pay our salary, we'll come work
for you.' And they said, 'No.' So then we went to Hewlett Packard, and they
said, 'Hey, we don't need you. You haven't got through college yet.'" --
Apple Computer Inc. founder Steve Jobs on attempts to get Atari and HP
interested in his and Steve Wozniak's personal computer.
16. "Professor Goddard does not know the relation between action and
reaction and the need to have something better than a vacuum against which
to react. He seems to lack the basic knowledge ladled out daily in high
schools." -- 1921 New York Times editorial about Robert Goddard's
revolutionary rocket work.
17. "Stocks have reached what looks like a permanently high plateau." --
Irving Fisher, Professor of Economics, Yale University, 1929.
18. "Airplanes are interesting toys but of no military value." -- Marechal
Ferdinand Foch, professor of Strategy, Ecole Superieure de Guerre.
19. "Everything that can be invented has been invented." -- Charles H.
Duell, Commissioner, U.S. Office of Patents, 1899.
20. "Louis Pasteur's theory of germs is ridiculous fiction". -- Pierre
Pachet, Professor of Physiology at Toulouse, 1872
21. "640K ought to be enough for anybody." -- Bill Gates, 1981
