Another company Microsoft bought and ran into the ground. It’s really incredible that they managed to get their lunch stolen. They had basically a monopoly and gave it away without a fight. Hell, the colloquialism for video calling someone was to Skype them for a looong time.

And then one small competitor comes along and it’s all gone. How can you fuck up this bad? Especially during the pandemic, in which they should have further entrenched their monopoly…

What they do right is having a duopoly with Airbus, and great military contracts. So investors know that even if things are shit rn, they will probably get better again.

Furthermore, while I agree that Boeing probably will not go bankrupt over this, the valuation sometimes is not a great indicator of what’s going on internally. Enron was worth over 60 billion. Half a year later they were at zero. Now I’m not saying Boeing is nearly that bad, but they are in some trouble for sure.

Working for Boeings PR department must be absolute madness right now… imagine having to somehow excuse all those fuck ups and every week there is a new one

I mean, most companies still don’t abide by it tho. There’s lots of sites where you can accept all cookies or you have to jump through a few hoops to decline the non essential ones.