"The horse is here to stay, but the automobile is only a novelty." - President of Michigan Savings Bank, 1903, advising Henry Ford's lawyer not to invest in the Ford Motor Company.
"The wireless music box has no imaginable
commercial value. Who would pay for a message sent to nobody in
particular?" - Associates of David Sarnoff, manager of an early US radio
"While theoretically and technically television may be feasible,
commercially and financially I consider it an impossiblity, a development on
which we need waste little time dreaming." - Lee de Forest, "father
of radio", 1926.
"Television won't be able to hold onto any market it captures after the
first six mmonths. People will soon get tired of staring at a plywood box every
night." - Darryl F Zanuck, 1946.
"I think there is a world market for as
many as 5 computers." - Thomas Watson, head of IBM,1943.
"The telephone may be appropriate for our American cousins, but not here,
because we have an adequate supply of messenger boys." - group of British