Give any example that any company closed due to their product ?

Question

Accepted Answer

Yes

Yes, there have been several examples of companies closing due to their product.
One example is Blockbuster, which failed to adapt to the rise of online streaming and closed its stores.
Another example is Kodak, which couldn't keep up with the digital photography revolution and filed for bankruptcy.
Nokia is also a notable example, as it lost its dominance in the mobile phone market due to the rise of smartphones.
These companies failed to innovate and meet changing consumer demands, leading to their downfall.

Accepted Answer

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