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18 points

They had a line of mobile arm based processors that were powering windows mobile devices but they sold that division to Marvell 6 months before the launch of the iPhone, in order to focus on x86

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12 points

Intel has also made a similar blunder by trying GPUs and abandoning them (they got there early with the i740, then Larrabee). Saving a few dollars by gutting emerging products line has cost them billions

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2 points

One of those decisions that only looks worse as time goes on

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