2007
“Several years from now we’ll see revamped Kindles...selling for much less. And physical bookstores,” wrote Newsweek, “will be lonelier places, as digital reading thrusts us into an exciting—and jarring—post-Gutenberg era.” Indeed, Kindles sold out in 5.5 hours on release day. Today, physical booksellers have dramatically declined, but despite their initial success, e-readers are on the decline with the widespread prevalence of smartphones today. The e-reader market, which was valued at $396.4 million in 2021 is predicted to drop to $204 million in 2027, according to Statista.
1972
“Some 4,000 companies qualify [as multinational], accounting for 15 percent of the gross world product,” Newsweek wrote, listing General Motors, Exxon and Ford Motor as the three biggest in sales. Today, Walmart, Amazon, and ExxonMobil lead the Forbes list of multinational corporations…
