[melvinram]

Pardon my ignorance on the topic, but why would moving a business into new areas be considered lucky?

I wouldn't consider Apple moving into phones as lucky. Would you?

[monocasa]

It's just not what he pushes as the primary reason for his success.

They also were sitting on a ton of real estate (and invested capital from their pension fund), so the comparison with Apple isn't totally on point. Apple didn't get into the market because they already had a warehouse filled with phones.

[reaperducer]

If you saw Apple moving into phones and then moved your business into phones and your business did well, a person like Welch would call himself lucky.