Agreed. But I can't think of an example of a company that ever voluntarily downsized. Downsizing usually happens because a new competitor arises that makes a product customers prefer. That's a very difficult proposition in the personal computer space.
If history is a lesson, any company that arises to compete with established players, gets acquired by them. And it's a shame no companies actually decline these acquisitions.
>no companies actually decline these acquisitions.
Not true. Yahoo made 2 separate offers to acquire Google, and an established social-media company offered to acquire Facebook (for a billion dollars IIRC).