Don't Call It A Comeback: 7 Products That Saved Their Companies (And 2 That Didn't)
ATI Radeon

By the turn of the century, Nvidia had not only come back from the brink of extinction, it was dominating the graphics card market with its GeForce 256 card. 3dfx, once king of the graphics arena with its Voodoo line, was dying a slow death en route to being acquired by Nvidia. ATI's Rage, a traditional contender, was beginning to look weak; the Rage 128 GL, Rage 128 Pro and Rage Fury Maxx all fizzled in one way or another. Graphics hardware was degenerating into a distinctly one-horse race.
Then came Radeon.
The Radeon GPU did it all when the line launched in 2000, and it did it all well. Radeon offered a bevy of graphical options that were powerful enough to stand toe-to-toe with Nvidia's benchmark-leading GeForce2 GTS. Radeon restored ATI to a competitive, if not quite dominant, position in the graphics market. When the Radeon 9700 Pro hit the streets in 2002, it blew other graphics cards out of the water – even Nvidia's. Even though AMD long ago bought the reinvigorated ATI for a whopping $5.4b, the Radeon line still lives on.
Creative Labs Sound Blaster

Creative Technology started out as a small computer repair shop in Singapore. How many other major companies can say that? In any case, the co-founders quickly moved into the computer manufacturing business themselves. In 1986, the company rolled out the Cubic CT, a computer developed specifically for the Singapore market. It flopped, and flopped hard. Creative Technology stood on the brink of extinction and decided to focus their energy – and dwindling cash reserves – on the innovative sound card it created for the Cubic CT.
Creative's first major sound card, dubbed the Creative Music System, launched in 1987. It didn't quite flop, but the rival AdLib sound card quickly mopped the floor with the newcomer.
Creative Labs, Creative Technology's US subsidiary, paid careful attention while Adlib was busy kicking its butt. The result? The legendary Sound Blaster. When the Sound Blaster debuted in 1989, it featured all the tech behind the Creative Music System, plus the Yamaha YM3812 chip that powered AdLib. That meant that the Sound Blaster was fully compatible with every game that included AdLib support. Plus, the Sound Blaster packed in a joystick port – a relative rarity in those days. Creative combined that technological superiority with a hyper-aggressive ad campaign and by the end of 1990 the Sound Blaster was the best selling computer add-on around and a must-have accessory for PC gamers.
THE PRETENDERS
Lotus SmartSuite

Sure, SmartSuite's still around. So's Lotus, kinda – but not in any way that matters to most consumers. Lotus focused on the IBM OS/2 in the early 1990s and found itself blindsided by the success of Windows 95 and its 32-bit architecture. After buying a bunch of other apps to try and compete with the various Windows programs, Lotus bundled them together under the SmartSuite name. Even though SmartSuite came gratis on many PCs, Microsoft Office wiped the floor with Lotus' product (partly because of Microsoft's Office bundling shenanigans) and took Lotus' throne as the king of all office applications. IBM acquired Lotus in a hostile takeover and the once-giant is now part of IBM's software group, a shadow of its former self.
Palm Pre

When the hardware-focused palmOne and the OS-focused PalmSource merged to reform Palm, Inc. in 2005, the glory days of the PalmPilot (and heck, even the Treo) were behind them. RIM's BlackBerry stole a lot of PalmPilot fans and Apple's iPhone would soon steal even more. Palm had a plan to get back on track, though. The wrong one, i.e. the Pre.
Unfortunately for Palm, consumers didn't like the Pre as much as the people at Palm did. The company signed an exclusivity deal with Sprint, who was only the third largest US carrier. The keyboard kinda sucked, and webOS's apps couldn't hold a candle to Apples. Perhaps worst of all there simply wasn't any reason to buy a Pre (or its follow-up, the Pixi) over a BlackBerry, iPhone or Android phone. In fact, in 2010, Palm's CEO admitted that he'd never even touched an iPhone.
HP purchased Palm for $1.2 billion, less than a year after the Pre hit the streets. HP quickly killed off the Palm brand and is focusing its efforts on webOS. Edit: The day this article was published, HP killed webOS as well.
ON THE ROPES
Research In Motion Playbo.. Tor... Um... QNX...?
RIM's in the same place Palm was five years ago; fading away. Android's climb to the top of the smartphone heap has come largely at RIM's expense. Since June, RIM's shares have hit a five year low and the company's been forced to axe over 2,000 workers, which amounts to about 11 percent of its workforce. Clearly RIM's on the ropes – and it needs to land a hit.
But does the old fighter have any gusto left? RIM pinned high hopes on its PlayBook tablet, but then they rushed it to market prematurely – without native email, calendar or contact apps – and struggled with a small recall early. Sales have been so underwhelming that Sprint recently decided that they didn't really want to carry a 4G PlayBook after all.
Before the PlayBook, RIM had high hopes for the BlackBerry Torch – hopes that failed to turn into reality. "If you don't already own a BlackBerry, you will not want this phone," Matt Buchanan said in his Gizmodo review of the Torch. "And if you do, you still might not want it, even if it may very well be the best BlackBerry ever." Ouch.
So what's left? RIM plans on rolling out its first smartphone with the QNX operating system in the first quarter of 2012. Will "Colt" be the magic pill RIM needs? The initial signs are shaky, and the digerati are already skeptical. QNX is the OS behind the underwhelming PlayBook. That's not a tremendous heritage (especially if it's still lacking email support when Colt launches), but if the phone manages to appeal to consumers rather than just the traditional RIM business client, the company still has time to right the ship.
Conclusion
So what did we get wrong? What did we get right? We're sure at least one of you thinks we're idiots – why? Did we forget about a company? Let us know in the comments!