It's an important lesson in business -- companies that fail to adapt fall behind. One familiar example is Blockbuster Video, which could have purchased Netflix for $50 million, but the CEO didn't see any value in the idea. Netflix is now worth nearly $400 billion, while Blockbuster is history.Intel (INTC 0.73%) is experiencing something similar although not as permanent. It's unlikely that Intel will go out of business; however, missing out on smartphones (more on this below), the recent failure to embrace ...