Apple Won't Be Among the Top Three Tech Companies by 2020, Venture Capitalist Predicts

Vunderkind

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Despite Apple’s strong Q2 results, the Cupertino Company has been hitting headlines for all the wrong reasons lately. And, here’s one more. Fred Wilson, one of the top investors of New York’s Union Square ventures now predicts that Apple may slip from the throne, and not even be among the top three firms by 2020, reports #Techcrunch.

At TC Disrupt Conference held in New York, Wilson predicted that #Google and #Facebook along with some new, unheard company could make it to the list of top 3 companies by 2020. He also believes that Facebook’s competitor, #Twitter, would take a spot somewhere between four and seven.

These words don’t come out of thin air as Wilson explains one of the key reasons for this prediction as Apple’s lack of cloud integration. He said that Apple is ‘rooted to hardware’ and it could hamper the company’s chances of evolving in the future.

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Source:#FirstPost
 

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