Rotten Apple? iPhone maker could fall from grace by 2020
Exactly which three tech companies will be top of the tree come 2020? That’s impossible to say with any certainty, but at least one expert thinks that Apple’s days as one of the tech world’s giants are numbered, while he also had plenty of nice things to say about Bitcoin’s blockchain, and its potential to disrupt the Internet. Fred Wilson, co-founder and partner at venture capital firm Union Square Ventures , was speaking at the TechCrunch Disrupt event in New York on Tuesday. During his interview, Wilson made the bold prediction that Apple would no longer be a top three tech firm by 2020. Instead, Google, Facebook and one other company that no one’s even heard of yet will take its place. “I think they’re just too rooted to the hardware,” Wilson said of Apple. “And I think that hardware is increasingly becoming more commodity. They don’t have anything in the cloud to speak of, and the stuff they have in the cloud I think is largely not good. And I just don’t think the...