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Technology Stocks : Apple Inc.

AAPL 259.35

+0.1%

Jan 9 9:30 AM EST

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To: MGV who wrote (169170)	5/5/2014 8:45:59 PM
From: MGV	Read Replies (1) of 213181

Recode noted that Wilson sold his Apple position in 2009. Fred Wilson Tapped to Deliver Annual “Apple Is Doomed” AddressCome 2020, the top three tech companies in the world by market cap will be Google, Facebook and a new venture we’ve not yet heard of. This according to Union Square Ventures founder Fred Wilson, who this morning told attendees of TechCrunch Disrupt that Apple will have given up its market cap crown by decade’s end. “Apple is too rooted to hardware,” Wilson said. “Hardware is increasingly becoming a commodity. Apple’s stuff in the cloud is largely not good. I don’t think they think about data and the cloud in the way you need to think about things.” (Side note: Wilson sold off his Apple stake in 2009.) recode.net

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