VC Fred Wilson: By 2020 Apple Won’t Be A Top-3 Tech Company

Fred Wilson of New York’s Union Square Ventures, one of the top tech investors around, believes that by 2020, the biggest tech company in the world — Apple — will cease to be the most important, and won’t even be in the top three.

Speaking at today’s TC Disrupt conference in NYC, he predicted that the top three tech companies, instead, will be Google, Facebook “and one that we’ve never heard of.”

Why? Apple, he believes, is “too rooted to hardware,” with not enough tied into the cloud, and that will make it too much of a challenge for it to evolve going forward.

“I think hardware is increasingly becoming a commodity,” he said. “Their stuff in the cloud is largely not good. I don’t think they think about data and the cloud.”

via VC Fred Wilson: By 2020 Apple Won’t Be A Top-3 Tech Company, Google And Facebook Will | TechCrunch.

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