“Apple could be ‘obsolete’ in three years, due to increasing competition and ‘make-believe’ valuations in the technology sector, one analyst told CNBC on Thursda,” Arjun Kharpal reports for CNBC.
“Pedro de Noronha, managing partner at hedge fund Noster Capital, said he was unsure about the Silicon Valley-based company’s long-term potential,” Kharpal reports. “‘I need to know where a company is going to be in 5-to-10 years. I mean look at Apple, a company we all admire… I don’t know where they are going to be in three years,’ Noronha told CNBC in a TV interview. ‘It’s a very competitive landscape. They might become obsolete in two-to-three years, as we’ve seen with dozens of technology companies.'”
Read more in the full article here.
MacDailyNews Take: Pedro de who?
iCal’ed.
Meh. Another so-called expert who doesn’t know his ass from a hole in the ground. Sure, Apple could be obsolete, but so could Google, Samsung, Microsoft, HP, and others. This is really a dumb ass statement to make considering that we don’t know what any of these companies will be doing in the next several years. Who could have foretold Apple’s resurgence when they looked to be on the verge of bankruptcy in the late 90’s? Anything can happen.
Señor Pedro. Hop back on your donkey to the border. Jump in the rio grande and go back across the border if your going to babble stupidity like that. Yes yes I know mean joke just like his statement.
Actually Pedro your obsolete now
Has anyone ever heard of this guy? We also know the world could end in 3 years but would you bet on it? He’s the jean Dixon of financial services.
Can’t believe non has said this yet so…
Don’t vote for Pedro!
You need to know where a tech company is going to be in 5-to-10 years?
Then you’re a fucking idiot.
Vote for Pedro…..Napoleannn Dynooooomite!!!
Pedro is an idiot….
The person who wrote this is a hater, you love to see people fail, all the best to Apple.
CNBC should be obsoleted for posting such a stupid “analysis.”
Two minutes and fifty-nine seconds I’ll never get back.
Greed for attention, that’s what it is!
A world class idiot!!!
Pedro needs to lay down and rest and let his shirt dry. The swim has clouded his mind.
I think the title of this post is missing “Or Something”,
——RM
He might be right as the tech giants always get caught in the what have you done for me lately trap. What is trendy today dies off real quick.
Well, when I came home from school my head started to get really hot. So I drank some cold water, but it didn’t do nothing. So I laid in the bathtub for a while, but then I realized that it was my hair that was making my head hot. So I went into my kitchen and I shaved it all off. I don’t want anyone to see.
Where does CNBC find these idiots?
Their news is Iike a comedy hour!
Pedro needs to lay off the crack pipe.
well we all know where he will be- unemployed
What this guy seems to be saying is ‘I have no idea what is happening in the tech market, just can’t predict, who the hell knows cos I don’t, it’s just too difficult for me, beyond my intellect, I mean even a company that dominates like Apple could go belly up for all I know, it’s just hopeless of me a total no nothing analyst with half a brain (even if that’s more than most) trying to guess. I need a holiday and a pay rise.’
Managing partner of a hedge fund. Anyone who listens to ANYTHING such a useless twat has to say deserves the results they get. Such people are nothing more than scam artists, con men, liars, cheats, thieves, general scum.
These two guys are stupid. They are the ones that is going to be obsolete.
Hit fodder for his website.
So how many multi-billion global enterprises have you successfully been the CEO of?
Though so… ZERO.
Now go back in your cave, Troll.
Hey, Pedro! Surf’s up, dude!
Alright class, I’m glad to see all of you here for your “Becoming an Analyst 101”. Now the first thing you need to learn, and please write this down so you have it memorized for the rest of your careers is the word COULD. Here let me write it on the blackboard for you, we don’t want any misspellings. It will be THE most important tool you will ever acquire. It will give you unlimited power to invoke your keen insights and powers of deduction on whatever subject you desire. People will be hanging on your every word and you will know no boundaries. That is all for today.
Oh, just one more thing. I could be wrong. Now you may go.
Analyst can be obsolete in 3-5 years, replaced by first graders with imagination.