“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.
Where is Pedro original coming from as he has an accent, I wonder?.
I guess he wants Apple to reveal its confidential plans to him. Much of this industry relies on “insider information” which is gained by wining and dining corporates. It must gall that Apple refuse to play this game.
Pedro addressed to the wrong company, he should say Amazon would be obsoleted in 3 months because it missed three consecutive estimates. Pedro just wanted to be infamous for being an idiot.
Arjun Kharpal who reports for CNBC makes me cackle with laughter. 😆
HEY ARJUN!
Q: Who else is actually innovating in the consumer tech sector?
A: No one. Everyone else follows Apple. So much for ‘competition’.
So why not call DOOM on the entire tech sector and move to Greenland?
OR: Take your FUD back home, out of public sight, where no one has to look at the monstrosity.
…I hate it what I do that. Yes, running on empty coffee cup.
Apologies Arjun! Thank you for letting us know about the real FUD-Dummy:
Pedro de Noronha who is managing partner at hedge fund Noster Capital.
HEY PEDRO!… (o_O)
TechTard AnalCysts are forever.
Apple Death Knell Counter
Paid for by samsung
Easy fix, divest in Noster Capital for voicing such insipid stupidity. Divest rince repeat.
Apple is going to be obsolete in three years? How is that even possible? Allow me to explain why you are so wrong.
When something becomes obsolete, it means that is is out of date, no longer used, or unconventional. For something to be obsolete, it has do the following:
1. Stop improving
2. Fall behind the rest of technology
3. Lose all of its users
4. Become unprofitable and go out of production
So, you’re telling me that Apple has not done anything new lately. Well, the reality is that they’ve done everything new lately. A new public Beta program. A completely revamped version of their desktop OS, and iOS. The iPad air, which is lighter and smaller, and yet more powerful and equally advanced in its display. And finally, the iPhone 5S, with its new TouchID sensor.
All of this, and you can say that Apple will be obsolete in three years?
Dear Pedro: Please start thinking straight, or you, not Apple, will be obsolete in a matter of weeks.
Ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha !