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</html><description>Highly successful tech venture capitalist Fred Wilson created some waves last week when he predicted Apple wouldn&#x2019;t be among the top three most important tech companies in the world by 2020. Speaking at a conference in New York City, he said he envisions Google, Facebook and &#x201C;one that we&#x2019;ve never heard of&#x201D; making up that triumvirate. Why would his dismiss the current largest tech company in the world (Apple&#x2019;s first quarter revenues of $43.7 billion was more than Google, Facebook and &lt;insert name of any company you&#x2019;ve never heard of here&gt; combined). According to a TechCrunch article, he said Apple is &#x201C;too rooted in hardware&#x201D; and not sufficiently tied into the cloud. &#x201C;I think hardware is increasingly becoming a commodity,&#x201D; he said. &#x201C;Their stuff in the cloud is largely not good. I don&#x2019;t think they think about data and the cloud.&#x201D; Of course, Wilson &#x2013; who has backed huge success stories like Twitter and Tumblr &#x2013; has been wrong about Apple before. As CNN Money points out, he dumped all of his Apple stock at $91.36 per share in January 2009. The day of his comments at the TechCrunch Disrupt conference, Apple closed at $600.96. (Note: Wilson said he sold...</description><thumbnail_url>https://otava.test/wp-content/uploads/2019/04/apple.jpg</thumbnail_url></oembed>
