Peter Thiel says the age of Apple is over
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Neilson Barnard/Getty Images for New York Times
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Here's what he said in a Q&A with Maureen Dowd of The New York Times when he was asked to confirm or deny that "the age of Apple is over.":
"Confirm. We know what a smartphone looks like and does. It's not the fault of Tim Cook, but it's not an area where there will be any more innovation."
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Thiel is most famous in Silicon Valley for his early investment in Facebook. He also sits on Facebooks board and was the co-founder of the secretive data analytics company Palantir.
Apple did have a disappointing 2016 by the company's standards, with iPhone sales falling for the first time ever.
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