Peter Thiel says the age of Apple is over
Advertisement
Neilson Barnard/Getty Images for New York Times
Advertisement
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."
Complimentary Tech Event
Transform talent with learning that works
Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More
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.
Advertisement
Advertisement
- RBI Governor Das discusses ways to scale up UPI ecosystem with stakeholders
- People find ChatGPT to have a better moral compass than real humans, study reveals
- TVS Motor Company net profit rises 15% to ₹387 crore in March quarter
- Canara Bank Q4 profit rises 18% to ₹3,757 crore
- Indegene IPO allotment – How to check allotment, GMP, listing date and more