[Disrupt NY 2014] Fred Wilson: Obsession in Hardware May Lead to Fail of Apple, But Chinese Firms are Exceptions

Fred Wilson (L) and Michael Arrington (R)

Fred Wilson, founder of Union Square Ventures and one of the first investors of Kickstarter, recently took the stage at TechCrunch’s Disrupt NY with TC chief editor Michael Arrington to share their ideas of startup scene. Wilson also made some interesting comments on Chinese hardware sector in a backstage interview with TechNode.

When Arrington asked him to predict the future of Internet companies, Wilson said that Apple wouldn’t be one of the top companies by 2020 because it is too rooted in hardware, which is increasingly to become commodity. Apple devices is reaching a saturation point in western market and it can take years before customers to upgrade their existing devices. Apple will maintain its dominance in the near future, but it is hard to predict in the long term. He thinks Google Glass got the right direction but failed at implementation.

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