Venture capitalist Peter Thiel has recently remarked that the era of Apple is soon going to end. He has emerged to be a supporter of Donald Trump and came into light since then. He made all kind of observations about life, the universe and everything in his recent interview with New York Times.
Is Peter Thiel Correct?
The Interview was published in the popular New York Times segment "confirm or deny" by Maureen Dowd. A quick "Question and Answer" was delivered from both the sides on various topics. Maureen Dowd asked "Is the age of Apple over?" Peter Thiel "Confirm. We know what a smartphone looks like and does. It's not the fault of Tim Cook, but it's not an era where there will be any more innovations". The fact that how much impact does Apple has on society, its ability to facilitate change and its future is totally dependent on iPhone which cannot be denied. So if to look over Thiel's statement it is somewhat correct.
What Could Be the Possible Cause?
Recent Apple celebrated its 10th anniversary of iPhone unveiling at Macworld 2007. The company gave some amazing part to the world of technology and brought such totally unique and amazing innovations in all these years. Apple iPhone sales continue to grow at a large scale for almost 10 years now. The smartphone covers a major part of company's revenue. Apple moved about 51.2 million iPhones in the second quarter of 2016, which pushed the revenue to about $50.6 billion. The company showed a disappointing performance last year but somewhat stabilized slowly.
Apple is soon to launch its new iPhone with redesigned features and edge-to-edge OLED display and some other amazing features. Now, all would depend on future aspects and on what Apple would bring to its users and fans. Only the future would decide whether Thiel is right about his observation or Apple would have something new waiting to get back on track.