'Apple is in big trouble,' tech expert holding an iPhone says
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Apple might be the second-largest company in the world with a market cap of over $300 billion, but if you take the words of NBC's Today Show Gear and Technology editor, Paul Hochman, it's in serious trouble.
Hochman, holding an iPhone, spoke at the Forward with Ford Futuring and Trends Conference:
"Apple’s in big trouble. They’re sitting on piles of cash, but they are sitting on a closed system. In biology, in history, a closed system never survives."
source: Pocket-lint
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