Which tech giant will be the market leader and which one will fade into obscurity by 2050?
Find out below.
It’s tempting to say Facebook is on the decline, but the truth is it’s just getting started. Not only are WhatsApp‘s figures at an all-time high – 500 million daily users – but Zuckerberg is the face of opening up internet borders. Getting India online will be a massive step forward. Of course, Oculus is set to keep them at the forefront of technology too.
Branching out is necessary for them to stay current, and talk of an autonomous patent is a positive step forward. Any company that’s part of a $7tn industry won’t be far from the top of the tree. Also, Warren Buffett believes the company has a “moat” around its walls. Essentially, it’s a competitive advantage to maintain their market share, proven by the loyalty Apple users invest in their products. $1,000 for a cell is a lot, yet it’s their best-selling device since Nov 2018.
Tesla has skin the game throughout the automotive industry. As well as the fact that Tesla is a leader in autonomous vehicles, the business also leads the way in electric cars. Put both together its current position should be much stronger in 25 years.
The one tech giant in trouble looks to be Amazon. As soon as Bezos became the richest man in history, the stock plummeted. In Feb 2019, the company’s stock took a hit of 21% and hasn’t recovered fully as it’s 36% down on its all-time intraday high. The law of large numbers and declining growth mean this tech giant will need to target new markets in the future.
Thanks to a diversified portfolio, Facebook owner Mark Zuckerberg looks to be in the healthiest position.
Ajay Rathod
Hi!! I am Ajay, and I’m a passionate blogger who loves to write about a variety of topics. I’m always eager to explore new ideas and share my thoughts with others.