The Economist Predicts Apple Will Last 100 Years

The Economist looks at which of today's technology giants might still be around a century after their founding. Their conclusion: Apple, Amazon and Facebook look like good long-term bets. Dell, Cisco and Microsoft do not.

Here's what they have to say about Apple:


The most obvious example is Apple (founded in 1976). Like IBM, it had a near-death experience in the 1990s, and it is dangerously dependent on its founder, Steve Jobs. But it has a powerful organising idea: take the latest technology, package it in a simple, elegant form and sell it at a premium price. Apple has done this with personal computers, music players, smartphones and tablet computers, and is now moving into cloud-based services (see article). Each time it has grabbed an existing technology and produced an easier-to-use and prettier version than anyone else. This approach can be applied to whatever technology is flavour of the month: Apple has already shifted from PCs to mobile devices.

Read More [via CultofMac]



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