Monday, November 12, 2012

Who?s Vulnerable Among the Internet?s ?Fantastic Four?? Techonomy Panelists Say It?s Apple And Facebook

Techonomy_Logo_Alt2Most of the discussion about "the Internet's Fantastic Four" at the Techonomy conference this afternoon focused on the ways Amazon, Apple, Facebook, and Google have come to dominate the online landscape. But the panelists were also asked to identify which of the companies seemed particularly vulnerable. Alec Ellison, chairman of technology investment banking at Jefferies & Company, offered what was perhaps the most surprising answer (at least if you're looking at market capitalization) ? Apple. Ellison said that Jeffries is "bullish" on all four companies, but even before the vulnerability question came up, he criticized Apple, saying that of the group, Apple has the least "stickiness" with consumers. In other words, Apple has to continue rolling out cool new products if it wants to keep its lead. Meanwhile, it would be much harder for a competitor to unseat Amazon, Facebook, or Google, even they don't offer any new innovations.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/YSooxVoXN_g/

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