Facebook Inc (NASDAQ:FB), Apple Inc. (NASDAQ:AAPL), and Google Inc (NASDAQ:GOOGL) are even though classified as tech stocks, they are way too different from each other. All the three companies have different business models and cater services and products that barring a few exceptions are different from each other. So who among Facebook Inc (NASDAQ:FB), Apple Inc. (NASDAQ:AAPL), and Google Inc (NASDAQ:GOOGL) has the potential to survive for the longest time? And better still who among them can become too powerful, so as to stifle innovation? Peter Thiel, Co-Founder of Plantir was on Bloomberg recently to answer all these questions.
According to Thiel, no one among Facebook Inc (NASDAQ:FB), Apple Inc. (NASDAQ:AAPL), and Google Inc (NASDAQ:GOOGL) can become so powerful that they will stifle innovations as in the technology space it has never happened before, because there always has been enough innovations to keep things going. He feels that each one of these companies has great business model, so as to keep them dominant for a while but he doesn’t believe that these companies will always be dominant in their respective businesses.
“ It’s always difficult to judge this, but if I had to pick one, I do tend to think of Google as the one that is on an incredible arc at this point of time […] I think their core search monopoly is very powerful and they are trying to extend it into all these other areas. I’ll say Google is probably the one to watch,” Thiel said.
As of June 30, 2014, Carl Icahn‘s Icahn Capital LP owns over 52 million shares in Apple Inc. (NASDAQ:AAPL), Ken Fisher‘s Fisher Asset Management owns over 700,000 shares in Google Inc (NASDAQ:GOOGL) and Philippe Laffont‘s Coatue Management owns over 5.8 million shares in Facebook Inc (NASDAQ:FB).
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