Noster Capital Takes Aim At Technology Companies

In all fairness to Pedro De Noronha of Noster Capital, his comment (video below) on Apple Inc. (NASDAQ:AAPL), which went viral last week, appears to have been blown out of context. He stated on a CNBC interview that Apple could be rendered obsolete in 2-3 years.

In my view, his opinion was likely centered on the susceptibility of the products of companies such as Apple to be snuffed out by the advent of a new and innovative technology (think Friendster, MySpace, Altavista, film cameras, VHS recorders) or litigation (Napster).

Noster Capital - Nobody...

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