Apps, app stores and Apple could cause the demise of the cable industry

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Benedict Evans, a veteran mobile industry analyst turned venture capitalist, tweeted a chart  on September 3, 2015, showing how traditional TV is losing its share of screen to smartphones and tablets. While Evans’ chart was not the first chart to alarm the cable industry, its timing was particularly interesting, as it came exactly a week before Apple’s major update of its Apple TV hardware. In fact, many financial and industry analysts have predicted the demise of the cable industry since rumors of a new Apple TV hardware or an Apple over-the-top streaming service emerged earlier this year.

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