Despite Apple Inc. (NASDAQ:AAPL)’s immense successes, not everyone see’s a bright future for the world’s most valuable company.

TechCrunch reported that during a recent government-sponsored event in London, Elon Musk (founder of Tesla and Space X) shared his thoughts on why he thought Apple Inc. (NASDAQ:AAPL) would eventually lose out to Google Inc (NASDAQ:GOOG) in the smartphone business. He said, “it really makes a difference who runs the company. (Google CEO) Larry Page is quite good and probably in the long run will come out on top.”

Apple logo

He’s not the only one with doubts about the capabilities of current Apple Inc. (NASDAQ:AAPL) CEO Tim Cook. The company’s co-founder, Steve Wozniak, recently said that he was worried about Apple and that he thought they were falling behind. He said, “If they’re making strides in this voice recognition area, I fear that Microsoft Corporation (NASDAQ:MSFT) might have been sitting in their labs trying to innovate. Apple was just used to cranking out the newest iPhone and falling a little behind and that worries me greatly. It worries me because I love Apple. It worries me if Apple Inc. (NASDAQ:AAPL) were to lose ground because they were making the same things they know how to make.”

Although Cook has made a few missteps with the company since he took the chief executive officer role last year, one has to admit that he had some pretty big shoes to fill. Steve Jobs was the visionaire behind their most popular products, like the iPhone and iPad. He invented the products that would change technology and create new ways for people to utilize technology in their everyday lives.

I still think that Cook has a lot to do and I think he’ll prove in time that he’s beneficial to the company. I think Cook will take Apple Inc. (NASDAQ:AAPL) to new places and introduce new products that will elevate the company even further.