Highlights:
- Cryptocurrency craze is everywhere right now
- Apple CEO Tim Cook has also invested
- Information provided during the online conference
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In a taped interview, Cook told Sorkin, “I think it’s suitable as part of a diversified portfolio,” and I wouldn’t advise anyone to invest.
Cook said he has been interested in cryptocurrency for some time and has been doing research on the topic. He clarified that Apple Pay has no immediate plans to start such a process.
Unlike Tesla, Apple has no plans to invest in cryptocurrency as a company. We believe that AAPL shareholders are not buying AAPL shares for exposure to cryptocurrency. Apple has no immediate plans to adopt cryptocurrency for the products. He also said that NFTs (Non-Foldable Tokens) are an interesting part of the cryptocurrency world. Meta Platforms Inc. When Cook was asked about his payment, he said that augmented reality is Apple’s main technology.
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