Apple on Metaverse: We See a Lot of Potential and Are Investing — CEO Tim Cook Says 'It's Very Interesting to Us'
metaverse

Apple on Metaverse: We See a Lot of Potential and Are Investing — CEO Tim Cook Says 'It's Very Interesting to Us'

THELOGICALINDIAN - Apple CEO Tim Cook says the metaverse has a lot of abeyant and his aggregation is advance appropriately Its actual absorbing to us he acclaimed Global investments banks Morgan Stanley and Goldman Sachs accept predicted that the metaverse could be an 8 abundance opportunity

Apple Sees a Lot of Potential in the Metaverse, Says CEO Tim Cook

Apple Inc. answered a catechism about the metaverse during its Q1 2022 balance alarm aftermost week. CEO Tim Cook was asked, “How are you cerebration about the metaverse befalling and Apple’s role in that market?”

“We’re a aggregation in the business of innovation,” the Apple CEO replied. “So we’re consistently exploring new and arising technologies. And I’ve announced at breadth about how this breadth is actual absorbing to us.”

Cook elaborated, “Right now, we accept over 14,000 ARKit apps in the App Store, which accommodate absurd AR [augmented reality] adventures for millions of bodies today,” emphasizing:

Several bodies accept estimated the abeyant admeasurement of the metaverse to be multitrillion dollars. Global advance banks Goldman Sachs and Morgan Stanley accept estimated the metaverse to be an $8 abundance bazaar opportunity.

In December, Bank of America’s strategist, Haim Israel, said that the metaverse is a massive befalling area cryptocurrencies will be broadly acclimated as currencies. “I absolutely accept this is a massive, massive opportunity,” he opined.

Do you anticipate the metaverse has a lot of potential? Let us apperceive in the comments area below.

Image Credits: Shutterstock, Pixabay, Wiki Commons