Apple CEO Tim Cook sees ‘nice potential’ within the metaverse

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Apple CEO Tim Cook mentioned the corporate sees “a lot of potential” within the metaverse and is investing within the expertise. Cook was talking on the corporate’s earnings for the primary quarter of 2022.

When Cook was requested concerning the Metaverse, he mentioned, as quoted by AppleInsider, “We are a company in the business of innovation and we have over 14,000 AR apps in the App Store”. It needs to be famous that Cook by no means used the phrase “metaverse” in his reply. Cook additionally highlighted that Apple has elevated its spending on analysis and growth. “There’s a lot of investment going into things that aren’t in the market right now,” Cook instructed traders and analysts.

For these not beginning out, the metaverse is definitely being seen as a brand new world order the place your providers could be provided nearly in trade for different digital belongings, or cryptocurrencies. The approach to have a look at it’s that your existence will likely be related to the digital world in a really deep, complicated approach. On one degree it does sound dystopic and most examples in widespread fiction the place the digital and bodily worlds have merged reside to that picture.

It seems like Apple has been pushing mainstream AR experiences ever because the addition of LiDAR to the iPad Pro and iPhone 12 Pro. It can be rumored that Apple is engaged on a VR headset that might be launched in 2022. This headset will permit folks to work together with the metaverse.

Earlier, in November 2020, Apple CEO Tim Cook revealed that he’s a crypto investor and holds digital cash. Cook was responding to Andrew Ross Sorkin, who’s internet hosting a two-day on-line summit for the New York Times. Apple CEO shares his ideas on the new matter of cryptocurrencies like bitcoin. However, Cook quickly rejected the concept of ​​accepting cryptocurrencies via Apple Pay. He defined that Apple is “looking into” crypto, however has no plans to launch such performance in Apple Pay.

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With inputs from TheIndianEXPRESS

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