Apple Well Positioned to Offer Crypto Trading — Analyst Says Company Should H...
Apple Inc. is well positioned to offer cryptocurrency trading, according to an analyst with global investment bank RBC Capital Markets. Not only will Apple gain instant market share in the crypto space, but the move could also generate the Iphone maker well over $40 billion in annual revenue. In addition, the analyst says that Apple should follow Tesla’s example and add bitcoin to its balance sheet. Analyst Says Apple to Benefit From Offering Crypto Trading, Should Add Bitcoin to Treasury RBC Capital Markets analyst Mitch Steves believes that Apple Inc. has a “clear....
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Apple Computer is currently the most valuable company in the world, thanks to the brand’s dominance in the smartphone space. But could the Cupertino giant also be considering entering crypto in some way? A new job posting suggests that Apple could be increasingly becoming interested in cryptocurrencies. However, this doesn’t mean that the tech company […]
A new analyst report from the Royal Bank of Canada thinks that with a small investment Apple could disrupt the crypto exchange place and pay for it by buying bitcoin.
Apple is currently the second largest company by market cap behind Microsoft, with Cook personally worth more than $1 billion. Apple chief executive officer Tim Cook said he owns some crypto as "part of a diversified portfolio," but is not planning for the tech company to follow Tesla’s example by investing in Bitcoin or other tokens.Speaking at the New York Times’ DealBook Online Summit on Nov. 9, Cook said he would not use the company’s roughly $200 billion in cash on hand to invest in cryptocurrencies. He also did not intend to accept crypto as a means of a payment for Apple products....
Apple’s App Store policies, according to Brian Armstrong, CEO of Coinbase, have impeded the company’s product plan. He blamed Apple for prohibiting features from their app and overall being unfriendly to the crypto business. Brian Armstrong Bashes Apple On a recent episode of the Superstream Podcast, Coinbase’s CEO and co-founder Brian Armstrong chastised Apple for […]
Apple computer's return from ashes in 1997 began in the public's mind with one wildly successful ad campaign: "Think Different". The story for how the ad campaign came together can be found on forbes.com. Back then, the hemorrhaging Apple Computer Corporation desperately hired back Steve Jobs, who led the company back from the ashes in spectacular fashion. The Apple PCs were then perceived as toys. Yet he established them as a counter-culture revolution. To be taken seriously by business and the public, it needed respect. It needed to show to the world how it was...different. It was an....