#AppleCryptoUpdate Apple remains cautious about cryptocurrency integration, despite CEO Tim Cook's personal investment in digital assets. While Cook views crypto as a reasonable part of a diversified portfolio, he emphasizes that Apple has no immediate plans to incorporate crypto features into its services, such as Apple Pay .(The Times of India, Bloomberg)
Analysts suggest that Apple could significantly benefit from entering the crypto market. For instance, RBC Capital Markets estimates that adding cryptocurrency services to the Apple Wallet could boost the company's stock by 25% and generate over $40 billion annually in revenue .(AppleInsider)