Type to search

Apple Boss Joins Crypto Bandwagon: The Times

Chief executive Tim Cook says digital currencies are “reasonable to own” as part of a diversified portfolio


Tim Cook
Tim Cook, centre, shakes hands with Xi Jinping, China's president,  during a gathering at Microsoft's main campus in Redmond, Washington, in 2015. Photo: AFP

 

Tim Cook, Apple’s chief executive, has personally invested in cryptocurrencies, The Times of London reported.

He told the DealBook Online Summit that it was “reasonable to own it as part of a diversified portfolio”, quickly adding that he wasn’t giving investment advice.

Cook said he has done “some research” on crypto and has been interested in it for “a while.” The typically volatile bitcoin has hit record prices against the US dollar this week.

Read the full report: The Times

 

READ MORE:

South Korea Targets Apple Over New App Store Regulation

Google Slashes India Fees, Intensifying Pressure on Apple

 

 

George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.

logo

AF China Bond