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Most Apple rumours don't even have a grain of truth, why start screaming around like lunatics that Apple feels threatened? Apple made six times more profit in Q
by nwh 13y ago
Most Apple rumours don't even have a grain of truth, why start screaming around like lunatics that Apple feels threatened? Apple made six times more profit in Q4 of last year[0] than the Bitcoin total market cap[1][2], it's not even on the radar if they were making their own payment system.
They don't want sketchy looking payment apps on their storep, that's fairly easy to understand. It's behaviour like this post that makes the Bitcoin community even more hostile for companies to even consider approaching.
[0]: http://www.apple.com/pr/library/2013/10/28Apple-Reports-Fourth-Quarter-Results.html http://www.apple.com/pr/library/2013/10/28Apple-Reports-Four...
[1]: The "market cap" is misleading in this circumstance anyway, you could probably only sell a few million dollars of the stuff before the market completely bottomed out and panic ensued that it never rose up again. There's very little liquidity and a lot of weak hands.
[2]: http://coinmarketcap.com/ http://coinmarketcap.com/