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Tim Cook says Apple sees metaverse potential, is 'investing accordingly'

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Apple CEO Tim Cook said that the company sees a lot of potential in the metaverse, which he related to the company's current AR/VR endeavors, and added that the company is investing in the space. Leaks and rumors point to Apple taking on a major role in the virtual reality future dubbed "metaverse" by some. During an Apple earnings call, Apple's CEO Tim Cook confirmed that the company is interested in this development and is already invested with a commitment to augmented reality. Specifically, Cook said that "we're a company in the business of innovation," and "we have over 14,000 AR apps in the App Store" when asked about the metaverse. This response has been the general go-to for the CEO when pressed about AR/VR or other items in that realm. However, Cook added that Apple sees "a lot of potential" in the space and is "investing accordingly." Notably, cook never said the word "metaverse" in his answer. The metave...