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Finance News retail

Apple making progress in forming alliance between Apple Pay and Alibab’s Alipay in Chinese marketplace

While Apple may be spinning its wheels arguing with MCX and getting Apple Pay supported by assorted U.S. retailers stuck in their MCX/CurrentC contracts, it seems to be doing ok opening Apple Pay up in the Asian marketplace. According to AppleInsider and the Wall Street Journal, after officials from both Apple and Alibaba publicly expressed […]

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iOS iPhone News retail

CurrentC exclusivity contract at MCX merchants to expire in matter of months

The conflict between MCX’s CurrentC and Apple Pay may be short lived, as an exclusivity agreement that has caused some merchants involved in the MCX consortium — notably drug store chain CVS — to abruptly pull support for NFC-based payment systems, including Apple Pay and Google Wallet, is set to expire in “months,” according to […]

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Hardware Rumor Wearables

Apple retail exec Ahrendts indicates “spring” launch date for Apple Watch

The latest word is that the Apple Watch will launch next spring. Per 9to5Mac, Apple Senior Vice President of Retail and Online Stores Angela Ahrendts, stated the device’s release timeframe to retail employees in a video message, a transcript of which was provided by a source. While explaining that employees need to conserve energy for […]

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Finance iOS iPhone News

Apple CEO Tim Cook cites over one million Apple Pay subscriptions in first 72 hours

Apple may have gotten a pretty quick leg up in the NFC market. Per AppleInsider and the Wall Street Journal, Apple CEO Tim Cook, in a recent interview today, stated that Apple Pay received more than one million registrations within the first 72 hours. “The early ramp [of Apple Pay] looks fantastic,” Cook said in […]

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Finance iPad News

Apple replies to negative commentary over iPad sales, states that market “isn’t saturated”

Apple posted great numbers across the board in yesterday’s fourth quarter financial statement, but there may be concerns about the iPad’s growth. Per AppleInsider, Apple’s chief executive Tim Cook explained why he remains “very bullish” about iPads de spite the tablet’s sales not maintaining the growth rates of iPhones or Macs in every region. In […]