Categories
Finance iOS News Software

Apple Pay fans tears down CurrentC’s App Store rating, MCX suggests possible switch to NFC technology

The most recent volley in the NFC payment war between Apple Pay and the MCX consortium’s CurrentC mobile payment service has been fired. And it has a lot to do with app reviews. Per 9to5Mac, a number of users have expressed their displeasure with the CurrentC app, at the time of writing, the app having […]

Categories
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 […]

Categories
Finance News

Apple posts Q4 2014 results, reports profit of $8.5 billion

Apple’s fourth quarter revenues came in today and they’re everything investors could have asked for The Company posted quarterly revenue of US$42.1 billion and quarterly net profit of $8.5 billion. These results compare to revenue of $37.5 billion and net profit of $7.5 billion, or $1.18 per diluted share, in the year-ago quarter. Appleā€™s board […]

Categories
News

Apple taps Steve Dowling as interim vice president of worldwide communications

It’s been a six month search, but Apple appears to have succeeded Katie Cotton with a new VP of worldwide communications. The new hire comes in the form of Steve Dowling, who, according to re/code, was tapped as interim head of public relations last week by CEO Tim Cook, who has been looking to put […]

Categories
retail Rumor Uncategorized

Rumor: PayPal excluded from Apple Pay service providers due to relationship with Samsung

It’s inevitable: competition and past legal strife creates some awkward scenarios. Per The Unofficial Apple Weblog and BankInnovation, PayPal was conspicuously absent from Apple’s list of secured partnerships when Apple Pay was announced in September. Now comes word that PayPal was initially part of Apple’s vision of Apple Pay, but that negotiations fell apart due […]