Apple might have to raise prices on some of its products due to President Donald Trump’s latest proposals to charge a 10 percent tariff on Chinese imports. consumers might be paying more for products — such as Apple Watch, AirPods earphones and HomePod speakers — if Apple has to compensate for higher duties on the Chinese-made products. and China” as one of the “greatest risks” to Apple’s share price in the months leading up to the new iPhone in September. MORE
New data shows that in the third quarter of 2018, Apple ’s App Store came out on top in a big way, earning nearly 93 percent more app revenue than Google Play. Apple app downloads App Revenue App Store google play mobile apps News What's Hot MORE
Mobile payment platform for Apple users, Apple Pay is now available in Brazil thanks to a partnership with the country’s biggest private lender, Itaú Unibanco Holding SA, the company announced today. Exclusive Mobile Payments Apple Pay Mobile Payments P2P payments MORE
Apple Pay Reportedly Feels Some Merchant Love. The team at Piper Jaffray published some good news on Apple Pay. According to its survey of 507 vendors of merchant processing systems, Apple Pay is the most requested mobile digital payments service among retailers. MORE
In order to remain Safari’s default search engine, Google reportedly has an arrangement with Apple. Neither Apple nor Google have publicly discussed such a tie-up, but Analyst Rod Hall claims the search engine platform could end up paying Apple nearly $9 billion this year. Currently, Google is the default search engine for Apple’s iOS version of Safari. And Hall notes that “Apple is one of the biggest channels of traffic acquisition for Google.”. MORE
A study of 1,000 Chinese consumers indicates that for the first time, local maker Huawei has edged out Apple for being the number one smartphone consumers are preparing to purchase. in China, Apple is having overall performance issues as all new models are underperforming past launches. MORE
Such was the the weather, so to speak, at Apple’s annual device rollout event. There were advances, a few interesting upgrades, a plethora of inspirational videos about the historical implications of the forthcoming class of Apple products and a lot of enthusiasm on the part of the Apple team. These are Apple’s $1,000 phones of 2018: the XS will start at $999; the XS Max will start at $1,099. Apple Apple Watch iPhone New Products News siri Technology MORE
Apple wants people to lose their wallets. These 36 merchants all accept Apple Pay, and all will be offering exclusive discounts over the weekend – between 10 percent and 25 percent off – for customers using the mobile payment service. Square will be opening additional pop-up shops along Hayes Street and the Marina to offer even more exclusive Apple Pay offers. But Apple is optimistic. But in a good way. MORE
FBI Director Christopher Wray had this to say about recent allegations that spy chips from China had been placed into servers owned by tech giants such as Apple and Amazon : “Be careful what you read.”. Apple never had any contact with the FBI or any other agency about such an incident. MORE
Apple led the charge in the wearable band market during the first quarter of this year, with Canalys finding that the company shipped 3.8 million Apple Watches during the first three months of the year. Behind Apple, Xiaomi , which makes the Mi Bands, was in second place, shipping 3.7 Canalys noted that Apple Watch shipments matched the volume from the first quarter of last year. Apple represents 59 percent of the total cellular-enabled smartwatch market. MORE
Then got my answer, although it isn’t a singular factor but a combination … The post Apple Pray: why has Apple Pay failed? I was talking the other day to a colleague about the phenomenon in Asia, India, Africa and South America taking place with mobile payments and the lack of take-up in the USA. Why is this, I wondered? appeared first on Chris Skinner's blog. Fintech Grid Innovation Opinion Payments Technology MORE
Recent changes to how Apple deals with the NFC chip in the iPhone and Apple Watch presents a world of opportunities MORE
Driven by demand for the iPhone X, Apple captured 51 percent of the revenue in the world’s wholesale smartphone market. Apple’s global wholesale smartphone revenue reached $61.4 Manufacturers other than Apple, Huawei and Samsung took in a combined $31.5 With higher smartphone prices, Apple may have seen a boost to its top-line revenue. Apple sold a total of 77.3 Kuo also predicted that Apple will stop producing the premium model in 2018. MORE
Apple is reportedly gearing up to allow third-party developers to get full access to the Near-Field Communications (NFC) chip in the iPhone with iOS 12. Citing The Information, 9to5Mac reported that Apple is aiming for the iPhone to be used for more digital payments and other interactions, such as opening hotel room doors or as a virtual transit card for easier access to transportation. In June of 2017, Apple took steps to open up its NFC chip. MORE
Apple iPhone Demand Slumping i n China; Could Hurt Results. Still, his forecast for third-quarter sales at Apple predicts a decline of 15 percent on a year-over-year basis. Welcome to Five at Five, your late look at the day’s payments and commerce news. MORE
Jet , the online retailer owned by Walmart , announced Wednesday (May 9) that it is now part of Apple ‘s authorized reseller program. According to a report in 9to5Toys , Jet becoming an authorized Apple reseller is huge for its online battle against Amazon. The source noted that Jet will be selling the full suite of Apple products while Amazon only sells a few products. Walmart has long been an authorized reseller of select iPhones, iPad, and Apple accessories. MORE
In what The Wall Street Journal described as a form of nagging, Apple is prompting users of its iPhone to enroll in Apple Pay, which has created a mixed reaction from the public. The prompts to enroll in Apple Pay are tied to the iPhone’s most recent operating system update, yet they’re subtle, reported the WSJ. Apple, it should be noted, hopes to bring its $29 billion Apple Pay business line to $40 billion by fiscal year 2020. MORE
A new survey has found that big retailers like Apple and Nike are losing favor in China, as consumers are showing a preference towards local brands. The survey also spells trouble for Apple, which counts China as its second biggest market. In fact, last year a study of 1,000 Chinese consumers indicated that for the first time Huawei has edged out Apple for being the number one smartphone consumers are preparing to purchase. MORE
As comes standard in many Apple quarterly earnings report, there was plenty of buzz to go around. The Apple Watch is the most beloved wearable in human history, the iPhone X is the best-selling iPhone on the market and Apple products, broadly, are bringing all of mankind together in love and harmony. But the biggest buzz came from Cook when speaking about Apple Pay and its rapid growth last quarter. billion transactions , two times that of Apple Pay. MORE
Apple, nearly a week after it emerged that some Apple IDs were stolen in China, apologized for the hacking, saying in a statement that it found “a small number of our users’ accounts” had been accessed via a phishing scam, reported The Wall Street Journal. MORE
The data revealed that music services such as Spotify , Apple Music and Pandora are picking up a larger share of music consumption, and that an estimated 14 percent of the U.S. population now owns a smart speaker such as Google Home, Apple HomePod and Amazon Echo. MORE
News came Thursday (May 10) that Apple and Goldman Sachs Group are in the midst of bringing a joint credit card to market. In terms of details, noted The Wall Street Journal , the card would be issued under the Apple Pay designation and may come to market early next year. The move by Goldman and Apple has a cross-pollination effect of sorts. In an example of that momentum, in Apple’s latest earnings report, in early May, the company said it sold 2.9 MORE
Apple had been holding discussions with some of the largest newspapers in the country about adding their content to its magazine app Texture , which it acquired in March. According to a report in Recode , citing people familiar with the conversations, Apple executives, led by the company’s content boss Eddy Cue, held talks with The New York Times , The Wall Street Journal and The Washington Post about coming on board with the app. MORE
As global smartwatch shipments grew by 37 percent year-over-year in the second quarter, Apple has maintained dominance in the category with a 41 percent market share. Back in Q4 2017, Apple stepped up its strategy in the smartwatch segment by enhancing the features of smartwatches into broad-based functionalities, including some health and fitness tracking capabilities,” Counterpoint Research Analyst Satyajit Sinha said in the release. MORE
Alipay , the mobile payment app, said Wednesday (October 10) that hackers stole money from accounts via stolen Apple IDs. In a post on its Toutiao social media account, Reuters reported it said users who linked their accounts via Apple IDs should lower their transaction limits. MORE
Bank of America Merrill Lynch was pounding the table on Apple Tuesday (Oct. According to a report in CNBC , citing a research note that Bank of America Merrill Lynch issued to clients, a global survey of smartphone users concluded there is strong enough demand that Apple could report earnings that beat expectations next year. What’s more, 70 percent of iPhone owners plan to remain with Apple when they are in the market for a new device. MORE
Apple and Salesforce announced Monday (Sept. We’re excited to work with Salesforce and that their industry-leading [customer relationship management (CRM)] will embrace native iOS and deliver exclusive new features on iPhone and iPad,” said Tim Cook, Apple’s CEO, in a press release announcing the partnership. They are also working together to develop the first Salesforce mobile SDK that is optimized for Swift, Apple’s programming language. MORE
Apple just recently rolled out another new bit of functionality for the Apple Watch. The latest version of the Apple Store app for Apple watch now allows wearers to make purchases right from their smartwatches. As of now, purchases Apple Watch users can make are limited to lower priced items (meaning this excludes iMacs and most other Apple devices) and accessories that they had previously favorited on the Apple Store’s app for iPhone and iPad. MORE
Through a new Face ID setting, Apple ’s latest iOS 12 potentially allows more than one person to use the feature on a particular iPhone X. The news comes as Apple’s annual developer conference, WWDC , helped boost the company’s shares to an all-time high on Monday (June 4). As a result, Apple’s stock rose as much as 1.7 Apple announced several features and upgrades at the conference, including the new iOS 12 operating system. MORE
Apple has inked a deal with three universities in the U.S., enabling students to store their student IDs on their Apple devices. According to a report in CNBC , students at Duke University, University of Alabama and University of Oklahoma can store their student IDs on their iPhone or Apple Wallet. Apple initially announced the service in June at its annual developer conference. Apple released three phones, which watchers had been anticipating. MORE
Spektral, a computer vision company located in Denmark, was acquired by Apple for more than $30 million. Rumors that Apple was buying Spektral started surfacing earlier this week, with Danish financial newspaper Børsen reporting the deal has, in fact, happened. MORE
2), Apple was already having a pretty good week: Earnings came in strong , buoyed by big successes with services and subscriptions, and investors were mostly happy with what they saw. Instead, Apple brought back Steve Jobs. He wanted Apple to dream up things people couldn’t imagine.”. MORE
Thanks to a strong showing out of Apple’s services business during the June ending quarter, Wall Street is getting more bullish on Apple. According to a report in CNBC , the growth in Apple’s services business , which includes its App Store, Apple Music and iCloud, is boosting analysts’ — such as Bank of America’s Wamsi Mohan — views of Apple going forward. Bank of America reiterated its buy rating on Apple, pointing to growth in services. MORE
One analyst believes that Apple will ship 75-80 million new iPhones by the end of 2018. Last week, Apple unveiled three new iPhones, as expected. And, in the interest of “bringing [its] technology to as many people as possible,” Apple also unveiled the iPhone XR , which uses an LCD screen instead of an OLED. Apple said the XR is designed to offer the iPhone X experience on an LCD device, right down to things like haptic touch and face ID. MORE
Thanks to a decline in demand for Apple’s iPhones in China, Goldman Sachs is warning the iPhone maker could post earnings that disappoint. Still, his forecast for third-quarter sales at Apple predicts a decline of 15 percent on a year-over-year basis. MORE
Apple and Goldman Sachs Group are in the midst of bringing a joint Apple Pay-designated credit card to market. The news comes at a critical juncture in the product lifecycle of Apple Pay. But Apple Pay’s adoption “curve?” After nearly 40 months on the market, adoption of Apple Pay has been essentially flat. The percentage of smartphone users who used Apple Pay for their last transaction, at a place where they could have, has changed. MORE
Apple has announced a new initiative that will help its customers support and enjoy America’s national parks. 24 through 31, the company is donating $1 to the National Park Foundation for every purchase made with Apple Pay at any Apple Store, online at apple.com or through the Apple Store app in the U.S. Apple Watch users can also get in on the action. million Apple Watches during the first three months of the year. MORE
Apple became the first company trading in the U.S. According to a report in The Verge , shares jumped for two days in a strong showing in Apple’s third quarter, as the iPhone maker boosted its targets for the remainder of the year and surpassed Wall Street views for its fiscal third quarter. In early-morning trading on Thursday, Apple hit the $1 trillion in market cap when shares passed $207.05. Apple Apple Stocks market cap News stock market Wall Street What's Hot MORE
After a few weeks of hard speculation, the Apple Device event is finally happening. The focus for most viewers is the coming of the new iPhone — an expected outcome given the the flagship product remains the business’s cash engine, representing both about 66 percent of its revenue and the natural entry point to the Apple ecosystem. Apple released three phones, as expected, which watchers had been anticipating. MORE
Rumors are swirling that Apple is currently testing Apple Pay Cash internally using iOS 11.1 was released in beta to developers last week, but not everyone received Apple Pay Cash. The new service was announced at Apple’s Worldwide Developers Conference over the summer, but the feature wasn’t included when iOS 11 launched to the public last month. When users receive money, they can transfer it to a bank account or spend it using Apple Pay online or in retail stores. MORE
Months after Apple CEO Tim Cook said CVS would be accepting Apple Pay, the retailer has brought support for the mobile wallet to stores across the country. “Get your essentials in a flash,” Apple said in a marketing email, according to the outlet. MORE
Goldman Sachs is not impressed with Apple’s new line of smartphones that were unveiled on Wednesday (Sept. The firm also reiterated its neutral rating on shares of Apple. “Apple rolled out new iPhones as expected, but the new LCD ‘XR’ model was priced lower than we had thought likely. 12) Apple put all the rumors and speculation to bed by launching three new iPhones and a new version of the Apple Watch. MORE
When Apple comes out with earnings later this week, it is widely expected to report that its cash on hand has met and exceeded the quarter of a trillion dollars mark. Apple, if its free cash meets expectations, will have roughly doubled its holding in a little over 4.5 years — in the last quarter of last year Apple was reportedly bringing in about $3.6 soil would give Apple flexibility to do more capital returns — though what that might look like remains unknown. MORE
Apple is launching a portal that enables customers to find out what kind of data the company has kept on them. The new security features come as Apple looks to set itself apart as a company that makes money from selling hardware instead of targeted ads based on customer data. MORE
Apple Related Topics PYMNTS
OCTOBER 16, 2018
Apple, nearly a week after it emerged that some Apple IDs were stolen in China, apologized for the hacking, saying in a statement that it found “a small number of our users’ accounts” had been accessed via a phishing scam, reported The Wall Street Journal.
PYMNTS
OCTOBER 2, 2018
Apple has inked a deal with three universities in the U.S., enabling students to store their student IDs on their Apple devices. According to a report in CNBC , students at Duke University, University of Alabama and University of Oklahoma can store their student IDs on their iPhone or Apple Wallet. Apple initially announced the service in June at its annual developer conference. Apple released three phones, which watchers had been anticipating.
PYMNTS
OCTOBER 11, 2018
Alipay , the mobile payment app, said Wednesday (October 10) that hackers stole money from accounts via stolen Apple IDs. In a post on its Toutiao social media account, Reuters reported it said users who linked their accounts via Apple IDs should lower their transaction limits.
PYMNTS
OCTOBER 12, 2018
Months after Apple CEO Tim Cook said CVS would be accepting Apple Pay, the retailer has brought support for the mobile wallet to stores across the country. “Get your essentials in a flash,” Apple said in a marketing email, according to the outlet.
PYMNTS
OCTOBER 11, 2018
Spektral, a computer vision company located in Denmark, was acquired by Apple for more than $30 million. Rumors that Apple was buying Spektral started surfacing earlier this week, with Danish financial newspaper Børsen reporting the deal has, in fact, happened.
PYMNTS
OCTOBER 15, 2018
Thanks to a decline in demand for Apple’s iPhones in China, Goldman Sachs is warning the iPhone maker could post earnings that disappoint. Still, his forecast for third-quarter sales at Apple predicts a decline of 15 percent on a year-over-year basis.
PYMNTS
AUGUST 3, 2018
2), Apple was already having a pretty good week: Earnings came in strong , buoyed by big successes with services and subscriptions, and investors were mostly happy with what they saw. Instead, Apple brought back Steve Jobs. He wanted Apple to dream up things people couldn’t imagine.”.
PYMNTS
AUGUST 23, 2018
Apple has announced a new initiative that will help its customers support and enjoy America’s national parks. 24 through 31, the company is donating $1 to the National Park Foundation for every purchase made with Apple Pay at any Apple Store, online at apple.com or through the Apple Store app in the U.S. Apple Watch users can also get in on the action. million Apple Watches during the first three months of the year.
PYMNTS
OCTOBER 18, 2018
Apple is launching a portal that enables customers to find out what kind of data the company has kept on them. The new security features come as Apple looks to set itself apart as a company that makes money from selling hardware instead of targeted ads based on customer data.
PYMNTS
OCTOBER 9, 2018
Bank of America Merrill Lynch was pounding the table on Apple Tuesday (Oct. According to a report in CNBC , citing a research note that Bank of America Merrill Lynch issued to clients, a global survey of smartphone users concluded there is strong enough demand that Apple could report earnings that beat expectations next year. What’s more, 70 percent of iPhone owners plan to remain with Apple when they are in the market for a new device.
PYMNTS
SEPTEMBER 12, 2018
Such was the the weather, so to speak, at Apple’s annual device rollout event. There were advances, a few interesting upgrades, a plethora of inspirational videos about the historical implications of the forthcoming class of Apple products and a lot of enthusiasm on the part of the Apple team. These are Apple’s $1,000 phones of 2018: the XS will start at $999; the XS Max will start at $1,099. Apple Apple Watch iPhone New Products News siri Technology
PYMNTS
OCTOBER 15, 2018
Apple iPhone Demand Slumping i n China; Could Hurt Results. Still, his forecast for third-quarter sales at Apple predicts a decline of 15 percent on a year-over-year basis. Welcome to Five at Five, your late look at the day’s payments and commerce news.
PYMNTS
SEPTEMBER 12, 2018
After a few weeks of hard speculation, the Apple Device event is finally happening. The focus for most viewers is the coming of the new iPhone — an expected outcome given the the flagship product remains the business’s cash engine, representing both about 66 percent of its revenue and the natural entry point to the Apple ecosystem. Apple released three phones, as expected, which watchers had been anticipating.
PYMNTS
MAY 24, 2018
Apple led the charge in the wearable band market during the first quarter of this year, with Canalys finding that the company shipped 3.8 million Apple Watches during the first three months of the year. Behind Apple, Xiaomi , which makes the Mi Bands, was in second place, shipping 3.7 Canalys noted that Apple Watch shipments matched the volume from the first quarter of last year. Apple represents 59 percent of the total cellular-enabled smartwatch market.
PYMNTS
OCTOBER 9, 2018
The data revealed that music services such as Spotify , Apple Music and Pandora are picking up a larger share of music consumption, and that an estimated 14 percent of the U.S. population now owns a smart speaker such as Google Home, Apple HomePod and Amazon Echo.
PYMNTS
MAY 10, 2018
Jet , the online retailer owned by Walmart , announced Wednesday (May 9) that it is now part of Apple ‘s authorized reseller program. According to a report in 9to5Toys , Jet becoming an authorized Apple reseller is huge for its online battle against Amazon. The source noted that Jet will be selling the full suite of Apple products while Amazon only sells a few products. Walmart has long been an authorized reseller of select iPhones, iPad, and Apple accessories.
PYMNTS
DECEMBER 6, 2016
Apple just recently rolled out another new bit of functionality for the Apple Watch. The latest version of the Apple Store app for Apple watch now allows wearers to make purchases right from their smartwatches. As of now, purchases Apple Watch users can make are limited to lower priced items (meaning this excludes iMacs and most other Apple devices) and accessories that they had previously favorited on the Apple Store’s app for iPhone and iPad.
PYMNTS
AUGUST 2, 2018
Apple became the first company trading in the U.S. According to a report in The Verge , shares jumped for two days in a strong showing in Apple’s third quarter, as the iPhone maker boosted its targets for the remainder of the year and surpassed Wall Street views for its fiscal third quarter. In early-morning trading on Thursday, Apple hit the $1 trillion in market cap when shares passed $207.05. Apple Apple Stocks market cap News stock market Wall Street What's Hot
PYMNTS
SEPTEMBER 13, 2018
Goldman Sachs is not impressed with Apple’s new line of smartphones that were unveiled on Wednesday (Sept. The firm also reiterated its neutral rating on shares of Apple. “Apple rolled out new iPhones as expected, but the new LCD ‘XR’ model was priced lower than we had thought likely. 12) Apple put all the rumors and speculation to bed by launching three new iPhones and a new version of the Apple Watch.
Chris Skinner
FEBRUARY 28, 2018
Then got my answer, although it isn’t a singular factor but a combination … The post Apple Pray: why has Apple Pay failed? I was talking the other day to a colleague about the phenomenon in Asia, India, Africa and South America taking place with mobile payments and the lack of take-up in the USA. Why is this, I wondered? appeared first on Chris Skinner's blog. Fintech Grid Innovation Opinion Payments Technology
PYMNTS
MAY 1, 2017
When Apple comes out with earnings later this week, it is widely expected to report that its cash on hand has met and exceeded the quarter of a trillion dollars mark. Apple, if its free cash meets expectations, will have roughly doubled its holding in a little over 4.5 years — in the last quarter of last year Apple was reportedly bringing in about $3.6 soil would give Apple flexibility to do more capital returns — though what that might look like remains unknown.
PYMNTS
MARCH 11, 2016
Apple Pay Reportedly Feels Some Merchant Love. The team at Piper Jaffray published some good news on Apple Pay. According to its survey of 507 vendors of merchant processing systems, Apple Pay is the most requested mobile digital payments service among retailers.
PYMNTS
SEPTEMBER 17, 2018
One analyst believes that Apple will ship 75-80 million new iPhones by the end of 2018. Last week, Apple unveiled three new iPhones, as expected. And, in the interest of “bringing [its] technology to as many people as possible,” Apple also unveiled the iPhone XR , which uses an LCD screen instead of an OLED. Apple said the XR is designed to offer the iPhone X experience on an LCD device, right down to things like haptic touch and face ID.
Mobile Payments Today
OCTOBER 2, 2018
Recent changes to how Apple deals with the NFC chip in the iPhone and Apple Watch presents a world of opportunities
PYMNTS
AUGUST 1, 2018
Thanks to a strong showing out of Apple’s services business during the June ending quarter, Wall Street is getting more bullish on Apple. According to a report in CNBC , the growth in Apple’s services business , which includes its App Store, Apple Music and iCloud, is boosting analysts’ — such as Bank of America’s Wamsi Mohan — views of Apple going forward. Bank of America reiterated its buy rating on Apple, pointing to growth in services.
PYMNTS
OCTOBER 4, 2017
Rumors are swirling that Apple is currently testing Apple Pay Cash internally using iOS 11.1 was released in beta to developers last week, but not everyone received Apple Pay Cash. The new service was announced at Apple’s Worldwide Developers Conference over the summer, but the feature wasn’t included when iOS 11 launched to the public last month. When users receive money, they can transfer it to a bank account or spend it using Apple Pay online or in retail stores.
PYMNTS
APRIL 3, 2018
In what The Wall Street Journal described as a form of nagging, Apple is prompting users of its iPhone to enroll in Apple Pay, which has created a mixed reaction from the public. The prompts to enroll in Apple Pay are tied to the iPhone’s most recent operating system update, yet they’re subtle, reported the WSJ. Apple, it should be noted, hopes to bring its $29 billion Apple Pay business line to $40 billion by fiscal year 2020.
PYMNTS
SEPTEMBER 14, 2018
A new survey has found that big retailers like Apple and Nike are losing favor in China, as consumers are showing a preference towards local brands. The survey also spells trouble for Apple, which counts China as its second biggest market. In fact, last year a study of 1,000 Chinese consumers indicated that for the first time Huawei has edged out Apple for being the number one smartphone consumers are preparing to purchase.
PYMNTS
OCTOBER 12, 2018
New data shows that in the third quarter of 2018, Apple ’s App Store came out on top in a big way, earning nearly 93 percent more app revenue than Google Play. Apple app downloads App Revenue App Store google play mobile apps News What's Hot
PYMNTS
JUNE 5, 2018
Through a new Face ID setting, Apple ’s latest iOS 12 potentially allows more than one person to use the feature on a particular iPhone X. The news comes as Apple’s annual developer conference, WWDC , helped boost the company’s shares to an all-time high on Monday (June 4). As a result, Apple’s stock rose as much as 1.7 Apple announced several features and upgrades at the conference, including the new iOS 12 operating system.
PYMNTS
MAY 10, 2018
News came Thursday (May 10) that Apple and Goldman Sachs Group are in the midst of bringing a joint credit card to market. In terms of details, noted The Wall Street Journal , the card would be issued under the Apple Pay designation and may come to market early next year. The move by Goldman and Apple has a cross-pollination effect of sorts. In an example of that momentum, in Apple’s latest earnings report, in early May, the company said it sold 2.9
PYMNTS
AUGUST 1, 2018
As comes standard in many Apple quarterly earnings report, there was plenty of buzz to go around. The Apple Watch is the most beloved wearable in human history, the iPhone X is the best-selling iPhone on the market and Apple products, broadly, are bringing all of mankind together in love and harmony. But the biggest buzz came from Cook when speaking about Apple Pay and its rapid growth last quarter. billion transactions , two times that of Apple Pay.
PYMNTS
FEBRUARY 16, 2018
Driven by demand for the iPhone X, Apple captured 51 percent of the revenue in the world’s wholesale smartphone market. Apple’s global wholesale smartphone revenue reached $61.4 Manufacturers other than Apple, Huawei and Samsung took in a combined $31.5 With higher smartphone prices, Apple may have seen a boost to its top-line revenue. Apple sold a total of 77.3 Kuo also predicted that Apple will stop producing the premium model in 2018.
PYMNTS
OCTOBER 2, 2017
A study of 1,000 Chinese consumers indicates that for the first time, local maker Huawei has edged out Apple for being the number one smartphone consumers are preparing to purchase. in China, Apple is having overall performance issues as all new models are underperforming past launches.
PYMNTS
MAY 11, 2018
Apple and Goldman Sachs Group are in the midst of bringing a joint Apple Pay-designated credit card to market. The news comes at a critical juncture in the product lifecycle of Apple Pay. But Apple Pay’s adoption “curve?” After nearly 40 months on the market, adoption of Apple Pay has been essentially flat. The percentage of smartphone users who used Apple Pay for their last transaction, at a place where they could have, has changed.
PYMNTS
JULY 31, 2018
Apple might have to raise prices on some of its products due to President Donald Trump’s latest proposals to charge a 10 percent tariff on Chinese imports. consumers might be paying more for products — such as Apple Watch, AirPods earphones and HomePod speakers — if Apple has to compensate for higher duties on the Chinese-made products. and China” as one of the “greatest risks” to Apple’s share price in the months leading up to the new iPhone in September.
PYMNTS
SEPTEMBER 28, 2018
In order to remain Safari’s default search engine, Google reportedly has an arrangement with Apple. Neither Apple nor Google have publicly discussed such a tie-up, but Analyst Rod Hall claims the search engine platform could end up paying Apple nearly $9 billion this year. Currently, Google is the default search engine for Apple’s iOS version of Safari. And Hall notes that “Apple is one of the biggest channels of traffic acquisition for Google.”.
PYMNTS
MAY 28, 2018
Apple is reportedly gearing up to allow third-party developers to get full access to the Near-Field Communications (NFC) chip in the iPhone with iOS 12. Citing The Information, 9to5Mac reported that Apple is aiming for the iPhone to be used for more digital payments and other interactions, such as opening hotel room doors or as a virtual transit card for easier access to transportation. In June of 2017, Apple took steps to open up its NFC chip.
Bank Innovation
APRIL 4, 2018
Mobile payment platform for Apple users, Apple Pay is now available in Brazil thanks to a partnership with the country’s biggest private lender, Itaú Unibanco Holding SA, the company announced today. Exclusive Mobile Payments Apple Pay Mobile Payments P2P payments
PYMNTS
SEPTEMBER 10, 2018
Apple had been holding discussions with some of the largest newspapers in the country about adding their content to its magazine app Texture , which it acquired in March. According to a report in Recode , citing people familiar with the conversations, Apple executives, led by the company’s content boss Eddy Cue, held talks with The New York Times , The Wall Street Journal and The Washington Post about coming on board with the app.
PYMNTS
SEPTEMBER 24, 2018
Apple and Salesforce announced Monday (Sept. We’re excited to work with Salesforce and that their industry-leading [customer relationship management (CRM)] will embrace native iOS and deliver exclusive new features on iPhone and iPad,” said Tim Cook, Apple’s CEO, in a press release announcing the partnership. They are also working together to develop the first Salesforce mobile SDK that is optimized for Swift, Apple’s programming language.
PYMNTS
AUGUST 31, 2018
As global smartwatch shipments grew by 37 percent year-over-year in the second quarter, Apple has maintained dominance in the category with a 41 percent market share. Back in Q4 2017, Apple stepped up its strategy in the smartwatch segment by enhancing the features of smartwatches into broad-based functionalities, including some health and fitness tracking capabilities,” Counterpoint Research Analyst Satyajit Sinha said in the release.
PYMNTS
JUNE 19, 2017
Apple wants people to lose their wallets. These 36 merchants all accept Apple Pay, and all will be offering exclusive discounts over the weekend – between 10 percent and 25 percent off – for customers using the mobile payment service. Square will be opening additional pop-up shops along Hayes Street and the Marina to offer even more exclusive Apple Pay offers. But Apple is optimistic. But in a good way.
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