WHAT TO EXPECT FROM APPLE'S BIG EVENT ON SEPTEMBER 9TH

That's a lot of presumption on your part.

 

Fortunately the market and history of apple has given more merit for success than failure.

 

Ding ding ding!

 

What's the market share of apple mobile devices to other ones?

 

US or worldwide?

US Apple has around 40% to 55%+ for All Android, worldwide is closer to 85% Android, 12% iOS

 

I understand the love for Apple, but y'all disagree that there's quite a bit of assumption in this statement?

 

I do not love Apple (respect a lot of what they do however) - but this thing will fly because the big financial backing it has, Visa, Mastercard, Amex, Discover, JCB, UnionPay and Europay are the ones behind the tokenization standard and they are pushing it. Combine this with Apple's big consumer footprint and it will fly.

It is really not an Apple thing per se, Google Wallet and every other money processing service will support it as well - all the processing giants will require it sooner or later - it is just that Apple timed their introduction perfectly to 6 months or so after the standard came out.

http://www.emvco.com/specifications.aspx?id=263

 

It doesn't really matter if the financial institutions are backing it, it matters if people will actually bother to learn how to use it. I mean 2 years ago those stupid ass QR codes were everywhere too, people were just too lazy to scan them for the most part. Same with augmented reality.

I'd probably use at a gas station though, although they usually don't want you to use phones near the pump anyway.

 

With financial institutions having to cover fraud and spending as much money as they do detecting it - it is just a question of time until they phase out the old kinds of credit cards. Sooner or later the old type scanners will just be phased out and not accepted. In Europe there are plenty of places that cards without EMV are just not accepted anymore. The future is this kind of payment system, if it comes from Apple or someone else I am not certain - but I suspect that like everything else, the consumers will adapt when given no other choice.

 

Well, the current cards, yes. I do not believe that we will migrate to a system where you MUST use your phone or non-credit card to swipe away. Its too ubiquitous right now. Perhaps the cards themselves will evolve as there is a push for chip and pin type cards like in Europe, but I see this as a novelty replacement for the time being. In fact, I think we're more likely to see implanted chips in humans as payment before we have them just as an app on our phones.

I just don't think every consumer has the level of knowledge to actually use their phone to pay for something. It will be something that only technically inclined people would be able to do for the next few years. I mean, how many people out there use mobile boarding passes and mobile check in. Its not a high percentage and even when it is, some people aren't really quick at it versus a paper ticket.

 

TRANSLATION: AMERICANS ARE TOO FUCKING STUPID TO FIGURE IT OUT AND ACTUALLY USE IT.

 

[video=youtube;ej9B99P3lq0]http://www.youtube.com/watch?v=ej9B99P3lq0[/video]

 

Wow sprint is going "all in" with the iPhone!

They have two types of plans. 1.) $50 a month for unlimited talk, text and data.
2.) $20 a month for the "iPhone for life". Basically an extra $20 a month and you can get a brand new iPhone every 2 years.

For $70 a month, you will have a new phone every 2 years.

http://video.cnbc.com/gallery/?video=3000309782&__source=yahoo|headline|quote|video|&par=yahoo

 

In related news, I tried to listen to U2's new album this morning. I can do it (it is not unlistenable) - but I am not excited about it.

Unfortunately, it is pretty close to my general feeling about Apple's new wares. They are technically capable and not stinkers, but not inspiring, unfortunately.