Apple's services sector is skyrocketing

Apple's services sector is skyrocketing

Services growth is driving Apple's continuing financial success, with a whopping 31 percent increase in services revenue year over year. These services include digital content and services, AppleCare, Apple Pay, licensing and other services. One of the pieces of that services pie that was only noted in a footnote on the Summary Data was a $236 million cash injection that appears to be a result of the final resolution of the Samsung lawsuit.

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Apple World Today News Update: January 18, 2018

Apple World Today News Update: January 18, 2018

Sorry we missed you yesterday (Wednesday)! We're back today with a quartet of short news stories from the world of Apple:

  • A researcher/developer had his app -- used to gather data on ISP throttling of video streams -- rejected by the App Store
  • Some Facebook Messenger users are reporting a bug that crashes the app after typing just a few words in a single line
  • Use SpotHero to pre-pay parking? Apple has a deal for you if you use Apple Pay as your SpotHero payment option
  • The GOP tax bill signed into law a few weeks ago is resulting in Apple adding almost $350 billion to the US economy, and employees are also getting a stock bonus
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AWT News Update: November 7, 2017

AWT News Update: November 7, 2017

After a two-day lapse in the podcast, we're back today with more news from the world of Apple:

  • The iPhone X sold out on Friday morning in 20 major US cities, and Steve lets you know how his pickup experience went
  • AAPL closed up 56¢ a share today, closing at $174.81 and edging the company's market cap tantalizingly close to $900 billion
  • Apple Pay Cash arrives in the public beta of iOS 11.1
  • Austin, Texas is getting a new Apple retail outlet this Saturday
  • Apple is selling $7 billion worth of bonds to fund the stock buyback program and green energy initiatives
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Apple Pay continues to dominate contactless pay; Ticketmaster to offer Wallet passes

Apple Pay continues to dominate contactless pay; Ticketmaster to offer Wallet passes

There's a lot going on behind the scenes with Apple's contactless pay system Apple Pay and the associated Wallet app. Platform executive Jennifer Bailey attended the Money 20/20 conference yesterday, where she noted that Apple Pay is now in 20 countries around the world with about 4,000 card issuers. In those countries, Apple Pay accounts for 90 percent of mobile contactless payments.

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AWT News Update: October 19, 2017

AWT News Update: October 19, 2017

Wow, only eight days until the pre-orders for the iPhone X. We have some news about the newest iPhone and other topics for you today!

  • Imagine creating your own 3D renderings of your home or a dream home. It's all possible with Live Home 3D from BeLight Software, this week's AWT sponsor
  • Tim Cook told a Mac mini fan that "we plan for Mac mini to be an important part of our product line," whatever that vague statement means...
  • The CEO of Canadian telecom company Rogers says the company is seeing "anemic appetite" for the iPhone 8 while customers appear to be saving their money for the iPhone X
  • Soon you won't have to sign an electronic or paper receipt for purchases made with Apple Pay on a MasterCard
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Apple Pay expanding to four new countries by the end of 2017

Apple Pay expanding to four new countries by the end of 2017

One of the throwaway comments from yesterday afternoon's Apple earnings call (link to recording) was actually big news: Apple Pay will expand to Denmark, Finland, Sweden and the United Arab Emirates by year's end, meaning that the service will be available in 20 countries.

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UK's digital-only Starling Bank offers Apple Pay to its customers

UK's digital-only Starling Bank offers Apple Pay to its customers

Starling Bank is a "fintech business with a banking licence" in the UK, that operates as a mobile-only bank with no brick-and-mortar facilities. Today, Starling Bank announced that it's not only providing its customers with Apple Pay, but that it will provide "in-app provisioning" so that customers can begin to use their contactless payments even before receiving a physical MasterCard Debit Card.

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Subway testing self-serve kiosks that take Apple Pay, mobile ordering, and more

Subway testing self-serve kiosks that take Apple Pay, mobile ordering, and more

The next time you go to a Subway sandwich shop, you might find yourself using your Apple products to pay for your meal. The company is testing a new "Fresh Forward" store design in 12 locations in the US, Canada and UK that features self-service order and payment kiosks that accept Apple Pay and Samsung Pay for payment.

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Apple allegedly working on peer-to-peer money transfer as part of Apple Pay

Apple allegedly working on peer-to-peer money transfer as part of Apple Pay

Sending money to others for personal payments currently requires a service like Square Cash or Venmo. Apple is reportedly working on a similar peer-to-peer money transfer service as part of the Apple Pay service that would let users send money to one another quickly and with security as a primary focus.

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Apple Pay with Touch ID is in the crosshairs of a new patent lawsuit

Apple Pay with Touch ID is in the crosshairs of a new patent lawsuit

As my vacationing blog partner Dennis Sellers would say, "another day, another lawsuit." Today's lawsuit against Apple is from the trollishly named Pen-One Acquisition Group, which says that Apple infringed its patent titled "Pen-based transponder identity verification system." The patent describes a point of sale system using a stylus or fingerprint signature, and Pen-One Acquisition Group says that any Apple device using Touch ID to make a purchase infringes on its patent.

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Services - they could be Apple's downfall

Services - they could be Apple's downfall

Full disclosure from the beginning; I am an Apple fanboy, with my roots beginning in  the days of the Apple //e. As a boy, I painted my white bedroom with the Apple color stripes and stayed with Apple during its rocky years. I have also invested heavily into Apple services. I currently use the iCloud Photo library service (and pay extra for 1TB of space each month), iTunes Match and have been using my mac.com address forever. 

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AWT News Update: November 11, 2016

AWT News Update: November 11, 2016

On this Veteran's Day, 2016, we pause to remember all of those who have made sacrifices to serve the United States in the Army, Air Force, Marines, Navy and Coast Guard. Our stories for today:

  • Many thanks again to 4K Video Downloader for Mac, the sponsor of Apple World Today for the past week.
  • Craft sales platform Etsy now supports web-based Apple Pay transactions
  • Rumors from the Apple supply chain point to new iPad Pros in March of 2017
  • Production of the delayed AirPods may finally happen in December
  • Tim Cook tweets out his thanks to veterans who work at Apple HQ.
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24 more banks and credit unions now support Apple Pay in the US

Apple's plans to dominate contactless payment through Apple Pay continue, as two dozen new banks and credit unions have been added to the US list of financial institutions supporting the service. 

The new banks are:

  • BankLiberty
  • CinFed Credit Union
  • Cumberland County Federal Credit Union
  • Denmark State Bank
  • Family Security Credit Union
  • Franklin Savings Bank
  • Gates Chili Federal Credit Union
  • Great River Federal Credit Union
  • Greenfield Banking Company
  • Heritage Community Credit Union
  • Labette Bank
  • Lake Trust Credit Union
  • Michigan Educational Credit Union
  • Natco Credit Union
  • Neches Federal Credit Union
  • Old Point National Bank
  • Peach State Bank & Trust
  • Pioneer Bank (both New Mexico and New York now)
  • River City Bank
  • Saco & Biddeford Savings Institution
  • SELCO Community Credit Union
  • Shell Federal Credit Union
  • Shrewsbury Federal Credit Union
  • The Mission Bank

Apple Pay is also available in a number of other countries, including Australia, Canada, Mainland China, France, Hong Kong, New Zealand, Russia, Singapore, Switzerland and the UK. A full list of the supporting banks can be found here

Why Apple removed security tethers from demo products in Apple Stores

Why Apple removed security tethers from demo products in Apple Stores

Apple's retail group is smart, and it knows that the best way to get someone to buy a product is to give them unfettered access to a device. Up until recently, that really wasn't possible as each and every device was tethered to a table with a security cable. If you wanted to try picking up an iPhone 7 Plus to see what it really felt like in your hand or pocket, you couldn't do it without that cable dangling from the back. Apple has removed those tethers now and replaced them with other security measure to insure that devices won't be walking out the doors of the stores.

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AWT News Update: March 17, 2016

AWT News Update: March 17, 2016

Happy St. Patrick's Day! In our roundup of news today there's a lot of talk of "the green" -- payments and money, that is. 

  • Not many of those chip-and-pin EMV terminals that we were hoping to use Apple Pay with are actually in use
  • The CEO of a French mobile carrier provides hope that Apple may be opening up third-party access to the iPhone's NFC chip
  • Ride many, pay one. Uber creates family profiles
  • Apple's lowering its data bill by moving some services from Amazon Web Services to the Google Cloud Platform
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