Apple's Beats brand in April unveiled the Powerbeats Pro, a redesigned wire-free version of its popular fitness-oriented Powerbeats earbuds.
Apple Had More Than 1 Million Card Activations During First 72 Hours of Apple Pay
During the first 72 hours that Apple Pay was available, Apple saw more than one million credit and debit card activations, according to Apple CEO Tim Cook who took the stage today at the WSJ.D conference in Laguna Beach, California.
Cook himself told the audience that he used Apple Pay himself at Whole Foods after the service launched, commenting on how easy it was. "You're no longer fishing for your credit card," he said. "It's the first mobile payments system that's easy, secure, and private."
According to Cook, the early ramp of Apple Pay "looks fantastic," and though it's only been available for a short time, Apple Pay accounts for more mobile wallets in the U.S, than all other mobile payment options combined.
During the interview, Cook commented on CVS, Rite Aid, and other retailers' decisions to opt out of Apple Pay, saying that "over the long arc of time" retailers will need to do what shoppers want. Ahead of launching Apple Pay, Cook says Apple looked at multiple other payment solutions available on the market and didn't find any of them to be easier than using a wallet.
Retailers, he believes, will ultimately adopt Apple Pay because it's the more secure option, able to prevent fraud incidents like the breaches experienced by Target, Home Depot, Staples, and more, in recent months. Cook reiterated that Apple Pay is secure and that Apple is not collecting data on its customers. "We're not big brother. We'll leave that to others."
Cook also commented on Apple's wider privacy policy, saying "Your data is yours" and reiterating that Apple is not in the business of monitoring its users. Apple does not keep iMessage data or retain search history.
"If law enforcement wants something, they should go to the user to get it," he said. According to Cook, it is up to users, not Apple, to choose whether or not it's okay for the government to access their data. "We're designing a Fort Knox kind of thing."
During the interview, Cook also spoke on the Apple Watch, stating that he expects users to will need to charge it on a daily basis, and he commented on the iPod classic, revealing that the company could no longer source parts for the device. An official rough transcript of Cook's comments during the interview can be found over at The Wall Street Journal.
Related Roundup: Apple Pay
[ 217 comments ]
Top Rated Comments
(View all)
61 months ago
I wonder how many of those were cards from the same person, though. I'd be interested to see how many *people* added cards.
Yeah, I activated 4 cards myself.
Though not a lot of people has 4 cards, 1 million card activations during first 72 hours that only works for iPhone 6/6+ in the country that NFC payment is a rare thing is still pretty amazing.
In UK or Australia, the adoption rate would be much higher.
61 months ago
I wonder how many of those were cards from the same person, though. I'd be interested to see how many *people* added cards.
Yeah, sorry about that, I registered all 985,000 of my cards. :p
61 months ago
I expected to add only a couple of cards.
But since Wells Fargo is offering a credit the first time I use it with an account, I expect to add up to 6 cards from that bank alone (3 debit, 3 credit) - at least temporarily.
Jesus Christ...why do you have so many??
61 months ago
I wonder how many of those were cards from the same person, though. I'd be interested to see how many *people* added cards.
61 months ago
And that's only with banks that have activated their service.. Many more to come
61 months ago
As I have pointed out before, :apple:Pay is 'The Next Big Thing'.
But it doesn't even use a stylus..
[ Read All Comments ]
Kanex today announced the launch of its iAdapt Multiport Docking Station for the 2018 iPad Pro models, designed to add a range of additional ports to the devices using the built-in USB-C port.
...
Microsoft has released a native Mac version of its To-Do app for the first time, meaning macOS users will no longer have to rely on company's the web app to access the to-do list service.
...
Apple appears to be continuing its recent trend of making app subscriptions more transparent and manageable, as evidenced by another change discovered in the latest developer beta of iOS 13. When you...
Belkin today announced that its InvisiGlass Ultra Front and Back Protection for the latest iPhone models is now available for purchase from Apple.
The InvisiGlass Ultra Front and Back...
Apple this morning released the second beta of watchOS 6, the software that runs on the Apple Watch. The second beta comes two weeks after Apple first unveiled the new update at the Worldwide...
Apple today seeded the second beta of an upcoming tvOS 13 update to developers, two weeks after first unveiling the tvOS 13 software at the Worldwide Developers Conference.
Designed for the...
Aspyr has announced that today is the last day of sales for its 32-bit Mac games, in anticipation of Apple's upcoming move to 64-bit only apps on macOS Catalina later this year.
After...
Amazon is offering the latest MacBook Pro at a new all-time-low price, with savings of up to $199 off original prices. Across the board these are the best deals available online from the major...
