Barclays


'Barclays' Articles

Barclays: All 2019 iPhones May Lack 3D Touch, New AirPods and Lower-Priced HomePod to Launch Next Year

Barclays analyst Blayne Curtis and his associates traveled across Asia last week to meet with companies within Apple's supply chain. Today, they shared new predictions based on the information they gathered. Highlights from their research note to investors, obtained by MacRumors: Barclays says it's "widely understood" that 3D Touch will be removed from iPhones with OLED displays in 2019—aka the third-generation iPhone X and second-generation "iPhone X Plus." However, they caution that the plans aren't finalized yet, so they could change. Earlier this year, Apple analyst Ming-Chi Kuo said 3D Touch won't be a feature on the rumored 6.1-inch iPhone with an LCD, part of the upcoming 2018 lineup. So, by the sound of it, 3D Touch won't be a feature on any 2019 iPhones, assuming Apple sticks with the same three models expected in 2018. While the lack of 3D Touch on the 6.1-inch iPhone would make sense, given expectations that it will essentially be a budget iPhone X, it's not entirely clear why it may be removed from the more expensive OLED models next year. As a somewhat hidden feature, perhaps Apple no longer finds it essential. "AirPod 2" will launch in the fourth quarter of 2019. Meanwhile, an optional wireless charging case for the original AirPods, and Apple's new AirPower charging mat, will be available this September. This prediction is rather confusing, as back in February, Bloomberg's Mark Gurman said Apple will release new AirPods with a new wireless chip and "Hey Siri" support as early as this year. Gurman also said a subsequent pair of AirPods with water

More Evidence Emerges to Suggest 2018 iPhones Won't Be Bundled With Lightning to Headphone Jack Adapter

It has been nearly two years since Apple released the iPhone 7 without a headphone jack, forcing users who still use wired headphones to plug them into the Lightning connector using an adapter included in the box. Apple also includes the adapter in the box with the iPhone 8, iPhone 8 Plus, and iPhone X, but more evidence has emerged today that suggests that trend will soon end. Cirrus Logic, a supplier for the adapter, has apparently "confirmed" that the dongle won't be bundled with Apple's widely rumored trio of new iPhones expected next month, according to a Barclays research note. Barclays already anticipated this would be the case earlier this year. "Reported a beat but gave mixed guidance with revenue below but earnings ahead. Cirrus didn't update its FY19 guide… but they did finally confirm the dongle loss, adding more support for our below estimates," the research note reads. Apple routinely says it is pushing towards a "truly wireless future," and the headphone jack adapter has always been a stopgap amid that transition, so if Apple chooses not to include it in the box, it shouldn't really come as a surprise. Rumors suggest new iPads will also lose the headphone jack and adapter. Not everyone prefers wireless headphones, like AirPods, however, so if true, the removal of the adapter will almost certainly generate some controversy. Apple will likely continue to sell the adapter as a standalone accessory for $9, which is cheap by its standards, so customers at least won't be forced to pay too much extra for the adapter if it is indeed removed

Barclays Predicts 2018 iPhones Won't Come Bundled With Lightning to Headphone Jack Adapter

Apple's widely rumored trio of new iPhone models expected to launch in September might not include a Lightning to 3.5mm Headphone Jack Adapter in the box, according to Barclays analyst Blayne Curtis and his associates. "We currently model no dongle this year," the analysts predicted, in a research note obtained by MacRumors today. Cirrus Logic would be the primary loser within Apple's supply chain, as a supplier of audio-related components inside of the adapter. Barclays has lowered its quarterly and yearly revenue guidance for the company by up to five percent, for the time being, but that could change if they hear otherwise. At this point, it appears that the Barclays analysts are merely guessing that the adapter will no longer be bundled, as in previous research notes, they have mentioned it may take until May or June to find out for certain. Barclays does have some credibility in this area, as last year, the investment bank accurately predicted that Apple would continue to include the adapter in the box alongside the iPhone 8, iPhone 8 Plus, and iPhone X. The analysts routinely visit with Apple's supply chain partners in Asia to gather information like this. "We believe it stays this year but goes away at some point, potentially in the 2018 model," the analysts said back in April 2017. Apple eliminating the headphone jack starting with the iPhone 7 was a controversial decision, but the adapter has at least helped ease the transition. Its inclusion has always felt temporary, and as AirPods and other wireless headphone become more widespread, Apple

Barclays Says AirPods Continue to Grow, HomePod Sales Have Been Underwhelming

Barclays analyst Blayne Curtis and his associates recently spent a week in Asia meeting with companies within Apple's supply chain, and today they shared research on iPhones, AirPods, and the HomePod gathered from their trip. In terms of AirPods, the analysts expect Apple will continue to increase production of the wireless earphones. Barclays forecasts that AirPods shipments will likely approach 30 million units in 2018, within the ballpark of KGI Securities analyst Ming-Chi Kuo's estimate of 26-28 million units. AirPods remain backordered on Apple's online store, with orders placed today estimated for delivery within 12 to 13 days in the United States and several other countries. The wireless earphones have been in short supply since December after availability briefly improved during the fall months. The lengthy shipping estimates for AirPods suggests Apple may still be having difficulties manufacturing the wireless earphones, can't keep up with strong demand, or is dealing with some combination of those two factors. Apple doesn't disclose AirPod sales, but chief executive Tim Cook said the company's total revenue from wearables was up almost 70 percent year over year. Apple's broad "Other Products" category, including AirPods, Apple TV, and Apple Watch, set a new all-time record with $5.5 billion in revenue last quarter. In contrast with the popularity of AirPods, Barclays says HomePod sales have been "underwhelming" so far. The research note says Apple planned an initial production run of 6-7 million units, but it's unclear how many have sold.

Barclays Says Second-Generation iPhone X Could Have Smaller Notch

Apple will launch a trio of new iPhone models later this year with a second-generation TrueDepth camera system, which will potentially be reduced in size, according to a research note issued today by analysts Andrew Gardiner, Hiral Patel, Joseph Wolf, and Blayne Curtis at investment bank Barclays. While the analysts believe the new TrueDepth system will only "evolve slightly," they predict it could allow for a "smaller notch" on the 2018 range of iPhones with Face ID, which is rumored to include a second-generation iPhone X, a larger iPhone X Plus, and an all-new mid-range 6.1-inch LCD model. MacRumors obtained a copy of the research note, which also corroborates rumors about Apple extending Face ID to the iPad Pro this year:Based on several data points within the 4Q17 reporting period and our supply chain meetings at CES, we remain confident that Apple is set to deploy its TrueDepth 3D sensor across the iPhone range in 2018 and to also add it to the pending iPad Pro refresh as well. Given the complexity and multiple years spent developing the current generation of module, combined with supplier comments over the past month regarding multi-year customer commitments, we do not envisage a major change to the architectural make-up in 2018 […] We do expect the sensor to evolve slightly, potentially reducing in size (i.e., smaller notch) and improving in specificity […] helping to further drive very strong growth [for some Apple suppliers] in 2H18 as the second generation of sensor ships in this year's new iPhones.A smaller notch would be a welcomed change for

Barclays Proposes Apple Could Lessen iPhone 8 Pricing Impact by Including Apple Music/iCloud Bundle

Leading up to Apple's September 12 media event, the exact price tag of the upcoming iPhone 8 has been one of the biggest question marks surrounding the smartphone. The latest rumors describe a premium device that will start at $999 (64GB) in the United States, then rise to $1,099 (256GB), and cap at $1,199 (512GB), although of course none of these price points or storage configurations have been confirmed. Recently, a team of Barclays analysts including Mark Moskowitz have theorized one potential solution for the device's premium price tag: Apple could debut an iPhone 8 bundle that packs in a year's worth of Apple Music and a 200GB iCloud subscription into the cost of the smartphone (via Business Insider). In the U.S., one year of Apple Music costs around $120 at $10/month (although Apple sells gift cards that knock the annual price down to $100/year), while a 200GB monthly iCloud subscription runs at $2.99/month, equating to around $36 each year. Taken from the cost of the alleged "cheapest" iPhone 8 at $1,000, users would actually be paying about $844 for the smartphone and $156 for the bundled services, which the Barclays analysts said would be "more palatable." Barclays' prediction is based on a survey of wireless service customers (see results chart below), which found that Apple "might" sell around 40.3 million standalone iPhone 8 devices, but with the Apple Music/iCloud bundle that statistic could jump to 64.4 million iPhone 8 units sold. "Barclays analyst Mark Moskowitz and his team think they have figured that out. Apple will offer free subscriptions to

iPhone 8 Expected to Include Faster 10W USB-C Wall Charger

Earlier this year, Apple analyst Ming-Chi Kuo of KGI Securities said the widely rumored 5.8-inch iPhone with an OLED display will feature a Lightning connector with USB-C Power Delivery that enables fast charging capabilities. "iPhone 8" mockup by Benjamin Geskin for iDrop News Lending credence to that rumor, Barclays analyst Blayne Curtis today in a research note said the so-called "iPhone 8" will come bundled with a 10W power adapter with a USB-C connector and an integrated USB-C Power Delivery chip. Curtis said the USB-C Power Delivery chips built into both the iPhone and 10W power adapter will be supplied by Cypress Semiconductor. The research note suggests it'll be the same CYPD2104 chip used in the new 10.5-inch iPad Pro. An excerpt from the Barclays research note distributed to clients, obtained by MacRumors and edited slightly for clarity:We believe that in the iPhone 8, Apple likely includes Cypress Semiconductor's USB-C Power Delivery chip in the phone and an additional chip within the power brick in box (likely a new 10W, which would use a more integrated solution with Cypress Power Delivery).Like the new 10.5-inch and 12.9-inch iPad Pro, the so-called "iPhone 8" would be capable of fast charging with a Lightning to USB-C cable connected to the new 10W power adapter or Apple's 29W USB-C power adapter for MacBook. Apple will presumably include a Lightning to USB-C cable in the box if it's going in this direction, possibly instead of the traditional Lightning to USB cable. Apple could also opt to include a female USB-C to male USB-A adapter in the

Apple Will Still Include a Lightning to Headphone Jack Adapter With This Year's iPhones, Says Barclays

Apple will continue to include a Lightning to 3.5mm Headphone Jack Adapter with the trio of new iPhone models rumored to launch later this year, according to Barclays. "We believe it stays this year but goes away at some point, potentially in the 2018 model," said Barclays analyst Blayne Curtis, and his associates, in a research note distributed today. Cirrus Logic would remain the primary beneficiary within Apple's supply chain, as it's believed to provide some of the tiny audio-related components inside of the adapter. Barclays contradicts Japanese blog Mac Otakara, which said Apple will no longer include the adapter in the box with the so-called iPhone 7s, iPhone 7s Plus, and iPhone Edition. Apple eliminating the 3.5mm headphone jack on the iPhone 7 was a controversial decision, so it's easy to see why it might want to include the adapter in the box for at least another year. But, unlike when that iPhone launched last year, Apple's wireless AirPods and BeatsX earphones are now available. Apple sells the Lightning to 3.5mm Headphone Jack Adapter for $9 as a standalone accessory, which is cheap by its standards, so customers that still prefer to use wired headphones won't be forced to pay too much extra whether the adapter is removed from the iPhone box this year or

All Three 2017 iPhones Said to Feature True Tone Displays

Apple's widely expected trio of new iPhone models will all feature True Tone displays, according to investment bank Barclays. True Tone display technology is currently exclusive to the 9.7-inch iPad Pro Barclays said the tentatively named iPhone 7s, iPhone 7s Plus, and iPhone 8 with an OLED display will each include a "full spectral sensing" ambient light sensor for the purpose of a "True Color" screen. The sensors are expected to be supplied by Austrian semiconductor manufacturer AMS. An excerpt from the research note obtained by MacRumors:For the expected iPhone 7S models, as well as the iPhone 8, we think ams's content increases due to the inclusion of its full spectral sensing ambient light sensor, as already seen in the iPad Pro for that device's True Color screen functionality. We estimate this to be a material step-up in content from the $0.60 range to $1.00.Apple's only existing device with a True Tone display is the 9.7-inch iPad Pro, which uses advanced four-channel ambient light sensors to automatically adapt the color and intensity of the display to match the color temperature of the light in its surrounding environment, whether indoors or outdoors. If you are standing in a dimly lit room with incandescent light bulbs, for example, the display would appear warmer and yellower. If you are standing outside on a cloudy day, meanwhile, the display would appear cooler and bluer. In some ways, a True Tone display is similar to Night Shift, a newer feature on the iPhone and Mac that, when enabled, shifts the display to a warmer and yellower temperature.

'iPhone 8' Still Expected to Launch in September in Limited Quantities

Apple's widely rumored high-end iPhone with a 5.8-inch edge-to-edge OLED display will launch in September, although the majority of stock may not be available until later in the fourth quarter, according to the latest research from Barclays analysts Blayne Curtis, Christopher Hemmelgarn, Thomas O'Malley, and Jerry Zhang. "iPhone X" concept by designer Gabor Balogh The prediction suggests that Apple's tenth-anniversary iPhone, which has been variously dubbed the iPhone 8, iPhone X, iPhone Pro, or iPhone Edition, will still be available in limited quantities in September. However, shipping estimates could slip to several weeks out just minutes after pre-orders begin. What do you think Apple's rumored "special edition" iPhone will be called? Tweet us your own ideas.— MacRumors.com (@MacRumors) March 18, 2017 An excerpt from the Barclays research note obtained by MacRumors:Suppliers generally had good things to say about the upcoming iPhone 8 launch (for our purposes iPhone 7s, iPhone 7s Plus, and iPhone Pro) as new features drive a more complicated manufacturing process and higher ASPs. We now believe that all three devices will feature wireless charging and will all be launched in the normal September timeframe, although the majority of iPhone Pro volumes may not be available until Q4.Barclays contradicts a recent report that claimed the 5.8-inch iPhone will be announced alongside updated 4.7-inch and 5.5-inch models, or the so-called iPhone 7s and iPhone 7s Plus, but might not go on sale until much later. By the sounds of it, availability of Apple's first iPhone

One Analyst Thinks the iPhone 8 Will Still Have a Lightning Connector With USB-C Adapter for Europe

The Wall Street Journal today reported that at least one upcoming iPhone model will include a USB-C port instead of a Lightning connector. If the report is accurate, a single USB-C cable could be used to charge the so-called iPhone 8, 12-inch MacBook, or the latest MacBook Pro models.People familiar with Apple’s plans said the iPhone releases this year would include two models with the traditional LCDs and a third one with the OLED screen. They said Apple would introduce other updates including a USB-C port for the power cord and other peripheral devices instead of the company’s original Lightning connector.That's not a rumor we've heard previously, but The Wall Street Journal is a reputable source that often accurately predicts Apple's plans. Nevertheless, the move towards USB-C has yet to be substantiated by other credible sources, and Apple changing the charging port on iPhones for the second time in five years, after switching from the 30-pin Dock Connector to Lightning connector in 2012, would certainly be a controversial decision. At least one analyst is not convinced that Apple will ditch Lightning on its next iPhones, but he does believe USB-C will be in the mix. Barclays managing director Blayne Curtis told MacRumors that he expects the iPhone 8 to keep its Lightning connector, while he believes that Apple will sell a Lightning to USB-C adapter in European countries to adhere to the European Commission's "one mobile phone charger for all" campaign. This adapter could be similar to Apple's female-to-male Lightning to Micro-USB adapter, which

Apple Forecasted to Report Record Earnings Next Week, but Will iPhone 8 Keep Driving Growth?

Barclays estimates that Apple will report a record-breaking $76.6 billion in revenue when it announces its earnings results for the first quarter of fiscal 2017 on January 31. Apple reported revenue of $75.9 billion in the year-ago quarter, and offers guidance of $76 billion to $78 billion for this quarter. UBS estimates Apple will report revenue of $77.8 billion next week, which falls on the higher end of Apple's guidance. UBS analyst Steven Milunovich maintained a "buy" rating for Apple stock with a target price of $127—compared to $120 currently—in a research noted issued to investors today. Meanwhile, Barclays analyst Mark Moskowitz lowered his price target for Apple's stock from $119 to $117 in a research note issued to investors today. Moskowitz does not expect "meaningful upside potential" for Apple in 2017. He believes customers increasingly "mixing down" by opting for the iPhone 6s in favor of the iPhone 7 could weigh on Apple, while he is also concerned about China and India failing to emerge as growth catalysts in the next 12 months. He said the so-called "iPhone 8" will potentially have "no must-have advanced features," making him skeptical of a meaningful growth rebound for Apple in the second half of this year. He added that smartphones have become "more than good enough" to serve the needs of most users over multiple years or until the device breaks.While not likely to have a similar replacement cycle of PCs (i.e., 5-7 years), we think the smartphone market and thereby the iPhone franchise stand to face incremental headwinds this year and next,

AirPods Production Said to Begin in December in Limited Quantities

Ever since Apple delayed the launch of its all-new AirPods beyond the late October timeframe it originally promised, saying it needed "a little more time" before they are ready for customers, there have been conflicting rumors about when the wireless earphones will actually be released. The latest word comes from investment bank Barclays, which in a research note we saw said AirPods should enter production in December. That means AirPods could still feasibly be released in time for the final weeks of the holiday shopping season, although a January 2017 launch as previously rumored, or later, is possible. Barclays said the initial production run will be "fairly small," totaling between 10 million and 15 million AirPods to start. Depending on demand, the limited supply could result in a scenario where AirPods stock is quickly depleted upon launch, resulting in extended shipping estimates akin to a new iPhone launch. Earlier this week, an employee at Apple reseller Conrad reportedly told a customer it will receive AirPods stock on November 17. As we noted at the time, it is entirely possible the employee provided inaccurate information. Apple lists AirPods as both "coming soon" and "currently unavailable" on different parts of its

Three New iPads Said to Launch in March, Including Bezel-Free 10.9-Inch Model

Apple will launch a trio of new iPad Pro models in March, including refreshed 9.7-inch and 12.9-inch versions and an all-new bezel-free 10.9-inch model, according to Barclays Research analysts Blayne Curtis, Christopher Hemmelgarn, Thomas O'Malley, and Jerry Zhang, citing sources within the company's Asian supply chain. In a research note obtained by MacRumors, the analysts said the 10.9-inch model's borderless design will allow for it to be the same physical size as the current-generation 9.7-inch iPad Pro. That means the display itself will need to have an edge-to-edge design, possibly signaling the removal of the Home button. Multiple rumors have claimed Apple is developing a new iPad in the 10-inch range, but the exact screen size has varied in each report. KGI Securities analyst Ming-Chi Kuo said a new 10.5-inch iPad Pro will launch in 2017, while Japanese website Mac Otakara said a new 10.1-inch iPad Pro will launch in early 2017. Barclays, like Kuo, expects the new 9.7-inch iPad Pro to be a "low-cost" model alongside the 7.9-inch iPad mini, which the analysts do not believe will be refreshed alongside the larger tablets. Instead, the research note said Apple will continue to produce and sell the iPad mini 4, released in September 2015. Mac Otakara previously said the 12.9-inch iPad Pro will feature a True Tone display like its current 9.7-inch counterpart, using advanced four-channel ambient light sensors to automatically adapt the color and intensity of the display to match the light in the surrounding environment. That report said all three new

Apple Said to Release Curved, Bezel-Free 5-Inch and 5.8-Inch iPhones Next Year

Apple will release new 5-inch and 5.8-inch iPhones with curved, bezel-free designs next year, according to Barclays Research analysts Blayne Curtis, Christopher Hemmelgarn, Thomas O'Malley, and Jerry Zhang. The analysts, citing sources within Apple's supply chain following a trip to Asia this week, said the borderless design will allow for the new iPhones to be the same overall size as current 4.7-inch and 5.5-inch models.Larger and Bezel-less - iPhone 8 design didn't sound 100% locked down but we believe the move is to a bezel-less design with screen sizes getting larger and curved edges in the original envelope. The iPhone 8 moves to 5" (from 4.7") and the Plus moves to 5.8" (from 5.5").In a research note obtained by MacRumors, the analysts said only the 5.8-inch model will use OLED display technology, which can be sharper, brighter, and more energy efficient than LCD technology. Apple's primary OLED suppliers are said to be Samsung and LG, joined by Foxconn-owned Sharp by 2018. The research note corroborates KGI Securities analyst Ming-Chi Kuo, who in March said Apple will launch a 5.8-inch iPhone with a curved OLED display and glass casing next year. Japanese website Nikkei said the larger-screened iPhone will be a premium model, positioned alongside 4.7-inch and 5-inch iPhones with LCD displays. It has been widely rumored Apple will achieve a bezel-free design by removing the iconic Home button on the next iPhone. Barclays, however, does not believe the Home button will move to an in-screen solution. It does expect the screen will "extend vertically as well

Barclays Finally Supports Apple Pay in United Kingdom

Barclays appears to have enabled much-anticipated support for Apple Pay in the United Kingdom during the early morning hours on Tuesday. A growing number of Barclays customers on Twitter have been successfully able to add their debit or credit cards from the large British bank to Apple Pay since shortly after midnight local time. Screenshot courtesy of MacRumors reader James Richards Barclays was notably absent from the list of banks and participating issuers supporting Apple Pay when the mobile payments service first expanded to England, Scotland, Wales, and Northern Ireland in July 2015. Barclays cardholders can set up Apple Pay through the Wallet app on iOS 8.1 or later. Bank-issued cards can be scanned or added manually by tapping the "Add Credit or Debit Card" option. Follow the on-screen verification steps. Apple Pay is also supported at Bank of Scotland, First Direct, Halifax, HSBC, Lloyds Bank, M&S Bank, MBNA, Nationwide, NatWest, Royal Bank of Scotland, Santander, Tesco Bank, TSB, and Ulster Bank in the United

Barclays Now Showing Apple Pay Terms and Conditions [Updated]

British bank Barclays appears to be in the process of enabling much-anticipated Apple Pay support in the United Kingdom, as multiple Twitter users have shared screenshots of a new terms and conditions page that now appears when attempting to add a Barclays-issued card to the iPhone-based mobile payments service. #ApplePay for @BarclaysUK is defo on the way. This is what I'm getting when trying to add a card pic.twitter.com/O7uMHWi5Lj— Nathan Hogan  (@nathanhogan) March 29, 2016 The new terms and conditions landing page is a telltale sign that Barclays may be on the verge of finally becoming an Apple Pay participating issuer, nearly nine months after the service launched in the United Kingdom and within striking distance of its latest promise of a late March rollout. Barclays has repeatedly hinted that Apple Pay support is coming, but it has yet to deliver on those plans. In July 2015, the bank said Apple Pay support was "imminent," but later confirmed an "early 2016" target, and most recently said the service would launch "within 60 to 75 days" of January 12, or by around March 28. Barclays has been the largest Apple Pay holdout in the U.K. to date. Other participating banks include First Direct, HSBC, MBNA, Nationwide, NatWest, RBS, Santander, Ulster Bank, and more. iPhone and Apple Watch users can tap to pay at over 250,000 locations across England, Scotland, Wales, and Northern Ireland. Update: A tipster who wishes to remain anonymous has informed us that Barclays employees have been testing Apple Pay internally with their own debit and credit cards over

Barclays Confirms it Will Launch Apple Pay by Late March

Barclays has confirmed that it will launch Apple Pay within the next 45 to 60 days, based on a two-week-old email dated January 12, suggesting the large British bank will support the iPhone-based mobile payments service by no later than March 28. The launch date was provided by Barclays CEO of Personal and Corporate Banking Ashok Vaswani in what appears to be a legitimate email sent to customer Oli Foster-Burnell, and later reported by Engadget. We can verify the executive has emailed customers about Apple Pay in the past. Barclays is the only financial institution among the "Big Four" banks in the U.K. that has yet to adopt Apple Pay. The country's participating issuers include the Bank of Scotland, First Direct, Halifax, HSBC, Lloyds Bank, M&S Bank, MBNA, Nationwide, NatWest, Royal Bank of Scotland, Santander, Tesco Bank, TSB and Ulster Bank. Barclays Executive confirms #applepay launch date. At last! pic.twitter.com/5wuzMoGs4V— Oli Foster-Burnell (@orfoster) January 25, 2016 Apple Pay launched in the U.K. in July 2015 at more than 250,000 locations across England, Scotland, Wales and Northern Ireland, and Barclays is perhaps the most notable holdout from the group of banks supporting the mobile payments service. The bank serves over 48 million

Barclays Planning to Launch Apple Pay Support in UK in Early 2016

Apple Pay launched in the United Kingdom in July at more than 250,000 locations across England, Scotland, Wales and Northern Ireland, but Barclays remains notably absent from the group of banks supporting the mobile payments service. Nevertheless, Barclays remains committed to supporting Apple Pay in the future. Barclays CEO of Personal and Corporate Banking Ashok Vaswani today told customer Mike Jobson by email that the bank plans to roll out Apple Pay in early 2016.We have signed up for ApplePay and will launch it very early in the New Year. We truly value your custom and hope that you continue to bank with us particularly since we are launching this shortly.A high-level executive at Barclays previously stated the bank anticipated "imminent" support of Apple Pay, and the bank later publicly confirmed it will support Apple Pay in the "future," but no specific launch timeframe had been provided. Barclays is the only major financial institution of the "Big Four" banks in the U.K. that has yet to adopt Apple Pay. Participating banks include Bank of Scotland, First Direct, Halifax, HSBC, Lloyds Bank, M&S Bank, MBNA, Nationwide, NatWest, Royal Bank of Scotland, Santander and Ulster Bank. MacRumors has contacted Barclays for

Barclays Confirms Apple Pay Support in Future, First Direct and HSBC Delayed Until Later This Month

Barclays today announced that it will support Apple Pay for debit and credit cards in the United Kingdom in the future, confirming a MacRumors report that claimed the bank expected "imminent" support of the mobile payments service. Apple Pay officially launched in the U.K. earlier today and can be used at more than 250,000 locations across England, Scotland, Wales and Northern Ireland. A full list of retail shops and apps that accept Apple Pay can be found on Apple's website. We are really excited about the launch of Apple Pay and will bring Barclays debit cards and Barclaycard credit cards to Apple Pay in future.— Barclays UK (@BarclaysUK) July 14, 2015 Apple has also updated its Apple Pay participating banks list in the U.K. and moved First Direct and HSBC to the "coming soon" section. First Direct has confirmed on Twitter that Apple Pay will be "available later in July," while HSBC tweeted that it will be "launching Apple Pay by the end of this month." It was expected that the banks would support Apple Pay in the U.K. at launch today. @davidashleyrw I'm sorry you feel the need to leave Ashley. We will be launching Apple Pay by the end of this month. ^JH— HSBC UK Help (@HSBC_UK_Help) July 14, 2015 The full list of U.K. financial institutions that currently support Apple Pay per Apple's website includes American Express, MBNA, Nationwide, NatWest, Royal Bank of Scotland, Santander and Ulster Bank. The banks listed under coming soon include Bank of Scotland, First Direct, Halifax, HSBC, Lloyds Bank, M&S Bank and TSB. As of today's announcement, Barclays