Mac OS Ken: 12.29.2014

Mac OS Ken

Ken Ray

Technology

4.7 • 996 Ratings

🗓️ 29 December 2014

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

- Research Firm ITG Says Apple Pay Processed One-Percent of November Digital Payments - Raymond James Analysts Turned-On by ITG Report - Morgan Stanley Ups Estimates for iPhone and Smartphone Growth - Cowen Analyst Sees Bigger iPad and Smaller iPhone for 2015 - Apple Responds to BBC Supply Chain Report - Workers Rights NGO Defends Apple Against BBC - CNN/Money Names Tim Cook Top CEO of 2014 - The Interview Hits iTunes - Four Days Later - lynda.com: Learn Apple software, plus business and creative skills, from easy-to-follow video tutorials at

Transcript

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0:00.0	This is Mac OSKinn.
0:19.6	A strong start for Apple Pay, continued strength for iPhone, and the gift that keeps on giving, until it stops.
0:21.6	It's Monday the 29th of December 2014. I'm Ken Ray and this is news from Maco
0:27.7	West Ken brought to you by yours truly and supported by I chart magazine putting Apple and Tech News in focus
0:35.4	EY E.E. I. Chart magazine available for iOS Newsstand now. The transformation many expect from Apple Pay appears to be underway.
0:47.0	Late last week, the research firm ITG issued notes from a report that said that Apple Pay was responsible for 1% of digital payment
0:55.5	dollars in the month of November.
0:58.5	Presumably that's US only, since currently Apple Pay as a service is US only.
1:04.0	While 1% sounds small, it's huge when one considers that Apple Pay only launched on the 20th of October.
1:11.0	That 1% gets even bigger when one considers what ITG points out, that the service is only available
1:17.2	to Apple customers with the newest hardware and it is currently supported by a relatively
1:21.9	limited list of merchants.
1:24.9	One interesting point from the note.
1:26.5	ITG says Google Wallet accounted for 4% of digital payment dollars in November. Google Wallet has been available as a service since
1:34.8	2011. In a little over one month Apple Pay's business was equal to 25% of the business
1:42.1	done by its three-year-old counterpart.
1:45.0	Other interesting points from the firm.
1:48.0	Trying is liking.
1:50.0	60% of new Apple Pay customers used Apple Pay on multiple days throughout November.
1:54.9	According to the report, new PayPal customers only converted to repeat users 20% of the time in November.
2:02.8	Apple pay is habit forming.
2:04.6	Apple pay people used it 1.4 times a week.
	...

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