“Apple will likely unveil mobile payments on Tuesday, ‘the holy grail for e-commerce’ and a ‘game-changing product’ that could revolutionize the entire industry, former CEO John Sculley told CNBC,” Drew Sandholm reports for CNBC.
“Sculley, who appeared on ‘Squawk on the Street’ before the Apple event, said the technology giant has long ‘been putting together the pieces’ for a mobile payments product,” Sandholm reports. “‘The most important piece are 800 million credit-card-scored iPhone users,’ Sculley said. ‘And when you combine that with OneTouch for the biometric security, combine that with [near field communication], which is also high security, and tie it in the announcements, which Apple has said they’re going to make with the major credit card companies, major retailers, I think we’re in for something that’s going really game-changing.'”
Read more in the full article here.
MacDailyNews Take: We’ve forgotten more about Apple than this sales bozo knows currently. There in zero insight available here, Sugar Water is simply repeating, with mistakes, a compendium of media speculation and mobile payment reports for CNBC. He, like the Walter Isaacson, are merely air-fillers for CNBC.
[Thanks to MacDailyNews Reader “Lynn Weiler” for the heads up.]