Apple still in the starting block on mobile payment

In a call about 1st quarter earnings, Apple’s CEO Tim Cook commented about mobile payment and said; “I think it’s in its infancy and I think it’s just getting started and just out of the starting block.”

I think he is kind of right and I think Apple is still in the starting blocks. The race is on…but mobile payment is/will be a marathon race, so it’s still time to be in and to get a nice position. During the race a lot of todays participants will give up and we will see a few new late starters.

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