The new Apple Pay Service was activated more than one million time in the first 72 hours, more than all other competitors combined. In an inaugural WSJD Live conference on Monday, Apple Inc (NASDAQ AAPL) CEO Tim Cook said, “The early ramp [of Apple Pay] looks fantastic.” Apple Pay is already showcasing its potential with around one million activations, presenting problems for established players. Cook … Continue reading Apple (NASDAQ AAPL) Stock News: Apple Pay Makes It Big

Apple Inc (NASDAQ AAPL) has been experienced declining music sales in the wake of free videos and cheap music. Music sales at Apple’s Tunes have dropped 13% to 14% across the globe since the start of the year, according to The Wall Street Journal, which cites sources familiar with the matter. Free music and video downloading sites have fiercely taken over the market, hitting the … Continue reading Stock Report: Apple Inc (NASDAQ AAPL) iTunes Sales Record A Significant Drop

Apple Pay, the mobile payment service of Apple Inc (NASDAQ AAPL) is facing a risk after CVS Health Corp (NYSE CVS) and Rite Aid Corporation (NYSE RAD), the two major pharmacy chain operator in the United States rejected the system. Wal-Mar Stores, CVS Heakth, Rite Aid, Best Buy and 50 other retailers are working on their own mobile payment system called CurrentC. According to Bloomberg … Continue reading Apple (NASDAQ AAPL) Stock News: Apple Pay Faces Risk as Some Start Rejecting the System