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

Apple Inc (NASDAQ AAPL)’s chief executive officer Tim Cook is talking business and the future of his company in China. One of those chats involves privacy and security involves the privacy and security of users. He is currently in talks with Chinese officials. This comes just days after a web monitoring group liked the government to a hack into Apple iCloud. Cook’s visit to China … Continue reading Stock Update: Apple Inc (NASDAQ AAPL) CEO Tim Cook Talks Privacy After A Chinese iCloud Hack

Apple Inc (NASDAQ AAPL) stock went up 1.79% to $104.83, setting a new record high. The big jump comes just days after the Cupertino company reported strong fourth-quarter results. Investors have brushed aside all the negative headlines about Apple’s products in the past few weeks. There have been concerns over the iCloud account hacks, iPhone 6 Plus bending, technical glitches in Apple Pay, and widespread … Continue reading Apple (NASDAQ AAPL) Stock Highlight: Apple (NASDAQ AAPL) Stock Hits All-Time High

Nike chief executive Mark Parker has hinted at a future collaboration with Apple on a new item of wearable technology, which will be more “stealth” than existing products. Since 2006 the two companies have partnered on wearable technology, with their first attempt marked by the Nike+ running which was released in 2006 and connected wirelessly to the iPod. News of the future collaboration follows on … Continue reading Active Stock: Apple Inc (NASDAQ AAPL) And Nike Collaborating on New Wearables

Apple Inc (NASDAQ AAPL)’s chief executive officer Tim Cook confirmed his company’s plans to open up 25 retail stores in China within the next 2 years. The iPhone maker already earns 15 percent of it’s total revenue from China. China currently has 15 outlet stores. During a recent fourth quarter earnings call, Cook elaborated, “We’re investing like crazy in the market. When I look at … Continue reading Stock Focus: Apple Inc (NASDAQ AAPL) To Open 25 Stores In China By 2016