Apple’s earnings outlook has been lackluster this year, largely thanks to a slowdown in sales of iPhones, a major revenue driver for the tech company. As Apple reports its fiscal Q4 earnings this week, how the iPhone 7 is doing will likely be top of mind, but the company is also making moves in the growing mobile payments market.
Using a mobile phone to pay for a purchase at the physical point of sale is by no means common in the US. But as more people upgrade to smartphones with built-in mobile wallets and as merchants’ acceptance of mobile payment technology grows, the number and total value of such payments will continue to record large gains through 2020.
Amazon Wants to Bury Hachette by Offering 100% of E-Book Sales to Authors Amazon has offered to give authors 100% of the sales price of all Hachette e-books sold until its standoff with Hachette is resolved.