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Apple’s earnings beat has some analysts worried it was too impressive or something
Apple’s earnings beat has some analysts worried it was too impressive or something
“Apple’s forecast-beating earnings Tuesday left some analysts worried it’s selling too many of its lower cost iPhone SE model and needs to diversify its current portfolio of smartphones,” Matt Clinch reports for CNBC.
“‘Margins went down, they sold a lot more iPhones SE than they had expected to, and Apple needs to be very careful of that,’ Moor Insights & Strategy’s Patrick Moorhead…
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Rambus showcases RB26 DDR4 DIMM chipset at IDF 2015
Rambus showcases RB26 DDR4 DIMM chipset at IDF 2015
Rambus is showcasing its new server memory interface chipset at IDF 2015 in San Francisco. RB26 – for RDIMMs and LRDIMMs – is designed to deliver industry-leading performance and capacity for both the enterprise and data center server markets.
“RB26 is actually the first in a family of R+ chips,” said Samira Naraghi, a marketing director at Rambus.
“It is an enhanced, JECEC-compliant memory…
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Apple, retailers at odds over mobile payments
An Apple ifone 6 bein uset wit Apple Pay.(Photo: MasterCard)Wen retailers CVS an' Rite Aid disablet access ta Apple Pay ov'r t'weekend, t'cumpnys kickd a consum'r hernet’s nest.Onry custom'r tweets fallerd t'sudde shutdown Sundy, wit sum Apple Pay users impleeyun' thay would stop shoppin...
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New Post has been published on http://www.brianbrown.net/2014/10/27/apple-retailers-at-odds-over-mobile-payments/
Apple, retailers at odds over mobile payments
An Apple iPhone 6 being used with Apple Pay.(Photo: MasterCard)When retailers CVS and Rite Aid disabled access to Apple Pay over the weekend, the companies kicked a consumer hornet’s nest.Angry customer tweets followed the sudden shutdown Sunday, with some Apple Pay users implying they would stop shopping at the pharmacies. Some analysts feel this brief and perhaps inadvertent exposure to Apple’s near-field communications (NFC) payment model may lead to these chains’ inevitable acceptance of the new payment system.”It could get ugly for CVS and Rite Aid if consumers are asking for Apple Pay,” says Patrick Moorhead of Moor Insights Strategy, adding that the more iPhone 6 models that move into circulation, the more pressure there may be to adopt Apple Pay.”What’s more, if (CVS and others) consider getting rid of their NFC readers for scanners, they would also be eliminating the opportunity to use PayPal and Google Wallet,” he says. “Ultimately, they could consider offering customers both options.”The national pharmacy chains are among several companies joining forces on the Merchant Customer Exchange (MCX), a network of retailers banding together to launch their own mobile payments service, CurrentC, which could become a potential rival to Apple Pay.For retailers, the goal of CurrentC is to avoid credit card processing fees, which generally amount to 2% to 4% of each individual transaction, says research firm eMarketer.”You could argue it’s really a solution for them,” says eMarketer financial analyst Bryan Yeager. “It’s not so much a solution that’s targeted at the customers.”Over the weekend, CVS reportedly followed Rite Aid in shutting down support for Apple Pay, which launched last week. “At this time, CVS/pharmacy cannot accept Apple Pay or other mobile payments that use NFC technology,” the company said in a statement. “We are in the process of evaluating mobile payment options for our customers.”In a separate statement, Rite Aid said they are “still in the process of evaluating our mobile payments options.”Apple Pay uses NFC technology to process contact-less payments. Users hold an iPhone 6 or iPhone 6 Plus next to a sensor that automatically processes the payment.”The feedback we are getting from customers and retailers about Apple Pay is overwhelmingly positive and enthusiastic,” Apple said in a statement. “We are working to get as many merchants as possible to support this convenient, secure and private payment option for consumers.”CurrentC uses quick response (QR) codes to handle payments in store. When a user is ready to pay, they pull up the CurrentC app to either scan a QR code from the cashier or vice versa. Users can also opt to type in a PIN code.CurrentC boasts several high-profile retailers as supporters, including Best Buy, Target and Walmart. Before Apple Pay launched, some MCX retailers started disabling NFC features in stores, says Yeager, ahead of next year’s CurrentC rollout. And it’s likely more outlets backing CurrentC will cut off NFC support.”It’s incumbent upon them to do a good job of driving consumer adoption with their own mobile wallet,” says Yeager. “If they don’t, and people prefer to use something like Apple Pay, maybe they’ll capitulate.”Ultimately, the sheer ease of Apple Pay use — your iPhone 6 can even be asleep and simply moving it near a store’s NFC’s reader will make the transaction go through — makes it tough competition, says Sterne Agee analyst Tom McCrohan.”That part is so incredibly important, especially when you consider that past (mobile payments systems) have failed essentially due to inconvenience,” he says. “Customers have essentially said, if it’s not easier than me swiping my credit card, I won’t use it. Apple Pay addressed that.”
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Apple, retailers at odds over mobile payments
An Apple ifone 6 bein uset wit Apple Pay.(Photo: MasterCard)Wen retailers CVS an' Rite Aid disablet access ta Apple Pay ov'r t'weekend, t'cumpnys kickd a consum'r hernet’s nest.Onry custom'r tweets fallerd t'sudde shutdown Sundy, wit sum Apple Pay users impleeyun' thay would stop shoppin...
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VIDEO: Michael Dell Beat Icahn, Now He's Reinventing PC Stalwart
Michael Dell was in a jocular and feisty mood – and who could blame him? It had been several months since he’d wrested control of the company he founded 30 years ago in his college dorm from ferocious corporate raider Carl Icahn. And the buoyant Dell had just received word that his iconic company was expecting its sixth straight quarter of growth in PC market share. In a rare, extensive interview last week with USA Today, the normally low-key Dell said, “I won. It’s over.
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Jim Lucas & Patrick Moorhead
The DRAFTFCB INNOVATION SUMMIT brings together two of the most sought after voices in Shopper Marketing: Jim Lucas (EVP, Global Director, Retail Insight and Strategy DRAFTFCB Chicago), the acknowledged founder of the science of retail ecology, and Patrick Moorhead (SVP, Group Managing Director – Mobile DRAFTFCB Chicago), one of the most innovative thinkers on how Shopper Marketing and technology intersect. They will join forces for an exclusive session focusing on helping brands and retailers build value, create engagement with their customers and drive incremental sales.
LE SOMMET INNOVATION DE DRAFTFCB mettra en vedette deux des personnalités les plus respectées dans le domaine du marketing consommateur 2.0. Le premier, Jim Lucas (Vice-président exécutif, Stratégie et Commerce de détail chez DRAFTFCB Chicago), fondateur de la science du commerce de détail écologique. Le second, Patrick Moorhead (Vice-président Stratégie et directeur de groupe – Mobilité chez DRAFTFCB Chicago), l'un des penseurs les plus novateurs sur le plan de l’interaction entre la technologie et le marketing consommateur 2.0. Ils uniront leurs talents pour une rencontre exclusive qui mettra l’emphase sur la façon d’aider les marques et les commerçants à bâtir une image de marque, créer une fidélité et accroître les ventes.