Apple CEO Tim Cook: Mobile payments still in their infancy
Apple doesn't seem ready to leap into the mobile payments arena, at least according to comments made Tuesday by CEO Tim Cook.
During Tuesday's conference call announcing fiscal second-quarter earnings, Cook responded to a question about mobile payments.
"I think it's in its infancy," the Apple CEO said. "I think it's just getting started. Just out of the starting block."
Reading between the lines, that likely means Apple has no plans to jump onto the mobile payments bandwagon, at least not at this point. Past rumors have continually suggested that the company … Read more
