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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Doren who wrote (168872)4/25/2014 4:13:40 AM
From: Ryan Bartholomew  Read Replies (1) | Respond to of 213176
 
You are arguing that the market is rational.
What I'm arguing is there is a certain amount of irrational people who will buy if shares are cheaper. In fact several were interviewed on Nightly Business Report tonight.
Are you saying there will be more irrational buyers of Apple's stock?



To: Doren who wrote (168872)4/25/2014 10:43:02 AM
From: Moonray4 Recommendations

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  Respond to of 213176
 
Apple Will Soon Be the Way You Pay Online and Beyond

The most impressive number from Apple’s earnings call this week wasn’t how many iPhones it sold or
how much money it made. Those numbers are monstrous quarter after quarter. More striking was CEO
Tim Cook’s revelation that about 800 million people now have accounts on Apple’s iTunes service. And
most of those accounts are tied to credit cards.

That number is astonishing — by comparison, Amazon.com has some 237 million active customers —

and it could point toward a new Apple future. As countless rumors hint at the imminent arrival of new
Apple products — rumors Cook did nothing to confirm or dispel — the company’s credit-card trove means
one new tool is almost inevitable: a payments service. Apple may soon become a way you pay for all
sorts of stuff across the web, inside mobile apps, and maybe even as you walk to the counter at a
brick-and-mortar retail store.

Yes, there are other payment services. PayPal. Google Wallet. Bitcoin. But Apple is in a unique position.

Like Google, it controls the phone. But unlike Google, it has been busy collecting credit card numbers for
more than a decade.

More at: wired.com

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