Tim Cook calls mobile payments 'a big opportunity,' one of the prompts to Touch ID

Tim Cook calls mobile payments 'a big opportunity,' one of the prompts to Touch ID

Mobile payments were a thought behind Touch ID

Apple's old staples are selling well enough, but questions always swirl about what "one more thing" Cupertino has planned next.

One of the most recent reports about a possible area of interest for Apple is the mobile payments space, and CEO Tim Cook brushed on the topic during the company's earnings call today.

Cook, who refrained from levying the call's opening remarks as he normally does, replied to an investor question about mobile payments that it's an area "we've been intrigued with, and that was one of the thoughts behind Touch ID."

Though he said there's nothing to announce today, he noted plenty of commerce travels through Apple's devices and services. He said of mobile payments: "It's a big opportunity on the platform."

Apple into the future

As for future tech, executives on the earnings call played their cards very close to the vest.

Oppenheimer said in prepared remarks that Apple is investing heavily in R&D for future products and services, though he didn't elaborate. Corporate Controller Luca Maestri also teased that the company is investing "in areas that are not visible," adding the company is "very excited about them."


Source : techradar[dot]com

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