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Square isn't allowed at Walmart either. Point is moot and Square's dominance is in smaller businesses.

Why would it be? Square is a method of accepting payments and you won't see clerks in stores like walmart or any other that size running around with smartphones and a card reader.

Apple pay is a way of making payments, designed for stores like walmart and other stores that size so it's apple that loses in that regard, not square.

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a "greedy" player like Square ("greedy" because they didn't take Apple's $3B offer when they would be worth $6B just a few months later) out of business.

Uh, isn't greedy selling out your business and not greedy wanting to keep and run it?
 
Idiots.


Apple will crush them and they will be worth 10% of that amount.

When Yahoo had a chance to sell, they passed. Stupid.


Stupid
Stupid
Stupid

Where can I invest my money in STUPID?

Yeah dumbest ever!!!! They didn't take 3 billion for their company worth 6 billion...... With business decisions like that I'm surprised they still have a company.
 
We'll see.

I find myself doubting that iCloud drive = Dropbox.

But I'll hope right with you.


I am too, but right now I have ios8 on my iphone and can access icloud drive through my beta icloud panel and as of right now there is no app for accessing icloud contents directly on the phone. It's just that some apps can use it. If you want to access the contents you have to go to icloud with a computer. If that doesn't change that's one way it's not like dropbox. We'll see if something changes when it's officially released.

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Soon to follow Android NFC? Really???

Lol, someone has been asleep.
 
Can someone tell me why Jim Dalrymple is so arrogant?
Other analysts are guessing as much as he is, but at least they try to explain their rumours so we have as much information as they know or are willing to give us. But Jim Dalrymple is just like NO and if you don't like it, I don't care.

Because of this he is one of the worst analysts out there.

He is not an analyst. He is a journalist.

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I won't ever like him because of what he represents and his lack of morals. But that's just me. I don't really care. I just wanted to share the facts to everyone, that's all.

And where are these "facts" you are supposedly sharing?

As far as Dalrymple is concerned, after years of seeing his very accurate, one-word comments, we would have to conclude that Apple feeds him this information.

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Different name, come from different backgrounds but same end result.

Nope.
 
Why would it be? Square is a method of accepting payments and you won't see clerks in stores like walmart or any other that size running around with smartphones and a card reader.

Apple pay is a way of making payments, designed for stores like walmart and other stores that size so it's apple that loses in that regard, not square.

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Uh, isn't greedy selling out your business and not greedy wanting to keep and run it?

Go back and read the part where Apple showed square a bunch of devices that will take payments.
 
Go back and read the part where Apple showed square a bunch of devices that will take payments.

Show me where apple has introduced these devices with apple pay. That just means apple was going to add them to square unless you have proof they are going to start from scratch on a square type system. Just speculation.

If Apple was going to do this from scratch then why offer square 3 billion? Apple has clients in their eco system already built in for whatever they do, just like apple pay which is only apple devices.
 
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My local barbershop uses Square readers for digital payments. MOST of the barbers own iPhones & prob plan on getting the iPh6. I'm wondering if Paypal or another company is planning to implement payments iPhone to iPhone via NFC so their apps can cater to these small businesses. Sure hope so.
 
Why would it be? Square is a method of accepting payments and you won't see clerks in stores like walmart or any other that size running around with smartphones and a card reader.

Apple pay is a way of making payments, designed for stores like walmart and other stores that size so it's apple that loses in that regard, not square.

Was replying to the assertion that Square shouldn't fear :apple:Pay because Walmart wouldn't support it. The dots don't connect. Walmart has no connection with Square.
 
He is breaking NDA's according to you.
Call me a "regular schmuck" as much as you want. Sticks and stones . . . your insults don't hurt me.
You just said you believe he is breaking NDAs as he has inside information.

If I had the inside information he did I'd respect the NDAs and keep my mouth shut. I'm not jealous of him, I'm slightly disappointed, that Apple does nothing about him and that he keeps breaking NDAs. But in the grand scheme of things if people want to like him, that's their loss.

I won't ever like him because of what he represents and his lack of morals. But that's just me. I don't really care. I just wanted to share the facts to everyone, that's all.


Nope.
 
Time will tell if they sink of sail. I predict sink in three years. Apple pay FTW!

Less than three years. Yep. Because in the next 12-18 months, someone like Microsoft or Google will be tempted to buy out Square, as a means of being able to compete with Apple (Pay).

That's my prediction. Square will no longer exist 2 years from now. A big giant will gobble it up (one of Apple's competitors)
 
That information would be clearly covered by NDAs thus would not be allowed to be said. That's if he indeed does have inside information. We all know how tight Apple are with this sort of thing. If you are in the know inside Apple you are not even allowed to utter one word to the wrong person after you've signed that NDA. And Apple would make everyone in the know sign NDAs.

So he is either guessing or breaking NDAs.

As usual, you have no clue what you're talking about. It is unclear why you have such a hard time believing that Apple uses him and others to confirm/deny rumors in this fashion, but they do. Get over it.
 
As for Apple Pay being a better system, its two opposite ends of the stick. Square is all about allowing you to ACCEPT payments on your iPhone. Apple Pay is all about MAKING payments with your iPhone.

What makes you think Apple Pay will be limited to MAKING payments? There is no technical reasons why one iPhone with NFC couldn't send a payment to another iPhone with NFC. It's just software at this point. Trivial really.
 
What makes you think Apple Pay will be limited to MAKING payments? There is no technical reasons why one iPhone with NFC couldn't send a payment to another iPhone with NFC. It's just software at this point. Trivial really.

Bingo. Apple limiting Apple Pay to payments is like…. a Pawn Shop dealer who only wants to sell things but does not buy anything. A one-sided pawn shop like that will not survive very long.

Apple knows that the money has to go BOTH ways, make payments, and accept payments. And that's only a matter of time until Apple Pay is enabled to be a bilateral financial transaction service.
 
Is that like how Dropbox was greedy when Apple wanted to buy them? http://www.electronista.com/articles/13/11/21/dropbox.chief.says.icloud.was.direct.shot.at.dropbox/ and http://tekbloggers.com/2011/09/12/apple-tried-to-buy-dropbox-for-800m-to-help-icloud/

Apple's answer to putting Dropbox out of business was iCloud. Since, Dropbox has continued to grow and grow. I'm still waiting for much Dropbox-like functionality with iCloud.

You will see how companies will continue to merge, and those who dont will go out of business. Simply because people like to have their things all in one place, much like the Apple eco system. Eventually you will change too, when u notice how much more convenient and cheaper it will be down the road. Dropbox just lowered their price ;)

Keep your links.
 
Historically, when small competitors are merged into bigger competitors, their things don't get cheaper. Instead, there is no price competition so the big player exploits their dominance. I know. I know. Apple would never try to exploit it's dominance of anything… Apple is above letting the profit motive dominate their decision-making. :rolleyes:

More seriously, I for one don't want "all my things in one place", nor do I like it when huge, dominant players gobble up smaller competitors. Competition is good for consumers. Robust competition is key to making a capitalistic system work for the consumer end of the equation. Reducing competition is good for corporations (at consumers expense). Reducing competition retards capitalism.

A bit back in time within my family there were these things called Coal towns. The big coal company was the one employer and they ran what was called a "Company store" (the only store). They went so far as to make their own variation of currency- called scrip- see http://en.wikipedia.org/wiki/Company_scrip#Coal_company_scrip With no competition, their employees and customers had no choice but to buy from the Company Store using the Company Currency. That was what I would consider a near ultimate example of "all in one place".

Did that result in more convenience? Well, there was no competition so there was no confusion about where to shop.

Did that result in "cheaper"? Not at all. The consumers were exploited to no end because they had no choice. Even if they could get transportation to the next Coal town (or any town), the Scrip had no value outside the company store. It was known as an economic monopoly.

Personally, I'd much rather see much more competition than less. Competition yields "cheaper" and I'll gladly sacrifice some convenience for better value. But that's just me.
 
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I think 6 billion is overpriced for square. I thought they were struggling personally didn't even think their business model was working. Most POS systems are pretty inexpensive but could see square making NFC as it's next frontier in breaking down those small business barriers though I do feel the solution is probably based around hardware independence or totally digital transactions like PayPal.
 
Valuation of companies are bubble size again !

Not so long ago we had an internet bubble... looking at the valuation today... the last internet bubble was a small one!!!

Square does not have a technology that is so unique to be worth this type of amount.

Touch less payments have been around for years in Europe and they are not really taking off (except for Subway tickets) so maybe iPay will make a difference depending on how much commission they take from the banks.

Personally, I don't like to have all my eggs in one basket and having a company who knows everything about me ... now including all my payment habits and soon all my health activities is a bit too much for me ... especially when we know that they are then selling it to other companies or governments.
 
Personally, I don't like to have all my eggs in one basket and having a company who knows everything about me ... now including all my payment habits and soon all my health activities is a bit too much for me ... especially when we know that they are then selling it to other companies or governments.

I don't think Apple is keeping that information. I believe in the keynote it was said the payment information was between you and your bank. I vaguely remember that the Healthkit information was not going to Apple servers..

You are confusing Apple with Google and Facebook.
 
Not so long ago we had an internet bubble... looking at the valuation today... the last internet bubble was a small one!!!

Square does not have a technology that is so unique to be worth this type of amount.

Touch less payments have been around for years in Europe and they are not really taking off (except for Subway tickets) so maybe iPay will make a difference depending on how much commission they take from the banks.

Personally, I don't like to have all my eggs in one basket and having a company who knows everything about me ... now including all my payment habits and soon all my health activities is a bit too much for me ... especially when we know that they are then selling it to other companies or governments.

The last "internet bubble" was mainly a matter of quantity over quality. Too few companies trying to figure out how to make money without a real product or business plan. I don't pretend to know what Square is "worth," but I do know they are not a "bubble" company. They have an actual product and are growing revenue. It is also worth keeping in mind that Apple is evidently not planning on spending $6B to acquire Square, and very possibly, neither is anyone else.

Also, Apple said specifically this past week that they will not be collecting customer data through Apple Pay. They will differentiate their service from Google, where we are the product. Obviously they still need to make that more clear, and I think they will.

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I don't think Apple is keeping that information. I believe in the keynote it was said the payment information was between you and your bank. I vaguely remember that the Healthkit information was not going to Apple servers..

You are confusing Apple with Google and Facebook.

Exactly.
 
He is breaking NDA's according to you.
Call me a "regular schmuck" as much as you want. Sticks and stones . . . your insults don't hurt me.
You just said you believe he is breaking NDAs as he has inside information.

If I had the inside information he did I'd respect the NDAs and keep my mouth shut. I'm not jealous of him, I'm slightly disappointed, that Apple does nothing about him and that he keeps breaking NDAs. But in the grand scheme of things if people want to like him, that's their loss.

I won't ever like him because of what he represents and his lack of morals. But that's just me. I don't really care. I just wanted to share the facts to everyone, that's all.

Pretty sure he doesn't have a NDA with Apple to break in the first place.
 
Can someone tell me why Jim Dalrymple is so arrogant?
Other analysts are guessing as much as he is, but at least they try to explain their rumours so we have as much information as they know or are willing to give us. But Jim Dalrymple is just like NO and if you don't like it, I don't care.

Because of this he is one of the worst analysts out there.

I think you are confusing Jim Cramer with Jim Dalrymple.
 
Historically, when small competitors are merged into bigger competitors, their things don't get cheaper. Instead, there is no price competition so the big player exploits their dominance. I know. I know. Apple would never try to exploit it's dominance of anything… Apple is above letting the profit motive dominate their decision-making. :rolleyes:

More seriously, I for one don't want "all my things in one place", nor do I like it when huge, dominant players gobble up smaller competitors. Competition is good for consumers. Robust competition is key to making a capitalistic system work for the consumer end of the equation. Reducing competition is good for corporations (at consumers expense). Reducing competition retards capitalism.

A bit back in time within my family there were these things called Coal towns. The big coal company was the one employer and they ran what was called a "Company store" (the only store). They went so far as to make their own variation of currency- called scrip- see http://en.wikipedia.org/wiki/Company_scrip#Coal_company_scrip With no competition, their employees and customers had no choice but to buy from the Company Store using the Company Currency. That was what I would consider a near ultimate example of "all in one place".

Did that result in more convenience? Well, there was no competition so there was no confusion about where to shop.

Did that result in "cheaper"? Not at all. The consumers were exploited to no end because they had no choice. Even if they could get transportation to the next Coal town (or any town), the Scrip had no value outside the company store. It was known as an economic monopoly.

Personally, I'd much rather see much more competition than less. Competition yields "cheaper" and I'll gladly sacrifice some convenience for better value. But that's just me.

Good reply. But what you say would be true in a healthy world economy. What I said is what I think will most likely happen in the foreseeable future. The way everything has been developing i believe the typical customers won't be hungry for unnecessary products and services. This will lead to less sales and inevitable mergers. I do understand the possible downside of such a "monopoly" (and u made a good point with the coal mine), but without going more into detail about our fragile economy I think everything is about to change. There's from everything too many options, I literally call it production "waste", and that has no room in a world crisis. I really hope it will stay the way u put it :rolleyes: but I have serious doubt.
 
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