Apple Inc (AAPL) In A Skirmish With Retailers: Tim Cook

The WSJD event gathered the news-makers who conquered the world with their brilliance of mind. Apple Inc. (NASDAQ:AAPL)’s Tim Cook and Alibaba Group Holding Ltd (NYSE:BABA)’s Jack Ma took the stage to relate their company’s activities. CNBC reported parts of the speeches referring to Apple Pay and Yun OS, which promises to keep Google Inc (NASDAQ:GOOGL) restless.

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As we know, the latest payment method introduced in the recently launched Apple Inc. (NASDAQ:AAPL) products is one of the most secure and easy forms of performing transactions, but not all the merchants are inclined to partake into the system.

“I think it’s a skirmish. We’ve started last month, they’ve been at it for a week and I follow these numbers pretty closely. In the first 72 hours we’d gone over the one million mark on activations of credit cards,” said Tim Cook.

Obviously, it’s not that big of a setback for the Cupertino, California-based tech superstar, however, as Cook pointed out, it will hinder the advance of Apple Pay into all the services customers might have interest for. It will take a while till Apple Inc. (NASDAQ:AAPL)’s somewhat disruptive innovation will root into the market. On the other part of the globe, ‘Yun’ Operating System, which would translate as ‘cloud’ in English will power many mobile devices in China and it might step on Google Inc (NASDAQ:GOOGL)’s turf, but it’s not a direct threat for the search demi-god.

“Google does not work pretty well with Chinese government. So that makes the engine disable stuff and that cannot make Chinese users use smoothly. A lot of services Chinese people cannot use. So, we need to work on that,” said Jack Ma.

Consequently, the story is more about how to make things work in China in the same manner as Google Inc (NASDAQ:GOOGL)’s been doing for the rest of the world. Due to regulatory circumscriptions, the tech giant has its hands tied in the region, but people want and need quality services to be provided and this is where Jack Ma sees he should get involved.

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