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Wearable payments have a future: Apple sold more watches than the entire Swiss watch industry last year. Tim Cook said Apple could not make enough Watch Series 3 devices to keep up with demand.

10 februarie 2020

The tech group is estimated to have shipped 30.7m of its smartwatches in 2019, compared to 21.1m for all Swiss watch brands combined. The figures represent a 36 per cent increase in the sale of Apple watches, compared to a 13 per cent decline for Swiss watchmakers.

The onslaught has even led traditional watchmakers to launch their own brands of smartwatch, the report from data and business consulting firm, Strategy Analytics said.


In the three months to December Apple’s ‘wearable’ category, which includes its watches and wireless headphones called Airpods, grew by 27 per cent year-on-year to £7.7 billion.

Boss Tim Cook said Apple could not make enough Watch Series 3 devices to keep up with demand. ‘Traditional Swiss watch makers are losing the smartwatch wars,’ the report added.

On Apple Watch Series 3 and later, you can add up to 12 cards on a device. On earlier models, you can add up to eight cards on a device.

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Anders Olofsson – former Head of Payments Finastra

Banking 4.0 – „how was the experience for you”

So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”

Many more interesting quotes in the video below:

Sondaj

In 23 septembrie 2019, BNR a anuntat infiintarea unui Fintech Innovation Hub pentru a sustine inovatia in domeniul serviciilor financiare si de plata. In acest sens, care credeti ca ar trebui sa fie urmatorul pas al bancii centrale?