In 72 hours, Apple Pay is already the wireless payment leader in the US

Paying with your phone still feels fancy, and at WSJD Live today, Apple CEO Tim Cook explained that the company has already registered 1 million customers. Compared to say, iPhone sales, it might not seem all that impressive, but Cook added that Visa and Mastercard apparently said that if you summed up everyone else in the contactless payment market together, these numbers make Apple number one in wireless payments. Already.

Nicole Lee contributed to this story.

Filed under: Cellphones, Mobile, Apple

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T-Mobile’s John Legere Talks Apple SIM, iPhone 6 Demand, and Landing the iPhone

T-Mobile CEO John Legere today took the stage at Re/code‘s Code/Mobile event in Half Moon Bay, California, where he spoke on the new Apple SIM, demand for the iPhone 6 Plus, and the importance of selling the iPhone.

According to Legere, the launch of the iPhone 6 and 6 Plus was T-Mobile’s biggest phone launch the company had ever seen, and Legere called demand for the iPhone 6 Plus “mind blowing.” He said that it skewed very differently from what the company anticipated, and while he couldn’t comment on the current demand ratio, he said at one point it was around 55/45 rather than the 75/25 or 80/20 projected in favor of the iPhone 6. Legere said that while the backlog is coming down, it will be awhile before the company is able to provide devices to everyone.

While on stage, Legere sorted out much of the confusion surrounding the Apple SIM, which is designed to allow users to easily switch from carrier to carrier with their iPad Air 2 or iPad mini 3. According to Legere, when bought from Apple, the SIM card in the iPad Air 2 and the iPad mini 3 offers customers complete flexibility, letting them choose Sprint, T-Mobile, or AT&T.

iPad Air 2 and iPad mini 3 devices that Apple sent to T-Mobile and AT&T for sale include Apple SIMs that are pre-coded to each carrier, which means the SIM cards can’t be used interchangeably. Because the iPads purchased directly from Apple are usable with any participating carrier (Verizon has opted out), Legere recommends that users purchase the iPad Air 2 and the iPad mini 3 directly from an Apple Store.

Apple SIMs from an iPad Air 2 or iPad mini 3 purchased from the Apple Store and then associated with a T-Mobile plan will remain unlocked and usable with other carrier plans, but an Apple SIM activated on an AT&T plan will be permanently locked to the carrier, requiring a new Apple SIM if a user wants to switch plans.

John Legere also commented on the importance of the iPhone, stating that “[a] store without the iPhone is sh*t,” and attributing much of T-Mobile’s recent success to its partnership with Apple. Legere noted one of his tasks upon taking the reins of T-Mobile two years ago was to do whatever it took to land the iPhone, and he accomplished it, noting that he was willing to “get down on his knees” to make a deal happen.

Just ahead of Legere’s appearance at Code/Mobile, T-Mobile announced its Q3 2014 earnings, noting that it saw its biggest growth quarter in the company’s history. T-Mobile added 2.3 million customers during the quarter (1.4 million postpaid net adds), with revenue up 10.6 percent to $5.7 billion. T-Mobile also announced that it hit its LTE goals for 2014, bringing LTE service to 250 million customers.

Since 2013, T-Mobile has been on a quest to revamp the mobile industry with a series of Un-carrier initiatives that have thus far seen it uncoupling device fees from service charges, encouraging customers to switch to T-Mobile by paying early termination fees, offering a JUMP! upgrade plan, providing unlimited texting and 2G data in 100 countries, letting customers test drive an iPhone at no cost, offering free streaming music, and bringing Wi-Fi calling to all T-Mobile customers with compatible devices.

Tim Cook on Apple Watch: ‘You’re Going to Wind Up Charging It Daily’

Apple CEO Tim Cook took the stage today at the WSJ.D conference in Laguna Beach, California, where he commented on an array of topics including the Apple Watch, Apple Pay, Apple TV, and more.

Unsurprisingly, Cook said that Apple is “excited” about the upcoming launch of the Apple Watch, and he’s impressed that Jony Ive and his team had the foresight to understand that “something you wear has to be personal” and that it can’t be “geeky.”

Cook divulged some new information on the Apple Watch’s battery, which has previously gone unmentioned by Apple. Cook says that people will use it so much that it will need to be charged on a daily basis. “You’re going to wind up charging it daily,” he said, declining to provide a specific battery life for the device as Apple is still examining how people use it.

Battery life on the Apple Watch has been in question since long before the device launched, with early reports suggesting Apple was having trouble getting the device to last longer than a day. While the company was originally aiming to have the Apple Watch last three to four days, it appears that battery life may be closer to the iPhone’s battery life, requiring a charge on a nightly basis. Apple employees have also suggested that the device may only last for a full day of usage, which is why Apple designed an easy charging system.

The Apple Watch connects to a magnetic charger that’s much like the MagSafe chargers supplied with the Mac, snapping easily to the back of the device. High-end versions of the Apple Watch even ship in a luxury box that doubles as a charging stand. Apple likely has not commented officially on the Apple Watch battery as it is continuing to finalize the software for the device ahead of its early 2015 launch.

An official rough transcript of Cook’s comments during the interview, which also covered the Mac, the iPhone, Apple’s taxes in Ireland, plans for a low cost iPhone, and Cook’s thoughts on Carl Icahn, can be found over at The Wall Street Journal, and a second comprehensive live blog from Fast Company‘s Harry McCracken also has details on exactly what Cook shared during the conversation.

Tim Cook on iPod Classic: ‘We Couldn’t Get the Parts Anymore’ [iOS Blog]

During the Q&A portion of his interview at the WSJ.D conference tonight, Tim Cook was asked about the iPod classic, which was finally discontinued last month five years after its last update.

Cook said Apple primarily stopped making the device because it was no longer possible to source the necessary parts from anywhere in the world. Apple does not have plans to reintroduce the iPod classic due to a shrinking audience and the engineering costs that would be needed for a new version, but Cook pointed towards the iPod touch, which has almost the same amount of storage space, as a viable option.

Observers had speculated Apple was waiting for a 128 GB iPod touch before discontinuing the iPod classic, but while the iPhone and iPad have gained 128 GB options, the iPod touch has yet to do so. Still, with Apple unable to source parts for the iPod classic, the company was left with no choice but to end sales of the descendent of the original iPod.

The iPod classic’s 1.8-inch hard drives were typically supplied by Toshiba, with the last generation using a 160 GB drive. Toshiba launched a 220 GB version in early 2011 that gave some hope the iPod classic might receive an update, but one never came to pass and Toshiba has long since discontinued its entire line of 1.8-inch hard drives.

Apple Had More Than 1 Million Card Activations During First 72 Hours of Apple Pay

During the first 72 hours that Apple Pay was available, Apple saw more than one million credit and debit card activations, according to Apple CEO Tim Cook who took the stage today at the WSJ.D conference in Laguna Beach, California.

Cook himself told the audience that he used Apple Pay himself at Whole Foods after the service launched, commenting on how easy it was. “You’re no longer fishing for your credit card,” he said. “It’s the first mobile payments system that’s easy, secure, and private.”

According to Cook, the early ramp of Apple Pay “looks fantastic,” and though it’s only been available for a short time, Apple Pay accounts for more mobile wallets in the U.S, than all other mobile payment options combined.

During the interview, Cook commented on CVS, Rite Aid, and other retailers’ decisions to opt out of Apple Pay, saying that “over the long arc of time” retailers will need to do what shoppers want. Ahead of launching Apple Pay, Cook says Apple looked at multiple other payment solutions available on the market and didn’t find any of them to be easier than using a wallet.

Retailers, he believes, will ultimately adopt Apple Pay because it’s the more secure option, able to prevent fraud incidents like the breaches experienced by Target, Home Depot, Staples, and more, in recent months. Cook reiterated that Apple Pay is secure and that Apple is not collecting data on its customers. “We’re not big brother. We’ll leave that to others.”

Cook also commented on Apple’s wider privacy policy, saying “Your data is yours” and reiterating that Apple is not in the business of monitoring its users. Apple does not keep iMessage data or retain search history.

“If law enforcement wants something, they should go to the user to get it,” he said. According to Cook, it is up to users, not Apple, to choose whether or not it’s okay for the government to access their data. “We’re designing a Fort Knox kind of thing.”

During the interview, Cook also spoke on the Apple Watch, stating that he expects users to will need to charge it on a daily basis, and he commented on the iPod classic, revealing that the company could no longer source parts for the device. An official rough transcript of Cook’s comments during the interview can be found over at The Wall Street Journal.