Last month, PayPal teamed with Discover Financial Services
Earlier today, Groupon
Is this a win for Groupon or a loss for Apple? Honestly, I'm not sure, so let's consider what we know. First, we know mobile payments are catching on. Google
Second, Apple doesn't have a de facto payments platform for anything, let alone the iPhone. PayPal and now Groupon are working to fill the gap. A consortium of retailers led by Wal-Mart
Why aren't Apple investors more concerned about this? History may hold the answer. Apple is rarely first or even best with its products. Instead, the company focuses on developing a tightly woven ecosystem of goodness that makes accomplishing tasks simple. The Mac maker's developers may still be working on cracking this code when it comes to mobile payments.
Taking a bite of the Apple
This and other issues notwithstanding, Apple remains one of the world's best-positioned companies. If you're thinking of buying (or already own shares), now's a great time to sign up for our premium research service. You'll get a complete rundown of everything you need to know about the Mac maker plus a bonus iPhone 5 report with ideas for profiting from the new device. Sign up today and enjoy free updates for a year.
Fool contributor Tim Beyers is a member of the Motley Fool Rule Breakers stock-picking team and the Motley Fool Supernova Odyssey I mission. He owned shares of Apple and Google at the time of publication. Check out Tim's Web home, portfolio holdings, and Foolish writings, or connect with him on Google+ or Twitter, where he goes by @milehighfool. You can also get his insights delivered directly to your RSS reader.
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