Apple’s iPad and Apple Pay

October 17, 2014 0 Comments

apple-tim-cook-ipad-airToday Apple has just unveiled their newer iPad models and I can’t say that the markets were too excited for this one. If the iPhone 6 and 6 Plus was something to anticipate, you could say that the tablets were the exact opposite of that. In fact, lets just say that if there was a way to get my 90 minutes back from watching this webcast, I would. Instead, we are just stuck with two vaguely similar Apple tablets, the iPad Air 2 and the iPad mini 3. I feel like we are having Déjà vu all over again.

What exactly is new about the iPad Air? That is a very good question. First, we can start off by with the overall price. The iPad Air 2 16GB model starts off around the $499 price range, which is a $100 dollar jump from the previous model. Similar to the iPhone 6, it no longer supports the 32GB models like before, so the only choices are between the 16GB, 64GB, and 128GB. Keep in mind, this is just for the Wifi only model. As usual, the Wifi + Cellular models are much more pricey.

Aside from just an increased price, there are more specs involved. I’m not going to bore anyone with details they may not understand, so here is a basic summary of what you need to know:

  • 6.1 mm thick and 18% narrower making it the lightest and thinnest iPad ever produced.
  • New iPad Air 2 is integrated with the Touch ID, making it more secure and easer to unlock your iPad.
  • Anti-Reflective coating makes it 56% less reflective than its predecessor.
  • First device to run the A8x chip, making it the fastest Apple mobile device in the catalog.
  • 8 Megapixel iSight Camera installed.
  • 1.2 FaceTime HD Front Camera.
  • 20 more LTE strains.
  • Interchangeable Wireless Support.

While all of this might sound great, there is only one problem with this: all of these features are too reminiscent of an iPhone 6.  As a matter of fact, it is an iPhone 6. It’s just much, MUCH larger than an iPhone 6. All of the similarities between the iPhone 6 and the iPad Air 2, I don’t see any reason why anyone with an iPhone 6 Plus would just stick with that instead of getting an iPad. Also, I see very little reason to get an iPad mini, either. The device came with very few spec bumps, if any. In fact, the only difference between a mini 2 and a mini 3 was the Touch ID integrated inside. Other than that, the iPad mini is just the same.

I’m not the only one the keynote failed to impress. Apple (AAPL) shares fell -1.31% on the day, and sank even lower during extended trading hours.
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But on a positive note, we have learned that the highly anticipated new mobile payment system, Apple Pay, will be launching on Monday, October 20th. Tim Cook has also announced that 500 more banks has been added into their support platform since it was unveiled last month. Aside from OX Yosemite (which also released today), I am really excited about this new Apple Pay system. Apple Pay has the potential to succeed where Google Wallet failed.

Why do I say that? Well, Google Wallet and Apple pay are build around the same concept using the same technology, NFC (Near Field Communication), however, Apple Pay is much more convenient to use than Google Wallet. Google Wallet requires that users enroll in their mobile system program. Once users have paired their credit cards and debit cards to the Google Wallet system, Google sends the user a physical card in the mail. This means that the users had to work in order to take advantage of the system and you are forced to use the card Google issues. However, Apple Pay works with the credit/debate card information stored on the iTunes account, which is already being used by hundreds of millions of Apple users. Also, you have the ability to use any credit/debit card that you like.

As for the added security, we will see how secure it really is once it launches next week. For now, Apple supplier, NFC chip supplier NXP Semiconductor (NXPI) is surging on the news and finally the users will get an opportunity to try it out for themselves.

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