Apple CEO Tim Cook told the official Xinhua news agency in an interview on Tuesday that he is very bullish on Apple Pay in China. The payment service was introduced in the US last September and, according to Apple, quickly began handling more transactions than all other contactless payment methods combined. In the interview, Cook said he believes the payment service could take off even faster in China.
Speculation continues to mount that Apple will release a new service that will change the future of TV, as opposed to a new piece of hardware. Former CEO Steve Jobs and current CEO Tim Cook have both shared their views that the current TV system is antiquated and provides a huge opportunity. Analysts now believe that Apple will introduce a service through its set top box that offers a content package at its World Wide Developers Conference.