SEEDS OF APPLE’S NEW GROWTH IN MOBILE PAYMENTS, 800 MILLION ITUNE ACCOUNTS $AAPL $FB $TWTR
During Apple’s (AAPL) earnings conference call on Wednesday, it was revealed that Apple now has about 800 million iTunes accounts. CEO Tim Cook described it as “staggering.” This is an impressive achievement considering that at the end of the June 2013 quarter iTunes had 575 million accounts. Cook stated