Even as Apple Inc. (AAPL) ‘Pay’ Users Grow, Why is ‘Watch’ Release Delayed?

Apple ‘Pay’ for iPhone 6 users is the latest entrant in the emerging industry of digital payment methods.
Apple’s iTunes/App Store’s formidable secured virtual payment gateway will now be extended to Apple device owners to make payments to third parties. Apple device users continue to experience secure payment processing linked to their credit cards.

With the ‘Pay’ feature, Apple device owners will now have the convenience of using the same platform to pay for services and utilities outside of Apple’s products as well.

Apple Pay: Industry captains sing praise

Across the smartphone industry, the ‘Pay’ feature introduced on the new range of iPhones 6 has been receiving a lot of attention. Industry experts believe that the convenience and the secure platform that it offers consumers will soon prove to be a disruptive service in digital payment mode.

Recently, Visa Chief Executive Charles Scharf acknowledged his experience with Apple Pay, signifying the increase in the use of the smartphone as a payment device as well.

Watch release is further delayed?

Separately, there were unconfirmed news of further delay in Apple Inc. (NASDAQ:AAPL) ‘Watch.’ According to news sourced by Apple-based 9to5Mac.com, Senior Vice President Angela Ahrendts of retail as well as online sales conversation, via internal emails with employees was indicative of the delayed launch.

Apparently in a statement on Sunday Ahrendts, in a video message discussed with her employees that “We’re going into the holidays, we’ll go into Chinese New Year [on Feb. 19], and then we’ve got a new watch coming in the spring.” 9to5Mac.com substantiated its report on the delayed launch, on the basis of this conversation.
Apple Inc. (NASDAQ:AAPL) has been in the news for several quarters now with its ‘Watch’ launch dates, and subsequent postponement.