Tag: iphone 6

Australians planning to purchase a new iPhone could avoid bank fees

The new iPhone 6 may have an impact on bank fee revenue in Australia, according to a report from Roy Morgan Research. The report shows that more than 1.5 million consumers throughout Australia have plans to purchase an iPhone within the next 12 months. While buying a new mobile device would not usually affect banking revenues, the new iPhone will serve as a mobile payments platform, supported by the Apple Pay service. The service could do away with banking fees entirely.

Report shows that many people planning to buy a new iPhone are already aware of mobile payments

The report shows that many people planning to purchase a new iPhone are already familiar with mobile payments. An estimated 29.4% of consumers in the country make a mobile payment regularly throughout any given month and these people are likely to embrace Apple Pay with enthusiasm. Many financial institutions are supporting the new payment service, but in doing so they may see reductions in the revenue they acquire through fees.

Younger consumers may be more apt to use Apple Pay

Those planning to make use of the Apple Pay service in Australia are also considered to have a “high spend potential.” The report shows that many of these people have a higher than average household income, but are not necessarily knowledgeable about mobile commerce. Younger consumers are expected to use the Apple Pay service more regularly, while older consumers may favor traditional commerce platforms that they have become quite comfortable with.

New mobile commerce services allow consumers to avoid bank fees

Mobile payments are becoming more common throughout Australia and the demand for mobile services is on the rise. Banks are beginning to accommodate this demand by offering their support to services like Apple Pay, but in doing so these banks may be exposing themselves to new risks. One of these risks involves a drop in fee revenue. Services like Apple Pay often allow consumers to avoid certain services offered by banks, which allows people to also avoid bank fees.

An iOS 8 update has been pulled after new software caused dropped calls.

After releasing its newest version of its iOS 8 Apple software earlier this week, the electronics giant had to withdraw its mobile update when a great number of its iPhone customers experienced a loss in cellular service, preventing them from making calls with their smartphones.

Some customers even reported the Touch ID feature stopped working due to the update.

While most iPhone users who downloaded the update experienced a drop in calls, some complained that the Touch ID feature, the fingerprint reader, would also not work. In a statement, Apple said that it has received reports of these issues linked to the latest mobile operating system update, which is known as iOS 8.0.1. However, the company did say that customers can still use iOS 8 in spite of the issue.

Trudy Muller, a spokesperson for Apple said that “We are actively investigating these reports and will provide information as quickly as we can.” Muller added that “In the meantime, we have pulled back the iOS 8.0.1 update.”

Since its release, the iOS 8 Apple software has had more than one problem.

According to data from analytics firm Crittercism Inc., iOS 8 causes apps to crash roughly 3.3% of the time. To put this into greater perspective, compared to last year’s version of iOS, the latest version crashes apps 67% more. Since its release last week, popular applications from Dropbox and Facebook have been failing regularly and the company had to delay the release of its HealthKit apps – the company’s much anticipated health and fitness-monitoring application – due to unexpected software bugs. Customers have also said that they have had to delete data such as apps, videos and photos from their phones to make space for the latest software.

Frank Gillett, a Forrester Research analyst said, “that’s the danger with all these updates: if you get it wrong, it goes wrong big, bad and fast.” Gillett added that “There’s a fundamental question of how it got out in the first place.”

iOS is the Apple software that powers all of the company’s mobile devices, including the iPhone, the iPad and the iPod Touch. It is estimated by Apple Inc. that as many as 46% of devices that connect to its App Store run iOS 8.