Author: JT

iPhone 6 Plus supplies dwindle and sell out in many U.S. locations

The larger size display Apple smartphone broke pre-order sales records during its first 24 hours of availability.

Within the first 24 hours of pre-orders for the iPhone 6 Plus, the Apple smartphone with the new larger display, managed to break records, and is now facing delays of three to four weeks over what had initially been anticipated.

Now the new model of Apple smartphone has also started to run low or even sell out in American stores.

Stores throughout Manhattan, not just the Apple Store, have been reporting that their stocks of the iPhone 6 Plus are rapidly fizzling out. In fact, many of them came to the point that they were sold entirely out of their stock. This was the case that was being experienced in shops across the country that have been selling this new device. In downtown Portland, Oregon, the customers who had been lined up outside the store on the day that the product was to be released were informed that the larger display smartphone was sold out even before it opened.

This is striking news, when taking into consideration that the iPhone 6 Plus isn’t selling as well as its smaller alternative.

iPhone 6 sells outThat said, despite the fact that the iPhone 6 is selling more quickly, its delay is notably shorter than the larger option. Therefore, some consumers have decided to go with the smartphone that they are able to obtain more quickly. Some are seeking to find alternative ways to obtain the larger mobile device, but – depending on location – it can feel nearly impossible for those consumers to be able to have those devices in their hand without a considerable wait period.

According to 451 Research LLC analyst, Carl Howe, in a sales forecast that they have released Apple could may have sold between 12 million and 15 million devices over the weekend. That said, another prediction, from Sanford C. Bernstein and Co. analyst, Toni Sacconaghi, it was stated in a note written to investors that it was likely that there were between 7 million and 8 million devices sold. That would place the total at just shy of the 9 million units sold last year when the iPhone 5S and 5C were released.

The reason that Sacconaghi felt that sales of the iPhone 6 Plus and its smaller counterpart would not sell as much as last year was that Apple is facing serious restrictions in China so that it cannot be included among the countries in which these mobile devices are being sold in their first wave.

Visa is evaluating its stake in British mobile payments firm Monitise

Monitise could soon be free from Visa as company evaluates its stake in mobile commerce

Monitise, a British mobile payments firm, received bad news from Visa, one of its primary shareholders, this week. Visa is evaluating its stake in Monitise and may sell off its shares in the coming months. This has sent Monitise’s stock plummeting, but the firm has partnerships with other prominent companies that could mitigate the loss of Visa as a stakeholder. Monitise has managed to garner support from consumers in the United Kingdom that are interested in mobile commerce.

Visa hires JPMorgan Chase to evaluate its options concerning Monitise

Visa is currently “considering its options” regarding its stake in Monitise. In 2009, Visa took a 14.4% stake in the firm. Together, the two companies have managed to promote mobile commerce in the United Kingdom, introducing a variety of services developed by Monitise to Visa customers. As Monitise matured, Visa reduced its stake in the firm to 5.5%. Now, Visa has hired JPMorgan Chase to evaluate its options for the future.

Visa is beginning to focus more heavily on its own mobile commerce initiatives

British Mobile Payments - VisaVisa has been putting more focus on its in-house capabilities, especially where mobile commerce is concerned. The substantial growth of Monitise has lead Visa to believe that the firm is much more capable than it had been in the past, now that it has established a commanding foothold in the UK’s mobile commerce space. As mobile commerce continues to grow more prominent throughout the country, Monitise is expected to garner more support from consumers and retailers.

Apple finds support fro Visa for its ambitious Apple Pay service

Though Visa has been focusing more heavily on its own initiatives recently, the company has shown strong support for Apple Pay. The service is the first mobile payments platform from Apple, and Visa has teamed with the company to make sure its customers can use Apple Pay to purchase products from their mobile devices. Apple is new to the mobile commerce space, so the success of its new service is still uncertain.