Have you ever heard the expression, “The straw that broke the camel’s back?” #-ad_banner-#It describes the point when a small or ordinary event causes a disproportionate result. Malcolm Gladwell calls it the “tipping point” in his famous book of the same name. You see, most of us like to think change happens slowly, that only time and strenuous labor make big things happen. But a new development from Apple has quietly set the stage for a potential $11 trillion market to come flooding into the pockets of a few… Read More
Have you ever heard the expression, “The straw that broke the camel’s back?” #-ad_banner-#It describes the point when a small or ordinary event causes a disproportionate result. Malcolm Gladwell calls it the “tipping point” in his famous book of the same name. You see, most of us like to think change happens slowly, that only time and strenuous labor make big things happen. But a new development from Apple has quietly set the stage for a potential $11 trillion market to come flooding into the pockets of a few lucky credit card companies — and it could begin as soon as 2017. Once considered too remote to be tapped, this huge market is just waiting to break open under the weight of Apple’s recent move. In a previous StreetAuthority.com article, we talked about Apple Pay, which enables consumers to buy goods with a simple tap of their phone. We detailed how near field communication (NFC) chips now allow smartphones and cash registers to communicate, making cash and credit cards obsolete. In fact, just last year I predicted this shift in my… Read More