A new study from the the Pew Research Center’s Internet & American Life Project has found almost two-thirds of respondents believe that cash and credit cards will have almost been eliminated by payments via a ‘smart device’ in 2020.
However, the remaining 33% of respondents believed that fears about NFC security and personal information would limit the spread of digital money.
Intel Corporation has reported quarterly revenue of $12.9 billion and net income of $2.7 billion.
Revenue was down 7% from the previous quarter (and the same as Q1 2011) but was better than expectations.
In this week’s podcast from The Fonecast we start by discussing Nokia’s results warning and Sony’s job cuts.
However it’s not all bad news, with the roll-out of Barclays Pingit and Google’s latest figures providing some cheer.
Mark Bridge writes:
There’s some kind of patent-related mobile technology story in the news most weeks. Whether this is the result of an innovation slow-down or the disruptive effect of newcomers on ‘traditional’ mobile manufacturers, there’s no denying it’s causing problems for many companies.