Samsung received estimated $683M payment from Apple in Q2, still projects 56% decline in profits

Samsung on Friday released a bleak earnings forecast for its second fiscal quarter of 2019, projecting operating profits more than halved from last year due to ongoing weakness in the company’s bread-and-butter memory chip business. AppleInsider – Frontpage News

CVS introduces ‘CVS Pay’ barcode-based payment platform as it continues to resist Apple Pay

CVS today joined Walmart in continuing to resist Apple Pay, instead launching its own mobile payments solution. In a press release, CVS officially announced CVS Pay, a barcode-based solution to paying for goods and prescriptions in the company’s retail locations. more… Filed under: Apple 9to5Mac

Apple Pay/contactless payment users are better tippers – Square data

Data from businesses using Square’s mobile payment terminal revealed that those using Apple Pay and other forms of contactless payment are better tippers than those using conventional cards. The company found that while 67% of swipe card customers added a tip, the number jumped to 73% for NFC payments. more… Filed under: Apple 9to5Mac