That little iPhone in your pocket is perfectly positioned to become a clone of the credit cards in your wallet or purse. And Apple can thank the music purchases on the iPod if and when it pulls this off.
On Monday at the Apple Worldwide Developers Conference, Timothy Cook, Apple’s chief executive, shared a number of impressive statistics about the Apple iTunes Store. There are 650,000 applications, 225,000 of which are specifically made for the iPad. To date, 15 billion apps have been downloaded from Apple, too.