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4 key takeaways (and 1 non-news tidbit) from Apple CEO Tim Cook's WSJD talk

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Apple doesn't make a habit of revealing major news at other company's conferences, but that doesn't mean Tim Cook's appearance at WSJD Live had nothing noteworthy to speak of.</p><p>
In typically coy fashion, Apple's CEO hinted at future plans, gave status reports on current products and explained the company's overall strategy. Here are some of the major takeaways, plucked from the Wall Street Journal's liveblog (http://blogs.wsj.com/digits/2014/10/27/apples-next-chapter-a-qa-with-tim-cook-live-blog/) of the conversation.</p><h2>A solid-sounding start for Apple Pay</h2>
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Apple's new payments service launched on October 20, and Cook said users activated 1 million credit cards in the the first 72 hours (http://www.macworld.com/article/2839712/tim-cook-to-explore-tieup-with-chinas-alibaba-on-apple-pay.html). The number sounds impressive, and Cook said the early ramp-up looked “fantastic,” but keep in mind that Apple sold 39 million iPhones worldwide last quarter. While some of those phones are older models that don't support Apple Pay, and the service itself is only available in the United States, Apple will have to battle some user inertia as it tries to get people to register their cards.</p><p class="jumpTag"><a href="/article/2839820/4-key-takeaways-and-1-non-news-tidbit-from-apple-ceo-tim-cooks-wsjd-talk.html#jump">To read this article in full or to leave a comment, please click here[/url]</p></section></article>

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