$AAPL (11:11 AM EDT October 23): $242.57 (+1.09%) // More info
The primary media reaction to today’s news that Apple Pay is now the top U.S. mobile payments platform seems to be surprise. I don’t understand that reaction. It’s extremely weird that Starbucks — a single retailer — dominated this game for so long while smartphones contained payment services that could be used all over the place, and Apple Pay has been a fantastic experience from day one. I don’t even think Apple Card is getting me to use it more; I already used it every chance I could. It seems this is one of those areas in which tech journalists’ own usage is out of step with regular people, and that’s why they’re surprised by this news. How often do you use Apple Pay?