NFC stories

 
The sport of Apple rumors is almost as old as the company itself, but now that the iPhone and the iPad are market leaders, every new piece of information is even more exhaustively parsed over. That's why the latest claims made by an analyst fresh from visiting Apple's suppliers in Asia are raising a few eyebrows.
 
Since way before the iPhone was a gleam in Steve Jobs's eye, back when the Motorola RAZR was the mobile phone du jour, financial institutions, mobile handset makers and carriers have dreamed of turning your cellphone into a mobile wallet, to use your smartphone the same way you use a credit or debit card. Finally, this year we may finally reach this near field communication (NFC) nirvana, of simply waving our smartphone over a retail payment terminal instead of a credit or debit card to pay for our copiously consumed commodities. There's only one problem. Using your smartphone as a credit or debit card replacement may be more trouble than it's worth.
 
Android has NFC. BlackBerry is going to get NFC. Naturally, Apple would want the iPhone 5 to also push NFC this year too. If Near Field Communication is a feature you've been holding out for in the next iPhone, you'd best sit down, breathe and prepare to wait till next year.

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