Mediatwits #130: Will Apple Revolutionize Wearables, Mobile Payments?

Published: Sept. 12, 2014, 1:30 a.m.

After Steve Jobs died, there were a lot of questions about whether his successor Tim Cook had the vision thing. This week was put-up-or-shut-up time for Apple, with its stock sagging and innovations coming from others (mainly Samsung) while Apple’s iterations were minor by comparison. With the spotlight squarely on Apple and Cook, the company pushed in all its chips with a brand new product, the Apple Watch, along with one-touch Apple Pay, and some larger, thinner iPhones. Not to mention, the tech giant offered up U2’s new album for free. Apple Pay promises to revolutionize in-person payments via smartphones (iPhones, in particular) by using credit card data stored in iTunes store accounts. Despite some recent fears over security, Apple says your device will not carry any credit card numbers. This technology is also embedded in Apple Watch, which promises to do a lot for a wearable -- boasting a full-color retina display, taptic feedback, and lots of sensors to monitor the user’s physical activity. Customizability is central to Apple Watch, purporting to be many things to many people -- moving beyond highly specialized wearables like Fitbit and Nike Fuel, and with more functionality than Pebble. On this week’s edition of the Mediatwits, we’ll be discussing what these new offerings mean for Apple and the disruptions they may cause in the tech world with Leander Kahney from CultofMac.com, Wilson Rothman from WSJ, and Sapna Maheshwari from BuzzFeed. We’ll also have regulars Alex Leo from Newsweek and Andrew Lih from American University, with PBS MediaShift’s Mark Glaser hosting and Fannie Cohen producing. The Mediatwits podcast is hosted and sponsored by NextSpace and NextKids Potrero Hill in San Francisco, where they offer coworking space and adjacent day-care for infants and toddlers. Learn more about their pioneering program at: bit.ly/nextspaceph You can learn more about NextSpace co-working spaces around the country at nextspace.us