One of the biggest business rivalries is that of Samsung and Apple. This fierce competition leads to innovation in their products with every new model and software launch. Innovation is the key for any business to be successful, it is one of the key concepts in business. It is the practical application of new inventions/thoughts to existing or new products, and does help a firm to generate a point of difference.

In todays world, online shopping has been growing a lot, people do not get out of their homes and buy several things online. The idea of Visa tying up with Samsung can be revolutionary since smartphones are replacing PCs and even laptops. People use their smartphones for everything and will start using it to purchase items online since this idea would make it so simple.

The software will come preloaded on all Samsung phones that have near-field communications technology, which allows users to tap their phones against a payment terminal to exchange information.

There have been several payment applications for phones but this is set to penetrate the market, and also help mobile payments gain huge traction.

The article link:

http://www.bloomberg.com/news/2013-02-25/visa-teams-up-with-samsung-on-contactless-mobile-payments.html

Picture taken from :

https://www.google.com/search?q=visa+teams+up+with+samsung&es_sm=91&source=lnms&tbm=isch&sa=X&ei=bLVTUqSJMeqWigKB9oCQBg&ved=0CAkQ_AUoAQ&biw=1163&bih=581&dpr=1#facrc=_&imgdii=_&imgrc=YcY0xyPrdPcDHM%3A%3BSUowV58zffWa2M%3Bhttp%253A%252F%252Fdroiddog.wpengine.netdna-cdn.com%252Fwp-content%252Fuploads%252F2013%252F02%252Fvisa-paywave-olympics-660×440.jpg%3Bhttp%253A%252F%252Fwww.droiddog.com%252Fandroid-blog%252F2013%252F02%252Fsamsung-teams-up-with-visa-for-paywave-nfc-payments%252F%3B660%3B440

The Iphone 5s launch attracted the whole world, I came across an interesting article that said Japans leading service provider has been facing losses due to the poor availability of the new Iphones for its company.

DoCoMo despite being huge in the telecommunications market of Japan, did not  partner with Apple to bring in Iphones before the 5s and 5c, these are their first products. This is really surprising on their part as Apple is one of the leading companies in the phone world, and it was not a wise decision to not partner with the best. This decision has not affected their previous sales but is also affecting them now as they are not getting enough of the new models.

NTT DoCoMo lost a net total of 66,800 subscribers in September, the worst loss ever, according to a report in Japan’s Nikkei on Monday. They also lost 133,100 customers due to the mobile number portability system, who are switching to other carriers that have the Iphone 5s and 5c in abundance.

The article link :

http://news.cnet.com/8301-13579_3-57606410-37/iphone-5s-poor-availability-hurting-japans-biggest-carrier/