Inside Apple's secret plan to kill the cash register - wireless networking, wireless, networking, Mobile Apps and Services, Mobile and Wireless, Macintosh, internet, Financial IT, e-commerce, e-business, Apple. If you've ever been to a store, you know the drill: Browse the merchandise, pick something, carry it to the checkout counter, maybe wait in line, pay, then walk out with your purchases and a receipt. Whether it's a clothing store, a grocery store or a coffee shop, you're likely to find a big counter with a cash register on it, and a person operating that cash register on the other side.
You go to them; they don't come to you. Why? An American saloon owner named James Ritty invented the cash register in 1879. Since then, all cash registers have shared the characteristics of bigness, heaviness and bulkiness -- and have required the old walk-up-to-the-counter behavior in order to buy things. One notable exception is your local Apple Store. There are no cash registers. Apple, apparently, thinks the whole process for buying things in retail stores is dumb. And it has a point. So why would Apple's hotly anticipated iWallet system require a cash register? It won't, if one analyst has it right. GameStop launches its own carrier. Check your internet speed.
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