Sorry!! The article you are trying to read is not available now.

Apple to Deliver NFC iPhones in 2012

Print comment Post Comments

Slowly but surely, near-field communication, or NFC, has been trickling into Android, Symbian, and BlackBerry devices. The wireless technology enables handsets to share information with a quick tap or swipe, and -- with the propagation of Google Wallet kiosks -- users with NFC-equipped phones have been able to use them for a quick and easy payment system.

Unfortunately, the technology hasn't been rolling out as quickly as consumers would like. Right now, less than 10% of handsets are NFC-enabled. But that looks to change come next year as Apple and Microsoft will be introducing NFC into their handsets.

According to DigiTimes, Taiwan-based manufacturers confirmed that NFC will make its way to iPhones and Windows Phones. The problem, as it's been reported, was nailing down a NFC technology standard. "Without technological problems, the unsmooth development of NFC is mainly attributable to problems in standard specification, ecosystem and commercial operation," the sources said.

Well, solutions are in sight, and NFC-enabled phones are expected to comprise 50% of the industry in just two to three years. That means that soon iPhone users, along with owners of the Galaxy Nexus and BlackBerry Bold, will be able to go walletless next year

Much to the chagrin of PayPal.

(See also: World's Largest Apple Store Won't Be Ready for Black Friday and Google Engineer Calls Google+ a Complete Failure)

For an investment angle on these and many more tech stocks, take a FREE trial to the TechStrat Report by Sean Udall.
POSITION:  No positions in stocks mentioned.