Apple Pay Makes Its Debut Today

The video discusses the launch of Apple Pay and its potential impact on the mobile payments market, which is expected to grow significantly. It compares Apple Pay with competitors like PayPal and Square, highlighting their strategies and market positions. The video also covers Marc Andreessen's resignation from eBay's board and the implications for PayPal. Additionally, it reports on Adidas' potential sale of its Reebok unit and the competitive dynamics in the sportswear industry.

What is the projected growth of the mobile payments market according to the transcript?

• $10 billion to $100 billion

• $5 billion to $200 billion

• $3.5 billion to $50 billion

• $3.5 billion to $118 billion

Which companies are mentioned as key players in the mobile payments market?

• Samsung Pay, Venmo, Zelle

• Visa, Mastercard, American Express

• Google Wallet, Amazon, Stripe

• Apple Pay, PayPal, Square

Why did Marc Andreessen resign from the eBay board?

• He wanted to join a competitor

• He had a contentious relationship with Carl Icahn

• He wanted to focus on his own ventures

• He was retiring from business

What is the potential bid amount for Reebok mentioned in the transcript?

• $1 billion

• $2.2 billion

• $4 billion

• $3 billion

Which company is mentioned as facing competition from niche players in the sportswear market?

• Adidas

• Nike

• Under Armour

• Puma