John Sculley: Watch Very Carefully What Jack Ma Does

The video discusses Alibaba's strategic move to expand Alipay's reach, focusing on its impact on the US market and competition with PayPal. It highlights Apple's entry into mobile payments with Apple Pay, emphasizing its use of NFC technology and partnerships with major retailers. The video also compares Apple's account growth with Amazon, showcasing Apple's potential to dominate the retail payment space.

In what ways does the growth of Apple in the payment sector compare to Amazon?

What challenges does Apple face in building its retail payment infrastructure?