Apple shareholders hear Tim Cook discuss the Apple Watch and Apple Pay

Today, Apple investors from all around the world assembled in the Steve Jobs Theater in Cupertino for the annual stockholders meeting. What they heard was CEO Tim Cook bemoaning the fact that Apple Pay has not completely replaced cash as the method of payment for all sorts of transactions. The executive said that even though Apple Pay’s usage hasn’t lived up to  his expectations,  he hopes “to be alive to see the elimination of money.” Cook did say that a large increase in Apple Watch sales could help generate more use of Apple Pay.

The Apple Watch has become the leading wearable …

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