Natalie Parkinson
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Apple payments service may boost sales of larger iPhones

The addition of a mobile payments service to Apple Inc's next iPhone could help to boost sales of the larger-screen phones and claw back market share lost to mobiles running on Google Inc's Android platform.

Apple shares rose as much as 1.3 percent on Wednesday, a day after the launch of the iPhone 6 and the Apple Watch - the first new product introduced by Chief Executive Tim Cook.

At least six brokerages raised their price target on Apple's stock by as much as $16 to a high of $116, but there was also a rare downgrade to the stock.

http://www.reuters.com/article/2014/09/10/apple-launch-research-idUSL3N0RB42220140910

Do you think this service can really help to increase sales of iPhone 6?