Dear readers as promised we are here announcing one possible target acquisition from Apple, far-fetched, but it makes sense.
In the last conference Call, on 23rd April 2013, Tim Cook said “Our teams are hard at work on some amazing new hardware, software, and services that we can’t wait to introduce this fall and throughout 2014”.
In Hardware and Software sector, we could guess more of the same plus new categories (Iwatch, Itv), but in the services sector what could generate significant revenues when the Itunes store reaches more than 8 billion USD per year in revenues in 2013. Obviously, the Ibuy strategy, that we have been mentioned in this blog, may be the answer.
Apple is building the ecosystem for this bold move, but for the project to work; one thing missing is the connection to the banks for the electronic payments, dependence on the credit card companies is not an option.
If you want to take the world retail commerce by storm you have to invite the banks to this game, and reduce margins for the credit card companies.
Now for Apple to manage this information on different countries with so many different banks, they should take a leap forward and acquire Monitize PLC, a UK company, which operates a mobile banking platform that provides real-time information, security and payment services.
The company has a Market Capitalization of 812 Million USD, not a Big Amount with so much cash on the sidelines (140 Billion USD and counting).
Monitise only has 20 million users against the 500 million accounts of Itunes Store, but they have agreements’ with 300 financial institutions in the world, some of the work has been done, it only needs scale that Apple could provide.
Their software works on the main Apple competitors, but if they acquire the company and maintain the strategy on the rival platforms they could leverage the business. Apple already has work with their main rivals remember Safari and Itunes Store working in Windows.
Let’s seat back and watch the linking of the last pieces of the puzzle that will take marketing and financial transactions by storm. Imagine if we are right, how much is the value of knowing what everybody’s buys on a global scale, its more information that amazon sells our facebook likes.
If you want to find more on Monitise PLC take a look on the link below:
http://www.monitise.com/about_us/videos
Disclaimer: We do not have any position on Monitise PLC we are only connecting the dots.