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Apple introducing new payment method. Apple is planning to introduce services that will allow customers to make payments with their wireless devices. The technology, developed by Near-Field Communication, will allow Apple’s service to tap into a user’s pre-loaded information, like a credit card or bank info. Both the iPad 2 and the next generation of iPhone will likely be fully equipped.

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App Store hits massive milestone. Apple’s App store recently reached the 10 billion downloads mark! It took Apple just 2 and a half years to reach the milestone. The transaction occurred when Gail Davis of Kent, England ordered a game called Paper Glider for her daughter. Apple immediately contacted Davis to reward her with an iTunes gift card worth 10-thousand dollars.

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It’s a good time to be an Apple shareholder. The company made a record net profit of 6 billion dollars during the last 3 months of 2010. That’s a 71-percent jump over the same period last year. This is good news on the heels of Apple founder Steve Jobs’ announcement that he was taking a medical leave of absence.

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