Following Apple’s most recent earnings report, Tim Cook revealed in a conference call with analyst that there are now more than 800 million iTunes accounts in use and said that “the majority of those have credit cards behind them.”
How does this compare to Amazon, the king of online commerce? Turns out that Apple actually has twice as many credit cards on file than Amazon, at least. This poses a tremendous opportunity should Apple decide to introduce a mobile payment service of its own, as expected…