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Will Apple kill PayPal Pay?

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Pay Apple turns iPhone into credit card   Apple wants to get rid of our pocket cards and credit cards. Wall Street is nervous that consumers can tip online payment service PayPal also .   Shares of PayPal owner eBay ( EBAY, Tech30 ) fell 3 % on Wednesday. This down 3 % Tuesday after Apple (AAPL , Tech30 ) released its mobile Apple Pay follows . Is justified 6% sell on eBay? Does Apple really only make obsolete PayPal? Yes and no. " There is the potential for Apple to disrupt the competitive position of PayPal These are legitimate concerns . - For phones in particular ," said Victor Anthony , an analyst at Topeka Capital Markets.      However, Anthony thinks PayPal will continue to report strong results from eBay for the coming quarters . He says the risk of Apple is one of the longer term. PayPal is eBay making sexy :    But it's understandable why investors would be nervous eBay . P

Apple shares hit high for 2013 on holiday hope

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Apple products are not only hot selling items this holiday, they are also popular online buying tools The first customer of the tablet iPad in an Apple Store in Amsterdam  Apple shares rose to the highest level this year as investors bet products like the latest iPads and iPhones will be hot sellers this holiday, helping the consumer technology giant kick-start earnings growth again. The stock climbed 1.9% to $556.07 Friday. Earlier in the day, it touched $594.59, a 2013 high. Apple unveiled two new iPhones earlier this year and more recently launched the new iPad Air and an upgraded iPad mini. The iPad mini was among top sellers at Walmart on Thanksgiving, while Target said the iPad Air was a hot item at its stores. On eBay.com, one iPad was selling every second as of midnight on Thanksgiving. "Apple products should be the holiday gift of choice this year," said Brian Marshall, an analyst at ISI Group. "The company has a great product cycle curr

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