Tim Cook Defends Apple Pay, Teases Alibaba Deal, Explains Death of iPod Classic

LAGUNA BEACH — Apple CEO Tim Cook gave an unusually candid interview Monday night — in which he struck back at companies leaving the Apple Pay system, teased a possible partnership with Alibaba, and revealed why Apple killed the iPod Classic.

Speaking at the WSJ.D conference in Laguna Beach, California, Cook called Apple Pay a tremendous success even in its first week, and revealed that there had been 1 million credit cards activated on the system in its first 72 hours. "That's more than all the other guys combined," Cook enthused, touting his early lead over similar payment systems such as Google Wallet. "And we're only just getting started. I'm already getting flooded with emails from customers." Read more...

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