Today In Data: Finance Update

By  |  July 20, 2017
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At the core of every organization, the one element most cannot do without is money. Without it, businesses would likely shutter their doors for good.

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    As smartphones become more prevalent, JPMorgan Chase analysts have predicted a cut in the Q4 iPhone shipment forecast for this year, which will likely have an impact on Apple’s overall finances. Additionally, UK Finance has shared news of a significant increase in contactless payments, calling into question whether physical cash may become obsolete in the next five to ten years.

    Here are the numbers:

    42.2 million | Number of iPhones JPMorgan analysts predict for Q4 2017 shipment

    49.5 million | Number of iPhones shipped in Q4 2016

    18 percent | Increase in contactless payments, up from one year ago, according to UK Finance

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    £4.5 billion | Contactless payments in May 2017, according to UK Finance

    £3.9 billion | Contactless payments in April 2017, according to UK Finance


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