Disney Showcases Apple's iWatch Potential
by Jason Schwarz
On March 5th Appleinsider published what we consider to be one of the most important Apple (AAPL) pieces of the year. It reveals that Disney's (DIS) Magic Kingdom in Orlando, FL, has done away with turnstiles at the park's entrance as visitors are now greeted by workers holding iPod touches. This change is part of a larger initiative to create an entirely new payment platform within the resort. Tom Staggs, Chairman of Walt Disney Parks and Resorts announced that the company plans to provide customer wrist bands called 'MagicBands' that will act as a visitor's hotel key, pass card, and credit card. Along with the adoption of iPods, Disney is incorporating other elements of iOS that will enable Fastpass ride ticketing, maps, information on ride wait times, and the ability to view menus and book dining reservations. With the implementation of MagicBands, the era of the wallet is one step closer to extinction. read more »
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