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Cook also pressed the privacy credentials of Apple Pay, the company’s recently-launched mobile payments technology, claiming that it runs against that industry’s trend for data collection on shoppers.
“We believe customers have a right to privacy, and the vast majority of customers don’t want people knowing everything about them,” said Cook, according to Mac Rumors.
“When you make a purchase, we make a little bit of money. It’s very simple, very straightforward. You are not our product, that’s our product. There’s no need for us to know what you’re buying, where you’re buying, I don’t want to know any of that.” (Guardian article)