With yet another record-quarter and having one of the most popular devices ever 
made, Apple is in a unique position of enhancing iPhone to also work as a stack 
of smart cards. It is technically by no
means very difficult either.

One may argue that it will take a few years to do that but that should be 
compared with the EXTREMELY SLOW development going on in the smart card 
community. For example there is no [reasonable] way
you can provision a card using a standard browser since the card industry 
doesn’t do browsers. Apple do browsers...
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