According to a Bernstein note issued on Monday morning, Apple’s fifth-generation iPhone will not include Near field communication (NFC) capabilities as had been previously rumored on several occasions. NFC, which will be featured in RIM’s 2011 BlackBerry smartphone lineup, allows cell phones and other devices to transmit data wirelessly over short distances. Unlike Bluetooth, NFC connections do not require a pairing process, so NFC is well suited for applications such as mobile payments, as it is currently being used in several markets around the world. In the U.S. at the moment, carriers, manufacturers, banks and other companies are all independently working on various solutions. Without better standards, it will be difficult for the technology to take off in the mass market.

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Zach Epstein has worked in and around ICT for more than a decade, first in marketing and business development with two private telcos, then as a writer and editor covering business news, consumer electronics and telecommunications. Zach’s work has been quoted by countless top news publications. He was also recently named one of the world's top-10 “power mobile influencers” by Forbes, as well as one of Inc. Magazine's top-30 Internet of Things experts.