Watch out, business machine production companies, Apple is about to take enter your market. Although it isn't official, Apple products are slowly replacing point of sale terminals, inventory databases, and customer profile management databases.
Urban Outfitters took a daring leap towards 21st century technology. According to BusinessInsider, the company has decided to replace the cash registers in the retail stores with Apple iPads.
Why? Apparently, Apple iPads cost 1/5 the price of a point of sale terminal and can do so much more. Apple iPads can serve multiple functions such as inventory management, gift registry, point of sale operations and more.
Business machines can cost thousands of dollars just to handle the simplest tasks. Each machine is only capable of performing one specific function. They are costly and inefficient.
Although Apple doesn't know it yet, they have the opportunity to target other businesses. Through the development of applications, companies can easily program applications to suit their needs.
If Apple devices really do take off with business, consumers will have the benefit of spending less time waiting in line. With a more user friendly interface, self checkouts and increased point of sales terminals spread out across the retail floor is definitely possible.
Since an iPad cost 1/5 of a point of sale terminal, therefore 5 iPads can be purchased for every point of sale terminal. Retailers have the option of doubling or even tripling the number of cash registers available, which would overall speed up the checkout process.
Urban Outfitters has already taken to plunge, it is just a matter of time before other retailers follow suit.