One of the glaring omissions in Apple’s iPhone 5 keynote was any mention of NFC. The rumor mill had suggested that the iPhone 5 would come with NFC (Near Field Communications) tech for mobile payments, but the rumor ended up getting squashed in the weeks leading up to today’s event.
So why no NFC in the iPhone 5? According to Apple VP of Worldwide Marketing Phil Schiller, Passbook in iOS 6 is enough for what Apple wants to accomplish in the virtual wallet space right now. In a brief interview today, Schiller talked about NFC, and why Apple decided on the new Lightning dock connector.