The past year has seen a flood of speculation about whether or not future iPhones would feature Near Field Communication (NFC) capabilities. NFC technology would embed a special chip into your phone; waving the phone at a reader near a cash register would automatically pay for those items from one of your accounts.
According to a Bernstein analysis that was quoted on Business Insider this morning, the next-generation iPhone (allegedly to be called the iPhone 4S) will not feature NFC. As the BI post points out, the lack of NFC won't be that much of a problem for Apple in the short run, as the technology isn't wid
