Tag: Apple

June 13, 2024

Cupertino, California-based Apple launched its own “pay-in-four” service, called Apple Pay Later, in March 2023. Roughly one-fifth of BNPL customers had tried the offering by July 2023, according to a J.D. Power report. The tech giant then began sharing data […]

June 11, 2024

The partnership will enable Apple’s customers in the country to access a range of financing options, including split payments of up to 36 months, or deferred payments of up to 30 days, when purchasing goods through its physical or online […]

December 1, 2023

As tech giant Apple winds down its partnership with investment bank Goldman Sachs, it will need to find a new card issuer to back its credit card. And given the size of the business, there’s a small pool of suitors, […]

November 29, 2023

The US tech titan has proposed ending its credit card and savings account partnership with the bank within the next 12 to 15 months, according to sources at the Wall Street Journal and CNBC. The pair first came together back […]

May 26, 2023

I have followed the company’s trajectory from the earliest Mac models, stood at the front of the queue to get the original iPhone, bought (cough) every one of the watches, bought some AirPods, and happily watch its TV and films. […]

May 5, 2023

The Apple Card savings account, launched in April in partnership with Goldman Sachs, offers US consumers a high-yield annual return of 4.15% – a rate it claims is more than 10 times the national average. Users can set up and […]

February 10, 2022

Warren Buffett’s best-performing stock last year? One he’s been dumping. Wells Fargo shares delivered a total return of 61% last year, outpacing every other company listed in the most recent public snapshot of Berkshire Hathaway’s portfolio, as of Sept. 30, […]

December 8, 2021

The Consumer Financial Protection Bureau (CFPB) needs to protect consumers from big technology companies eager to make inroads in the payments processing business, according to comments filed this week with the agency by two bank industry trade groups. The American […]

March 18, 2021

Dollar General (DG) – Dollar General shares tumbled 6.1% in premarket action after the discount retailer missed estimates by 10 cents a share, with quarterly earnings of $2.62 per share. The company exceeded revenue estimates as comparable-store sales increased more […]

February 19, 2020

The once seemingly distant threat of the coronvirus outbreak in China is starting to spread and the U.S. economy is showing its first symptoms. Apple AAPL, +1.66% warned on Monday that sales in the current quarter could fall short of […]

February 18, 2020

U.S. stocks traded lower Tuesday morning after Apple Inc. said late Monday that the viral outbreak in China would hurt its second-quarter results, reigniting fears that the disease may disrupt manufacturing supply chains and have broad implications for the global […]

November 18, 2019

Warren Buffett’s Berkshire Hathaway Inc.’s may have sold some Apple Inc. shares during the third quarter, but its ownership stake in the technology giant actually increased, as the value of the investment swelled by more than $6 billion. Apple’s stock […]

March 26, 2019

Goldman Sachs research analysts are less than impressed by the bank’s jointly-created credit card with tech giant Apple. The card, revealed Monday at an elaborate Apple event, is hamstrung by the still-limited reach of Apple Pay, according to analysts led […]

March 25, 2019

Apple AAPL, -1.60% will unveil new entertainment and news services at a press event Monday, but the company is also expected to share more details on the credit card it’s launching with Goldman Sachs GS, -1.22% The card, which will […]

February 21, 2019

Apple Inc. (AAPL – Get Report) has teamed up with Goldman Sachs Group Inc. (GS – Get Report) to offer a new credit card that will help users manage their money, The Wall Street Journal reported Thursday. The card will […]

January 30, 2019

U.S. stock futures indicated a firmer start for Wall Street Wednesday, with the Dow set to rise on strong Boeing earnings, and as technology shares get a boost from better-than-expected quarterly results from Apple and Advanced Micro Devices. Investors will […]

January 3, 2019

Apple CEO Tim Cook partially blamed a slowdown in China when he cut guidance for the smartphone-maker — but the company’s troubles in the world’s second-largest economy began even before trade tensions escalated. China has been Apple’s “headache” for the […]

May 11, 2018

The WSJ cited people with knowledge of the process, and says the move comes as Goldman continues to make a push into consumer banking activities such as deposit-taking and personal loans. In a major blow to Barclays, the WSJ says […]

April 23, 2018

There has been a lot written over the past few years about the so-called impact that GAFA (Google, Apple, Facebook & Amazon) will have on banking world in the future. These large tech companies are so intertwined with our lives […]

February 7, 2018

Wall Street bank Goldman Sachs could potentially finance users who wish to purchase an iPhone X, according to the Wall Street Journal, which reported that the firm is in talks with Apple to offer such financing this morning. Potential iPhone […]