Search results for Apple Card
Telecommunications & Media
Apple launches iPhone leasing program from $17.99 a month
Apple has launched a new leasing programme in the United States that lets customers use iPhones, Macs, iPads and Apple Watches by paying a fixed monthly fee instead of buying them. Apple said it is starting “Apple Upgrade” with buy now, pay later provider Klarna. The plan offers different contract terms by product and model, with higher monthly payments for shorter terms or larger storage. Users can return devices at the end or keep them by paying the remaining cost, and fees may apply for damage or changes.
Telecommunications & Media
Apple\'s best and worst products in 15 years under Tim Cook
Apple under CEO Tim Cook has been judged to have expanded its ecosystem through a wide range of products and services rather than a single breakthrough like the iPhone. On April 21, IT outlet NineToFiveMac grouped major launches since Cook took over into “best” and “disappointing” cases, citing AirPods, Apple Watch and the Apple Silicon transition as standout successes. It pointed to Vision Pro’s high price and the limited Apple Card as shortcomings, and said Apple Intelligence remains incomplete.
Finance
JPMorgan to buy Apple credit card issuing business from Goldman Sachs, eye deposit accounts
JPMorgan Chase has agreed to acquire the Apple credit card issuing business from Goldman Sachs, the Wall Street Journal reported on Jan. 7. The deal was reached after about a year of negotiations and would mark Goldman Sachs\' effective exit from consumer finance through the sale. JPMorgan is buying about $20 billion in card loan balances at a discount of more than $1 billion, the report said. JPMorgan will continue issuing cards and is considering a new deposit account with Apple.