this post was submitted on 19 Jul 2023
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Apple Card

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Apple Card contributes to another $667 million loss for Goldman Sachs: ‘We did not execute well’ (9to5mac.com)
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[–] owlboy 4 points 2 years ago* (last edited 1 year ago) (1 children)

So the crux of it is they expected those interested in an Apple Card would successfully pay their bills more than they are? Interesting.

[–] chase_what_matters 4 points 1 year ago

Curious to know how much the staple 0% financing feature comes into play. Like how many people got the card and put a $2k+ bill on it that they’re paying off in 24 months.