D.A. Davidson & Co. analyst Tom Forte says 'everything they're doing on the payments financial services side' is an important initiative as Apple becomes 'less dependent' on the iPhone.
"AirPods Pro [is] a good product, but I think the story for Apple's holiday sales this year is in payments with the Apple Card," D.A. Davidson & Co. analyst Tom Forte says.
"AirPods Pro [is] a good product, but I think the story for Apple's holiday sales this year is in payments with the Apple Card," he said Friday onWith the iPhone market reaching a mature state, Apple has turned its focus toward expanding the number of services it offers to drive growth.
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