Apple is partnering with Goldman Sachs to offer a new credit card. Can it breathe a new life into Apple Pay?
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Apple and Micron are throwing off growth this earnings season, Goldman Sachs saysApple and Micron are having an outsized impact on growth this earnings season, according to a report from Goldman Sachs.
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Apple and Goldman Sachs partnering on a credit card for the iPhone, WSJ saysApple is working with Goldman Sachs on a joint credit card that the companies plan to roll out this spring, the Wall Street Journal reported on Thursday, citing sources familiar with the matter.
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Apple, Goldman Sachs Team Up on Credit Card Paired with iPhoneThe companies hope to lure cardholders by offering them extra features on Apple’s Wallet app, which will let them set spending goals, track their rewards and manage their balances, according to people familiar with the matter.
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Goldman Sachs and Apple are reportedly partnering to launch a new iPhone-linked credit cardIt will be the first consumer credit card launched by Goldman Sachs, which has only been active in the retail banking space for around two years.
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Apple And Goldman Sachs Will Reportedly Launch An iPhone-Connected Credit CardThe credit card would represent a foray into new businesses for both companies. With a card, Apple may be able to take a larger cut from purchases made than it does now through Apple Pay.
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Will A New Goldman-Backed Credit Card Breathe Life Into Apple Pay?Apple is partnering with Goldman Sachs to offer a new credit card. But don't expect it to move the needle on adoption of Apple Pay.
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Apple and Goldman employees will be the first users of a new iPhone-linked credit cardFor both companies, the card represents a step into new territory. Apple is seeking to combat slowing sales of its iconic hardware, while Goldman wants to expand further into the realm of consumer finance.
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