This makes sense as there are only so many macbooks, iphones, cars, generators, lightbulbs, etc.. to sell. Selling money is much much more lucrative.
This makes sense as there are only so many macbooks, iphones, cars, generators, lightbulbs, etc.. to sell. Selling money is much much more lucrative.
The problem seems to fit because younger companies' concerns are about how their business is impacted according to consumers access to their product. Apple is almost everywhere here in the states. What else could be preventing other consumers/holdouts from accessing Apple's premier products?
With the release of the iPhone X I perceived Apple as trying to reach "up" rather than "down". Your point definitely explains this move if that is what Apple are trying to accomplish.
https://www.ft.com/content/a6b02fae-5051-11e6-8172-e39ecd3b8...
A lot of companies have branded cards that are run by different companies. As far as I'm aware, most of them don't have any ownership stake in the companies that actually manage the credit card business.
It seems like Apple is changing from a Barclay's card to another company.
Im pretty sure, that no bank is in the same profit/lucrative league as Apple.