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Tag: Goldman Sachs

Apple Card users’ Savings accounts earn 4.15% APY, more than 10 times the U.S. national average

Monday, April 17, 2023 2:08 pm1 Comment

Apple Card users can choose to grow their Daily Cash rewards with a Savings account which offers a high-yield APY of 4.15% – more than 10X…

Apple Card’s new high-yield Savings account now available with 4.15 percent APY

Monday, April 17, 2023 10:28 amMonday, April 17, 20236 Comments

Starting today, Apple Card users can choose to grow their Daily Cash rewards with a Savings account from Goldman Sachs, which offers a…

Apple’s move into Buy Now Pay Later is likely to attract regulators

Tuesday, March 28, 2023 5:44 pm4 Comments

Apple Pay Later, a Buy Now Pay Later (BNPL) option for customers shopping with a retailer that accepts Apple Pay, was announced…

Apple launches Apple Pay Later to allow consumers to pay for purchases over time

Tuesday, March 28, 2023 11:47 am3 Comments

Apple today introduced Apple Pay Later in the U.S. Designed with users’ financial health in mind, Apple Pay Later allows users to split…

Apple’s iOS 16.4 and iPadOS 16.4 are coming soon to iPhones and iPads

Monday, March 20, 2023 10:00 amMonday, March 20, 2023No Comments

Apple is drawing closer to the public release of iOS 16.4 and iPadOS 16.4, with the company currently producing beta versions of its…

Apple stock surges again after Goldman Sachs urges investors to buy

Monday, March 6, 2023 10:39 amMonday, March 6, 20231 Comment

Goldman Sachs analyst Michael Ng on Monday started coverage of Apple with “Buy” rating and $199 stock price target, a nearly 30% upside…

Apple Pay Later is imminent. Affirm, Afterpay, and Klarna should be worried.

Thursday, February 9, 2023 11:55 am4 Comments

The release of Apple Pay Later is imminent. The new service will provide Americans with a seamless and secure way to split the cost…

Apple expands testing of Apple Pay Later service to retail employees

Wednesday, February 8, 2023 9:32 amNo Comments

Apple Pay Later will provide Americans with a seamless and secure way to split the cost of an Apple Pay purchase into four equal payments…

Goldman Sachs lost $1.2 billion in 2022 mostly due to Apple Card partnership

Friday, January 13, 2023 12:43 pm1 Comment

Goldman Sachs’ consumer credit division lost $1.2 billion in nine months last year due primarily to its Apple Card partnership…

Wall Street banks turn bearish on major Apple-supplier TSMC, citing weaker demand

Wednesday, January 4, 2023 9:46 am1 Comment

Wall Street banks such as Goldman Sachs are turning bearish on Taiwan Semiconductor Manufacturing Co. (TSMC), cautioning…

Goldman Sachs offers more banking services through Apple in revamped consumer approach

Friday, December 23, 2022 9:48 amNo Comments

A relative newcomer in consumer banking, Goldman Sachs has expanded and extended a partnership with Apple that began a few years ago…

Apple Card Daily Cash can soon grow in new high-yield Savings accounts from Goldman Sachs

Friday, December 2, 2022 5:26 pmFriday, December 2, 20222 Comments

Apple in October announced a new Savings account for Apple Card that will allow users to save their Daily Cash and grow their rewards…

Apple deepens financial push with new high-yield Savings accounts

Friday, October 14, 2022 3:03 pmFriday, October 14, 202213 Comments

Apple is deepening its already formidable push into the world of financial services with a new plan to let Apple Card users park their…

Apple Card Daily Cash can soon grow in new high-yield Savings accounts from Goldman Sachs

Thursday, October 13, 2022 12:30 pm5 Comments

Apple today announced a new Savings account for Apple Card that will allow users to save their Daily Cash and grow their rewards in a…

Fed raises interest rates, pledges more hikes amid rampant inflation; warns of recession

Wednesday, September 21, 2022 4:00 pm26 Comments

The Fed raised interest rates and indicated it will keep hiking well above the current level as it attempts to tamp down rampant inflation …

Goldman Sachs: Rampant U.S. inflation could cause further 27% drop in the S&P 500

Friday, September 16, 2022 8:53 am27 Comments

It’s not just that the U.S. Fed is going to be aggressive after the latest shocking U.S. inflation figure, still running at 40-year highs…

Apple Card’s rapid growth credited with triggering Goldman Sachs probe

Tuesday, August 9, 2022 2:16 pm3 Comments

Apple Card’s rapid growth and the new platform built by Goldman Sachs to service it created difficulties that attracted regulators who are…

Apple Card partner Goldman Sachs discloses probe into U.S. credit card division

Thursday, August 4, 2022 12:47 pm7 Comments

Goldman Sachs’ U.S. credit card business is being investigated by the U.S. Consumer Financial Protection Bureau, the bank disclosed…

Goldman Sachs now sees U.S. recession risk as ‘higher and more front-loaded’

Tuesday, June 21, 2022 5:34 pm28 Comments

Goldman Sachs strategists are beginning to get a clearer look at the potential for a U.S. recession, seeing the risk now as “higher and more…

Apple Card wins first ever J.D. Power Award for customer satisfaction

Friday, August 20, 2021 11:25 am2 Comments

Apple Card, created by Apple, the only card issued by Goldman Sachs, ranked highest among the Midsize Credit Card segment…

Apple Card shines bright in J.D. Power U.S. Credit Card Satisfaction Study

Thursday, August 19, 2021 12:20 pmNo Comments

Apple Card, issued by Goldman Sachs, and new to the J.D. Power U.S. Credit Card Satisfaction Study in 2021, is the highest-ranking midsize…

Goldman Sachs’ Rod Hall claims China iPhone 12 cycle was 12% weaker than iPhone X

Friday, June 18, 2021 5:15 pmFriday, June 18, 20211 Comment

Bucking talk of a super cycle, Goldman Sachs analyst Rod Hall claims that current iPhone shipments in China are 12% lower than the iPhone X…

Goldman Sachs’ so-called Apple analyst Rod Hall finally gets a clue

Thursday, April 29, 2021 5:14 pmThursday, April 29, 202110 Comments

Last August, we told you flat out that Goldman Sachs’ analyst Rod Hall is an awful Apple analyst and this wasn’t our first critique of Rod…

Apple launches $200 million ‘Restore Fund’ to invest in working forests

Thursday, April 15, 2021 9:16 am46 Comments

Apple today announced a first-of-its-kind carbon removal initiative — called the Restore Fund — that will make investments in forestry…

DFS: Apple Card, Goldman Sachs committed no fair lending violations

Tuesday, March 23, 2021 12:05 pmTuesday, March 23, 202116 Comments

The New York State Department of Financial Services today issued a report summarizing the department’s findings after investigating…

Apple issues more debt with second bond sale this year

Thursday, August 13, 2020 1:30 pm2 Comments

Apple, which hasn’t borrowed in dollars more than once in a calendar year since 2017, is tapping the investment-grade market for the second…

Goldman Sachs analyst Rod Hall is an awful Apple analyst

Thursday, August 6, 2020 12:27 pmThursday, August 6, 202016 Comments

Goldman Sachs analyst Rod Hall is an awful Apple analyst. Hall is so bad at his job, that last September, Apple even had to take the rare…

Apple Card starts credit file reporting to Experian

Monday, July 20, 2020 11:12 am2 Comments

Owners of Apple Card are reporting Apple is finally expanding the number of credit reference agencies to which the company reports, as the Apple…

Apple launches Apple Card website for managing accounts online

Thursday, July 2, 2020 1:03 pm5 Comments

Apple today launched a new website for Apple Card users to manage their accounts online. Previously, all interactions for the Apple Card were limited to…

Apple launches ‘Path to Apple Card’ program to help applicants with poor credit scores

Monday, June 29, 2020 4:53 pm2 Comments

Apple is launching a new, opt-in “Path to Apple Card” program for people who have their application declined. It is designed to help those with poor…

Apple plans new four-part debt offering

Monday, May 4, 2020 10:42 am30 Comments

Apple announced in a regulatory filing with the U.S. Securities and Exchange Commission today that the company is planning a four-part debt offering …

Goldman Sachs downgrades Apple stock to ‘sell’

Friday, April 17, 2020 9:38 amFriday, April 17, 202023 Comments

Goldman Sachs analyst Rod Hall downgraded Apple Inc. stock to “sell” on Friday and cut its price target to $233 from $250, as it reduced its earnings…

Apple, Goldman let Apple Card holders defer April payments

Wednesday, April 1, 2020 2:30 pmNo Comments

Due to the financial pressure from the COVID-19 pandemic, Apple and Goldman Sachs are letting Apple Card users defer April payments …

Goldman Sachs cuts near-term Apple estimate, but sees year-end rebound

Tuesday, March 17, 2020 4:44 pmNo Comments

Goldman Sachs analyst Rod Hall today reiterates his “Neutral” rating on Apple shares, cuts his price target to $265 from $300, and trims his estimates …

Dow surges nearly 200 points on gains in Apple, Goldman Sachs stocks

Thursday, January 9, 2020 2:23 pm2 Comments

The Dow was most recently trading 194 points (0.7%) higher, as shares of Apple Inc. and Goldman Sachs…

Goldman Sachs sees Apple’s share price plunging 35% this year

Monday, January 6, 2020 12:52 pmWednesday, January 8, 20207 Comments

In a note to clients on Monday, Goldman Sachs analyst David Kostin has predicted that Apple will lose more than a third of its value this year…

Retailers really don’t like paying the fees for your Apple Card

Tuesday, December 10, 2019 11:23 am9 Comments

This holiday season will be the first for the Apple Card, the highest-profile new credit card in years….

Apple Card begins to appear on credit reports

Thursday, December 5, 2019 10:16 amThursday, December 5, 20194 Comments

Goldman Sachs has confirmed that it is working with credit bureau TransUnion to begin reporting Apple Card info…

Elizabeth Warren ramps up attacks on Apple Card over gender bias claims

Tuesday, November 26, 2019 2:30 pmTuesday, November 26, 201923 Comments

Democratic Senators Elizabeth Warren and Sherrod Brown want the Consumer Financial Protection Bureau to examine allegations of bias against women who applied for an Apple Card…

Goldman Sachs CEO defends Apple Card approval process, says ‘there’s no gender bias’

Thursday, November 21, 2019 5:12 pmThursday, November 21, 20191 Comment

There’s no gender bias in our process for extending credit…

Elizabeth Warren slams Goldman Sachs’ response to Apple Card gender bias accusations

Thursday, November 14, 2019 9:28 amThursday, November 14, 201929 Comments

Democratic presidential candidate Elizabeth Warren fired back at Goldman Sachs’ response to allegations of gender bias against women applying for the popular Apple Card…

Goldman Sachs to allow household members to share Apple Card credit lines

Thursday, November 14, 2019 9:01 amThursday, November 14, 20191 Comment

The Apple Card previously had individuals apply for their own cards…

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