Goldman Sachs loses executive who secured Apple Card deal

"Deal Guy" Scott Young is leaving Goldman Sachs, having helped win the Apple Card project for the firm, its most successful credit card launch ever.

William Gallagher 4 years ago 4

iPhone 13 supply largely meets demand, MacBook Pro still constrained

Analysis of Apple delivery estimates suggests that iPhone supply has largely met demand, while there are continued constraints for the MacBook Pro, according to Goldman Sachs.

Mike Peterson 4 years ago 4

Apple Card offers 0% financing to customers confused about Apple Card Monthly Installments

Apple Card is extending 0% APR financing to customers who recently purchased an Apple product expecting to receive the payment option, which is available for most major items through the Apple Card Monthly Installments program.

AppleInsider Staff 4 years ago 7

Apple adjusting balances for missed cash back on iPhone 13 preorders

Apple appears to be automatically issuing Apple Card "balance adjustments" to make up for the missed 3% Daily Cash that some iPhone 13 pre-order customers missed out on.

Mike Peterson 4 years ago 2

Apple Card is 'bright spot' in credit cards, says J.D. Power rankings

Goldman Sachs and Apple's Apple Card is number 1 in a J.D. Power ranking of what is described as the midsized credit card market.

William Gallagher 4 years ago 8

iPhone strength in the US will offset China weakness in Q3 and Q4, analyst says

Investment bank Goldman Sachs expects Apple to report a strong June quarter and guide well for Q4, driven largely by solid Q3 U.S. iPhone shipments and September quarter build estimates.

Mike Peterson 4 years ago 1

Rumors of 'Apple Pay Later' service cause rivals' shares to drop

Rivals to Apple's as yet only rumored pay-later credit addition to Apple Pay have seen their shares drop dramatically.

William Gallagher 4 years ago 1

Apple, Goldman Sachs working on Apple Pay 'buy now, pay later' service

Apple is allegedly working with Goldman Sachs to provide enhanced installment payment plans to its customers without using Apple Card, in a service internally known as "Apple Pay Later."

Malcolm Owen 4 years ago 32

China iPhone 12 cycle 12% weaker than iPhone X was, analyst claims

Amid a dip in the Chinese smartphone market, Goldman Sachs says that current iPhone shipments in China are 12% lower than the iPhone X series, bucking talk of a super cycle.

Mike Peterson 4 years ago 13

Goldman Sachs Rod Hall admits defeat, hikes Apple target to $130

After a year of sub-$100 predictions for Apple stock, Goldman Sachs' Rod Hall has upped his 12-month price target to $130 from $83 after Apple posted another profound earnings beat for the second quarter.

Mike Peterson 5 years ago 22

China smartphone data shows solid iPhone 12 demand, but no 'super cycle'

Analysts are weighing in on the latest smartphone shipment data out of China, which suggests solid demand for iPhone models but casts doubt on a "super cycle."

Mike Peterson 5 years ago 10

Reopening, end of Apple TV+ trial are risks to Services revenue, bearish analyst says

Goldman Sachs believes that a slowdown in App Store growth and the possibility of an end to Apple TV+ free trials presents "significant downside risk" to Apple's investors looking ahead to 2022.

Mike Peterson 5 years ago 13

Goldman Sachs cleared of Apple Card discrimination claims

Goldman Sachs did not break any fair lending laws, an investigation into discriminatory allegations against the Apple Card underwriter reveals, but a regulator adds those same rules need to be strengthened and modernized.

Malcolm Owen 5 years ago 11

Apple Car could bolster services but low margins limit upside, analyst says

Goldman Sachs believes that an "Apple Car" makes sense as a services-supporting hardware platform, but notes that the high costs of releasing a car could mean a limited impact for investors.

Mike Peterson 5 years ago 32

Apple's Mac gained market share in growing PC market

Apple Mac revenues rose 50% year-over-year in the third quarter of 2020 as global PC unit shipments increased 18%, driven largely by continued work-from-home and remote learning trends.

Mike Peterson 5 years ago 17

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