You got any interest in taking over this Apple Pay thing? Good business. The company is reportedly looking to American Express to take over its entire credit card business, although a deal has not gone through yet.
You can’t really blame them for trying to squirm out of the deal. Moreover, he tries not to get into similar deals in the future. The Macalope doesn’t know about you, but when he gets into business deals that lose him billions of dollars, he considers those bad deals and attempts to get out of them. This comes after reports that Goldman Sachs has lost billions in the relationship.
“Goldman Is Looking for a Way Out of Its Partnership With Apple”Īpple Pay was just another in a long string of Apple products that pundits told us were doomed from the start. Don’t think about it too hard.)įortunately for Apple, the down here is actually for another company, but it’s a whopper. (It’s just a theme to pull two mostly unrelated stories together, people.
As you’d expect, ups and downs in Apple’s world can be pretty big. Apple’s $3 trillion market cap is nice and all, but does it really matter?
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