1) hard to say 2) because it’s 9toMac, they are a low quality blog and their writers know absolutely nothing about business reporting. Also, the take is plainl

1) hard to say 2) because it’s 9toMac, they are a low quality blog and their writers know absolutely nothing about business reporting. Also, the take is plainly wrong. The reason why Apple Card hasn’t expanded overseas is most likely that the rest of the Western world is not so deeply entrenched in a credit-debt system of personal financing like the US, so most of the other credit card markets are not really relevant enough for Apple to make an expensive move in internationalizing credit cards. In Europe, for example, you can’t pay many big expenses like your rent with a credit card, it’s all bank transfer based (which is why we have SEPA and modern zero-fee instant banking transfer technology now). Some eye-opening stats showing why Apple Card might never leave the US: https://www.spendesk.com/en-eu/blog/credit-card-statistics/ https://www.spendesk.com/en-eu/blog/credit-card-statistics/