4 ms·

Classic Apple: they weren't sure whether a card would be a good idea or not so they did it in a way that shifted a lot of the risk onto someone else (who could

by gumby 4y ago

Classic Apple: they weren't sure whether a card would be a good idea or not so they did it in a way that shifted a lot of the risk onto someone else (who could handle it) and kept the part good for them.

snapetom 4y ago
Or mayyybeeee since credit cards come with a whole mountain of regulations that can only be offered by financial institutions, just like every other retailer that has a branded card (Walmart, Amazon, Target), they decided to partner with a real bank? But no, we'll go with your blind anti-Apple conspiracy.
- gumby 4y ago
  Hey, that was intended as a pro-apple analysis. The JPM deal was widely reported and isn't the same as the usual branded cards. I think Apple played them well, as so they should have.
  - mlyle 4y ago
    > The JPM deal was widely reported and isn't the same as the usual branded cards What JPM deal? Do you mean the Goldman deal?
    - gumby 4y ago
      Yes, my error. Fortunately I can’t edit my comment any more so that error will live on in infamy.