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They are the poster child for vertical integration. And I mean they have the capital. It’d be funny if Apple became a bank before X.
by dartos 3y ago
They are the poster child for vertical integration.
And I mean they have the capital. It’d be funny if Apple became a bank before X.
- dmoy 3y agoBecoming a bank brings a whole stack of regulations that most companies would rather avoid like the plague. It's not glass-stegall level of forced separation anymore, but it's still more onerous than is probably worth it for Apple. But it's possible. You do see it sometimes, e.g. car companies (also worth noting though, most of those have been spun off).
- dartos 3y agoFor sure, but Apple isn’t most companies.