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Apple Card expected to earn Apple $1B annually with minimal risk to Apple

Wednesday May 29, 2019. 03:02 PM , from AppleInsider
Apple Card could earn Apple $1 billion dollars in revenue within a few years of its launch, analysis of the upcoming credit card suggests, with the service likely to be "almost pure profit" to the iPhone maker while partner Goldman Sachs handles the vast majority of the risk and its operation.
https://appleinsider.com/articles/19/05/29/apple-card-expected-to-earn-apple-1b-annually-with-minima...
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