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Macintosh News => iPhone/iPod/iPad News => Topic started by: HCK on July 07, 2023, 04:05:04 pm



Title: WSJ: Goldman Sachs wants to bail on Apple Card partnership after $1B loss, in talks with Amex
Post by: HCK on July 07, 2023, 04:05:04 pm
WSJ: Goldman Sachs wants to bail on Apple Card partnership after $1B loss, in talks with Amex

<div class="feat-image">(https://9to5mac.com/wp-content/uploads/sites/6/2023/06/apple-card-amex.webp?w=1600)</div>
<p>Apple has developed a deep relationship with Goldman Sachs through Apple Card, but apparently, it’s an unhappy marriage. According to the Wall Street Journal (https://www.wsj.com/articles/goldman-is-looking-for-a-way-out-of-its-partnership-with-apple-79849a91), Goldman Sachs is in talks with American Express about transferring its Apple partnership. This comes after Goldman revealed in January that it had lost over $1 billion (https://9to5mac.com/2023/01/13/apple-card-billion-dollars-plus-loss/) on the Apple Card (https://9to5mac.com/guides/apple-card/) deal so far.</p>
<p> <a href="https://9to5mac.com/2023/06/30/amex-apple-card-goldman-sachs/#more-894335" data-post-id="894335" data-layer-pagetype="post" data-layer-postcategory="apple-card" data-layer-viewtype="unknown" class="more-link">more…[/url]</p>
<p>The post <a rel="nofollow" href="https://9to5mac.com/2023/06/30/amex-apple-card-goldman-sachs/">WSJ: Goldman Sachs wants to bail on Apple Card partnership after $1B loss, in talks with Amex[/url] appeared first on <a rel="nofollow" href="https://9to5mac.com">9to5Mac[/url].</p>

Source: WSJ: Goldman Sachs wants to bail on Apple Card partnership after $1B loss, in talks with Amex (https://9to5mac.com/2023/06/30/amex-apple-card-goldman-sachs/)