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Apple May Soon Launch a Credit Card with Goldman Sachs: Report

Apple, Goldman Sachs may launch credit card next year

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Top apps using Siri Shortcuts to make daily tasks easier: Apple. Pixabay

Apple has reportedly partnered with investment bank Goldman Sachs and might release a credit card next year, a media report said.

A report in Wall Street Journal claimed that the new credit card — which marks the end of Apple’s credit card partnership with Barclays — would use the Apple Pay branding.

Goldman Sachs would also offer in-store loans to Apple customers, the report said.

The move follows Goldman Sachs acquisition of the team behind Final, a credit card startup. Final’s dozen employees later joined Goldman’s new Consumer and Commercial Banking division.

Also Read: Apple to Invest in Eco-Friendly Aluminium Smelting Technology R&D

Goldman Sachs has a partnership with American Express and its Platinum card. This would be its first foray into consumer credit cards.

For Apple, the move is expected to increase user adoption of Apple Pay. (IANS)

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Apple to Refresh its Offerings in iPad, MacBook Pro Line-up

Though the launch dates of all the products remain unclear, the first ones are expected to come in March

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The Apple logo is shown outside the company's Worldwide Developers Conference in San Francisco, California. VOA

Apple is expected to refresh its offerings in iPad, MacBook Pro, monitors and iPhones even as the company has been bearing heavy losses in 2019, according to famed Apple analyst Ming-Chi Kuo.

“Kuo says that the 2019 iPhone models will retain the 6.5-inch, 5.8-inch and 6.1-inch screen sizes along with lightning connectivity, the current 9.7-inch iPad will increase in size to 10.2-inch and the company will return to the display market with a 31.6-inch 6k3k monitor,” 9To5Mac reported on Monday.

The iPhones are expected to feature ultra-wide band connectivity for indoor positioning and navigation, frosted glass casing, bilateral wireless recharge for charging other devices, upgraded Face ID, larger batteries and a triple camera design for iPhone 11 Max.

According to Kuo, this year, Apple may also release two new iPad Pro models with upgraded processors, a new MacBook Pro between 16 inches and 16.5 inches in a new design with “easy to upgrade components”.

Apple, Campus, China
A customer is entering the Apple store in Fairfax, Virginia. VOA

Currently, the 13-inch MacBook Pro maxes out at 16GB RAM, but Kuo suggests that the iPhone-maker may add a 32GB RAM option also.

“Kuo adds that the Apple Watch ECG function will come to additional countries this year along with a ceramic casing design and AirPods 2 will support wireless charging and upgraded Bluetooth connectivity,” the report added.

Also Read- Facebook To Come Up With Its Own AI Chip

Though the launch dates of all the products remain unclear, the first ones are expected to come in March. (IANS)