2020-06-07
@Techmeme @markgurman With consumers limited wallet share, $APPL is leveraging Apple Pay to provide financing for consumers to purchase multiple devices (stickiness); it also accelerates adoption for Apple Pay, using software and hardware to lock users into Apple's ecosystem
Bloomberg
Sources: Apple to roll out 12-month interest-free Apple Card payment plans for iPads, Macs, more and 6-month plans for AirPods, Apple TV, and HomePod
- Company gearing up for monthly installments for Apple Card — Similar feature for iPhone purchases already available on card