On Friday, CNBC guests pointed out the High Demand for AirPods and the 'Big Story' being Apple Card

General News

Summary

On CNBCs Closing Bell financial news segment on Friday afternoon, D.A. Davidson & Co. analyst Tom Forte stated that the "big story for Apple this holiday shopping season won’t be what products consumers buy but how they pay for it. With the iPhone market reaching a mature state, Apple has turned its focus toward expanding the number of services it offers to drive growth. That includes, as Forte pointed out, its foray into the financial services world with the launch of its Goldman Sachs-backed credit card earlier this year and the streaming wars with Apple TV+, along with its plans to dive deeper into health care services. Apple Card will allow users to purchase iPhones free of interest for 24 months.

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industries
InsurTech
applications
Web and Content Management

AskAI Classifications

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Software Development SaaS AI and Data Engineering

Linked Companies

Forte Group
$100M to $250M