Apple will evolve.. It will have to start acting like a savvy allocator and take decisions accordingly because sitting on $250B+ of cash ~ and what is the biggest market out there ~ payments! $200Trillion.
Thanks. Apple innovates in the US and has launched many financial products in the US which haven't made their way to Europe. It's been frustrating how few of these additional product lines such as Apple Card have launched outside of the US, but ultimately that's because our interchange is so low in Europe, it likely wouldn't make sense.
Interesting read on Apple Pay!
Apple will evolve.. It will have to start acting like a savvy allocator and take decisions accordingly because sitting on $250B+ of cash ~ and what is the biggest market out there ~ payments! $200Trillion.
Thanks. Apple innovates in the US and has launched many financial products in the US which haven't made their way to Europe. It's been frustrating how few of these additional product lines such as Apple Card have launched outside of the US, but ultimately that's because our interchange is so low in Europe, it likely wouldn't make sense.