Apple Card Acquisition Costs Estimated At $350 Per Cardholder
Not with a bang but a whimper? And even some losses? Maybe initially. The Apple Card looms, with a rollout that began last week through Goldman Sachs, and according to at least one analysis, the card might underwhelm consumers, lead to muted results (at least at the outset) for its tech and banking backers, and for Goldman, even lead to losses, depending on the economic climate. In a report issued Wednesday by Nomura analysts, the overreaching takeaway is that there is indeed potential for disruption, but the longer term is, well, very long term, according to Investor's Business Daily. Read More: https://www.pymnts.com/apple/2019/analyst-apple-card-acquisition-costs-estimated-350-per-cardholder/
Not with a bang but a whimper? And even some losses? Maybe initially. The Apple Card looms, with a rollout that began last week through Goldman Sachs, and according to at least one analysis, the card might underwhelm consumers, lead to muted results (at least at the outset) for its tech and banking backers, and for Goldman, even lead to losses, depending on the economic climate. In a report issued Wednesday by Nomura analysts, the overreaching takeaway is that there is indeed potential for disruption, but the longer term is, well, very long term, according to Investor's Business Daily. Read More: https://www.pymnts.com/apple/2019/analyst-apple-card-acquisition-costs-estimated-350-per-cardholder/