nice summary of @Apple Card by @OscarWGrut. Agree w/ the sentiment. No direct threat to @chase et al., but interesting long-term play. Great opportunity for @GoldmanSachs to leverage Apple’s brand as they push further into consumer FShttps://twitter.com/OscarWGrut/status/1110516983634804736 …
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Replying to @olijharris @Apple and
Not sure if I agree... did you read this: https://www.quora.com/What-is-Apple-Card-the-new-credit-card-from-Apple-and-why-is-it-important/answer/Brian-Roemmele?ch=2&share=97d8c8a1&srid=Pi3 … by
@BrianRoemmele2 replies 0 retweets 2 likes -
Replying to @Danzinkin @Apple and
Agree with these points; elegant biz model. Love the analysis
@BrianRoemmele! I just don’t buy the customer benefit as significant over existing cards. Also, the UX advantages etc. are moot for those in the EU w/ open banking etc. I will stay with Amex for now! :)2 replies 0 retweets 1 like
Oli, indeed, I agree to a greater extent. I suspect the same Apple loyalists that are willing to pay more for a computer, smart phone, Bluetooth and other things may find the seduction of daily cash being used inside the Apple App and products ecosystem. Not new, but still big.
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