Apple in mid-April launched a new Savings account with a 4.15% yield, 10 times the national average for banks. “We are very pleased with the initial response,” Apple CEO Tim Cook told analysts in early May. Apple Card users can choose to grow their Daily Cash rewards by automatically depositing their Daily Cash into a high-yield Savings account from Goldman Sachs. Carleton English for Barron’s: Apple doesn’t aspire to be a bank, but it’s pushing deeper into financial services, aiming to generate extra income while keeping its one billion-plus iPhone users hooked on the Apple ecosystem. The company is expanding into payments with its Apple Pay service. It has built a credit-card business with Goldman Sachs Group, its partner for…

Apple in mid-April launched a new Savings account with a 4.15% yield, 10 times the national average for banks. “We are very pleased with the initial response,” Apple CEO Tim Cook told analysts in early May. Apple Card users can choose to grow their Daily Cash rewards by automatically depositing their Daily Cash into a high-yield Savings account from Goldman Sachs. Carleton English for Barron’s: Apple doesn’t aspire to be a bank, but it’s pushing deeper into financial services, aiming to generate extra income while keeping its one billion-plus iPhone users hooked on the Apple ecosystem. The company is expanding into payments with its Apple Pay service. It has built a credit-card business with Goldman Sachs Group, its partner for…

Jay Newman, a former senior portfolio manager at Elliott Management, wonders what will happen with Apple currently attempting to diversify production and assembly out of CCP-controlled China. Apple CEO Tim Cook Jay Newman for Financial Times: The world’s most valuable company makes great products, but it may turn out that the biggest driver of its share price has been the close relationship CEO Tim Cook has cultivated with China. Entente cordiale with the Chinese Communist party affords Apple a charmed existence when it comes to manufacturing and selling products in China. But scary data points keep popping up. Just in recent weeks, China has sanctioned Lockheed Martin and Raytheon; begun a probe of Micron; raided the due diligence firm Mintz…

Macworld Apple’s AirPods wireless headphones offer an iconic look, exceptional convenience, and strong audio quality. They come with a premium price tag, however, so it’s important to shop around for a good deal… or find a bunch of tech experts who’ll do this for you. That’s where we come in. In this article, we round up the best AirPods discounts and bundle deals to help you save money. We’ve got the best prices on the 3rd-gen AirPods that were released in October 2021, the new 2nd-gen AirPods Pro that launched in September 2022, and the premium AirPods Max over-ear headphones from 2020. We’ve also got bargain deals on some older models, such as the early-2019 second-gen AirPods, where stock is…

Macworld You don’t have to pay full price to buy an iPhone; if you shop around you can find a bargain. Every month the Macworld team hunts down the best prices on iPhones at all major retailers and cellphone operators, saving you the hassle of finding the best iPhone deals. In this article we reveal the best iPhone deals, contracts and bundles available right now. We’ll help you find a discounted iPhone suitable for any budget, and cover all eight currently available models, from the mighty iPhone 14 Pro Max down to the humble iPhone SE. We even round up the best prices on discontinued handsets. If you’re buying a new iPhone, be sure to get a case: see our…