Apple Card customers who have opted to create a high-yield Apple Savings account through Goldman Sachs have been experiencing issues attempting to withdraw their money, according to a report from The Wall Street Journal. Multiple customers who transferred thousands of dollars to the Apple Savings account have had to wait weeks for money transfers in some cases, and some customers have also had money disappear. Kevin Smyth from Minnesota, for example, attempted to transfer $10,000 from his Apple account to U.S. Bank in mid-May, but Goldman Sachs would not complete the transfer. Customer representatives suggested he contact U.S. Bank, but U.S. Bank said there was no incoming transaction. Later, he was told that Goldman Sachs had placed his account under…
Apple’s high-yield savings account, a partnership with Goldman Sachs, launched in April. Some customers have endured longer than expected waits for withdrawals and transfers to complete. 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. AnnaMaria Andriotis for The Wall Street Journal: Nathan Thacker, who lives outside Atlanta, had been trying to transfer $1,700 from his Apple account to JPMorgan Chase since May 15. Each time he called Goldman’s customer service department, he said, he was told to give it a few more days. The money arrived in his Chase account Thursday morning, he said, after The Wall Street Journal contacted Goldman about his…
Apple’s oft-rumored mixed-reality headset, which the company is expected to reveal at WWDC on June 5th, “is likely to accelerate the adoption of augmented reality — and the broader phenomenon of ‘mixed reality,’ which encompasses full-immersion virtual-reality headsets that completely occlude a person’s vision,” Christopher Mims writes for The Wall Street Journal Designer Marcus Kane’s conception of Apple’s mixed reality headset (via Behance) Christopher Mims for The Wall Street Journal: Just as personal computers and then smartphones were once exotic and now both teach and distract us daily, augmented reality is coming for how we interact with the digital and physical worlds. Apple has a chance to succeed where others have failed… The key to Apple’s success — or failure —…
Apple shares rose $2.44 (+1.41%) to close at $175.43 in Friday trading. The company’s 52-week high of $176.39 was set on May 19th. Earlier this month, Apple reported Q223 earnings of $2.34 per share on revenue of $97.3 billion, beating analyst expectations of $2.18 per share on revenue of $94.1 billion. The company also announced that it would be returning $90 billion to shareholders in the form of buybacks and dividends. The strong earnings and buyback announcement have helped to further boost investor sentiment in the company. Charley Grant for The Wall Street Journal: The S&P 500, which is up 8.1% in 2023, would be down for the year without the contribution of the eight largest tech stocks. The tech-heavy…
The iOS 17 update that Apple plans to announce in June will include a dedicated journaling app, reports Bloomberg's Mark Gurman. The Wall Street Journal in April highlighted Apple's work on a Day One-style journaling app, but at the time, it was not clear if it would come in ‌iOS 17‌. According to Gurman, the app is indeed slated for inclusion in ‌iOS 17‌, and it will introduce "note taking and a stronger social element" to the iPhone. There are no other details on the app in the report, but The ‌Wall Street Journal‌ previously said that the app will let users keep track of their daily activities and their thoughts. Apple will give people topics to write about such…
Image: Apple Apple’s upcoming Worldwide Developers Conference (WWDC) is expected to be one of its biggest yet. After years of rumors and leaks, Apple could finally take the wraps off of its mixed reality headset, entering the company into a new product category and giving the world a first look at its attempt to prove that virtual reality is worth investing in. There’s also certain to be a lot more: operating system updates, new apps and features, and possibly some new hardware, too. Here, we’ve pulled together details on how and when you can watch the main WWDC keynote as well as some of the announcements that we expect from Apple. When is the WWDC 2023 keynote? Apple has confirmed…
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