Apple’s ongoing push into financial products and services, including its new high-yield Savings account with Goldman Sachs, could spell trouble for regional banks trying to retain deposits amid the banking system’s recent distress and rising interest rates. Apple Card users can easily set up and manage Savings directly in their Apple Card in Wallet. Lyle Niedens for Investopedia: Last month, Apple extended its foray into finance by launching a high-yield savings account allowing Apple Card users to store their daily cash rewards in a Goldman Sachs savings account offering an annual percentage rate of 4.15% — more than 10 times the national average. In recent weeks, some bank customers have grown skittish about depositing money in the U.S. banking system,…
Macworld Editor’s note: 25 years ago today, Apple revealed the iMac. To commemorate the anniversary, we are reposting this article that originally appeared on the iMac’s tenth anniversary in 2008. The iMac made an instant impression when Apple first unveiled it in May 1998. But it didn’t start to really shake things up until it began to ship, which happened on August 15, 1998. Arguably the most influential desktop computer of the last decade, the original iMac’s specifications seem quaint by today’s standards. For $1,299, you came home with a 233MHz PowerPC G3 processor, 32MB of RAM, a 4GB hard drive, a 15-inch built-in monitor, and stereo speakers, all in an amazingly stylish case. The Bondi Blue wonder heralded the…
Macworld Macs may be a far less tempting target for malware and viruses, but they’re not immune from attack. Even if you don’t care about adware or being used as means to infect users on other platforms, it’s still possible to fall victim to ransomware, or password theft. Accordingly, good antivirus for Mac software will protect your Mac on all of these fronts. It’ll catch malware that’s still spreading or in circulation; block ransomware; protect older systems with out-of-date software from security vulnerabilities; prevent your Mac from acting as a carrier for malware aimed at other operating systems; and keep infected files off of any virtual machines you’re running. As to the question of which Mac antivirus software you should choose,…
The first week of Apple Savings proved Apple's ecosystem strength with a mass of new accounts and nearly $1 billion in deposits.Apple Savings has a 4.15% APYApple Savings is a high-yield savings account run by Goldman Sachs, with the front end owned by Apple. It is tied to the Apple Card and, thus, a US-only feature. Read more...
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