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Apple Card - page 6

Apple Card already costing Goldman Sachs big bucks

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Apple Card
The bank backing the Apple Card is making a big bet on its success.
Photo: Apple

Goldman Sachs is taking on Apple‘s much-anticipated credit card as part of pivoting from investment banking to consumer banking. But it’s not coming cheap: the company has spent $275 million this year on the Apple Card and other consumer-oriented initiatives.

The last macOS Mojave update is nearly ready for public launch

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Mojave's new tool offers plenty of options for Mac screenshots.
Grab the new macOS Mojave beta now.
Photo: Apple

The handful of developers still beta testing macOS Mojave instead of macOS Catalina were treated to a brand new beta build in the form of macOS 10.14.6 today.

This is the fifth beta of macOS 10.14.6 which adds a host of new bug fixes and performance improvements to the Mac before Apple goes all-in on macOS Catalina this fall.

Proposed bill could kill new financial services from tech giants

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Apple Card
More tech companies have been racing to launch financial services.
Photo: Apple

Tech companies are getting into the finance game, and not everyone’s happy about it.

That’s why a new draft bill is raising the possibility of banning tech companies from acting as financial institutions or issuing their own digital currencies.

Apple Card inches closer to launch with new iOS 12.4 beta

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Apple Card
By design, Apple Card helps customers understand and track their spending.
Photo: Apple

The long wait for Apple Card to launch might soon be over if the latest beta software from Apple is any indication.

iOS 12.4, which includes support for Apple Card, just got its fifth beta build today along with new beta builds for macOS 10.14.6 and watchOS 5.3.

Apple Card beta opens to thousands of retail workers

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Apple Card
By design, Apple Card helps customers understand and track their spending.
Photo: Apple

Apple is rapidly expanding the beta program of its credit card by letting thousands of its retail employees test it out.

With a public launch slated for later this summer, Apple is reportedly working out the final kinks with an internal group so it can launch on time this summer.

Apple Card gets $999 accessory you didn’t know it needed

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GRAY
Your Apple Card deserves a classy wallet.
Photo: GRAY

Exorbitantly priced Apple accessories are all the rage this summer thanks to the new Pro Stand, so why not grab one more stupid expensive add-on for your Apple Card?

Singapore-based luxury brand GRAY unveiled its newest range of minimalist card wallets this week. Like the Apple Card, it’s made of titanium and has a beautiful minimalist design. And like the Pro Stand, it will set you back a cool grand.

Take a closer look:

Goldman Sachs CEO says he’s already using Apple Card

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Apple Card
Are you excited about Apple Card?
Photo: Apple

The Apple Card hasn’t publicly launched yet, but employees at both Apple and its partner Goldman Sachs are already publicly testing out the credit card.

In an interview at Recode’s Code Conference, Goldman Sachs CEO David Solomon talked about his experience of using the joint credit card. Perhaps unsurprisingly, he really, really likes it.

Developers get their hands on Apple’s latest betas

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iOS 12.1 could be out for iPhone and iPad by the end of this month.
Go get them now!
Photo: Apple

Apple has today seeded a bunch of new beta updates to registered developers.

A fourth iOS 12.4 release, the third tvOS 12.4 and watchOS 5.3 releases, and a second macOS 10.14.6 release are available now. Sadly, there are no new iOS 13, iPadOS, or watchOS 6 betas just yet.

Goldman Sachs isn’t worried about lack of profitability for Apple Card

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Apple Card
Apple Card will launch this summer.
Photo: Apple

Apple Card partner Goldman Sachs is taking a very Apple approach to making money from the venture, by pushing customer loyalty over squeezing out as much profitability as possible.

At an “IGNITION: Transforming Finance” event on Monday, Omer Ismail, who heads up Goldman’s Marcus division, talked Apple Card. Ismail also explained why he’s not worried about a potential lack of profit.

Apple will fix iPhone 8 Plus Portrait mode bug today

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iPhone Depth Control
iOS 12.3.2 will bring depth back to your Portrait photos.
Screenshot: Apple

Apple will roll out a new software update today to fix a Portrait mode bug on the iPhone 8 Plus.

iOS 12.3.2, which comes just two weeks after the release of iOS 12.3.1, is another minor update for most iPhone and iPad users. For those with an iPhone 8 Plus, however, it will bring depth back to Portrait photos.

Citigroup reportedly pulled out on Apple Card deal

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Apple Card
Apple Card might be the most consumer-friendly credit card ever.
Photo: Apple

One of Goldman Sachs’ biggest rivals pulled out on a deal that would have made it the bank backing Apple Card.

Citigroup reportedly was in advanced negotiations with Apple but pulled out of the Apple Card deal due to doubts that it will be profitable.

Steve Jobs first proposed an Apple credit card in 2004

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This Apple Card from 2004 never made it into anyone’s Apple Wallet.
This Apple Card from 2004 never made it into anyone’s Apple Wallet.
Photo: Ed Hardy/Cult of Mac

The Apple Card announced this spring isn’t a new idea; it was first floated well over a decade ago. This came as a proposal by then-CEO Steve Jobs made so long ago it would have offered users rewards in the form of free iTunes music to load onto their iPods.

U.S. iPhone user base is growing at its slowest rate ever

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iPhone sales
Critics say Apple needs to build more affordable iPhones.
Photo: Apple

Apple’s iPhone sales in the U.S. are starting to flatline, according to data from the Consumer Intelligence Research Partners.

Growth of the iPhone install base in the U.S. has been on a downward trend for years now, but CIRP’s latest report reveals that growth was at its slowest rate ever during the first quarter of 2019.

iOS 12.4 beta 1 arrives with Apple Card support

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Apple Card
By design, Apple Card helps customers understand and track their spending.
Photo: Apple

Apple’s work on iOS 12 isn’t quite done just yet.

Even though WWDC 2019 and the debut of iOS 13 is less than a month away, Apple is out with its first beta of iOS 12.4 today. The new beta comes less than a week after Apple released iOS 12.3 to the public, bringing the new Apple TV app to the masses along with tons of bug fixes and performance improvements for iPhone and iPad.

Apple Card’s colorful packaging revealed ahead of launch

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Apple Card packaging
Here’s how Apple Card will be presented to consumers.
Photo: Ben Geskin

New photos reveal how Apple Card will be presented to consumers when it starts reaching early adopters this summer.

It’s the first time we’ve seen the titanium Card’s fancy packaging since it was announced back in March. It is said to be in beta testing with Apple employees ahead of its launch.

iOS 12.3 beta 4 arrives with fresh fixes for iPhone and iPad [Updated]

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The Apple TV app gets a raft of new features in iOS 12.3.
The Apple TV app gets a raft of new features in iOS 12.3.
Photo: Ed Hardy/Cult of Mac

Apple seeded the fourth beta of iOS 12.3 to developers this morning, just one week after the last beta was released. iOS 12.3 beta 4 brings with it a number of changes for iPhone and iPad, including changes to the Apple TV app, Wallet app tweaks and tons of bug fixes.

Update: The public can now also download iOS 12.3 beta 4, allowing anyone to test out the new features.

Apple shows off new services, then kills AirPower [Cult of Mac Magazine No. 290]

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When we say
When we say "no new hardware this week," we really mean it. (RIP, AirPower.)
Cover: Leander Kahney/Cult of Mac

Apple pulls back the curtain on its wily master plan, giving us our first glimpse at a squeaky-clean new TV service, an ambitious subscription videogame service, a slightly familiar-sounding magazine and news service and more. (Spoiler alert: The Apple credit card steals the show.)

And then, after all that, Cupertino unceremoniously pulls the plug on its AirPower wireless charging mat.

Get our take on Apple’s new services, plus new how-tos and reviews, in this week’s issue of Cult of Mac Magazine for iOS. Download the free app now, or get the links below to read the week’s best stories in your browser.

People can’t wait to get their hands on Apple Card

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Apple Card
So far, Apple Card seems to be generating more excitement than this company’s TV service.
Photo: Apple

Apple unveiled four new services last week, including its much-anticipated lineup of TV shows, but the Apple credit card apparently stole the show.

A survey found that a whopping 85 percent of iPhone users are at least somewhat interested in this card, which is an adjunct to Apple Pay.

This cool Apple Card feature keeps your number super-safe

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Apple Card
Of course Apple made the most beautiful credit card ever.
Photo: Apple

The days of worrying about someone stealing your credit card number during a transaction are about to be long-gone once Apple Card launches.

New details about Apple Card and its features were revealed today and one of the most surprising tidbits is that the credit card number can be regenerated with a push of a button to protect you from fraud.

 TV+,  Card,  Arcade,  News+, we react to it all, on The CultCast

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CultCast 381 Lisa
Apple's got four new services for you to choose from.
Photo: @YSR50

This week on The CultCast:  News+,  TV+,  Arcade,  Card … we react to it all. We’ll fill in the details on Apple’s new services. And, just when you thought it was safe to type, Apple apologizes for yet more MacBook Air and MacBook Pro keyboard issues.

Our thanks to Squarespace for supporting this episode. Easily create a beautiful website all by yourself, at Squarespace.com/cultcast. Use offer code CultCast at checkout to get 10% off your first purchase of a website or domain..

Activating your Apple Card will be insanely simple

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Apple Card activation 2
Apple Card is going to be a beautifully simple user experience.
Photo: 9to5Mac

One thing I’ve long loved about Apple products is how easy they are to setup. There’s no scouring incomprehensible user manuals. Simply turn a new device on and you’ll be using it within minutes.

That same philosophy sounds like it’ll be carried over to Apple Card, the company’s first (well, second) ever credit card.

Promo video showcases Apple Card’s gorgeous design

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Apple Card
The Apple Card is a thing of beauty.
Photo: Apple

Against all odds, Apple Card was the most exciting thing coming out of Monday’s keynote event. The credit card itself won’t be available until later in the year. However, in the meantime an Apple promo video lets us salivate at the prospect of the gorgeous titanium wallet pleaser.

Check out the newly uploaded video, originally shown off during Monday’s “Show Time” event, below.