The same day that Apple unveiled the Apple Watch Series 6 and Apple Watch SE, the company expanded its 0% Apple Card financing service to cover its line of smartwatches.
Apple launched its 0% Apple Card financing option for iPhone back in December. This June, it expanded it to cover Mac, iPad, AirPods Pro, AirPods, and Apple Pencil — although Apple Watch was strangely MIA.
Samsung’s answer to Apple Card is here, but the two won’t be battling it out for customers just yet. While Apple Card remains a U.S. exclusive, Samsung Pay Card on Tuesday made its debut in the U.K.
Samsung’s product has some neat advantages over Apple’s, like the ability to link multiple cards together. It’s the result of a partnership between Samsung, MasterCard, and British fintech company Curve.
As Apple’s services division grows in importance, the company’s newest services — Apple TV+, Apple Arcade, Apple News+ and Apple Card — are failing to bring in significant revenue, according to a new report.
Bloomberg‘s Mark Gurman writes that, while services likely will increase yet again when Apple announces its Q3 earnings this week, most of these gains will come from older services like the App Store.
Apple is giving out a free $50 to any new Apple Card users who use their fancy credit card to sign up to an Apple subscription service like Apple Music, Apple News+ or Apple TV+, or to spend money in the App Store.
The sign-up deal runs through the end of July. It applies to customers who are spending money on one of Apple’s services using their Apple-branded credit card for the first time.
The novel coronavirus continues to hurt the U.S. economy, with unemployment about 13%. With so many out of work, or earning far less than they usually do, Apple and Goldman Sachs are offering to let people people struggling financially because of the COVID-19 pandemic skip their July Apple Card payment without being hit with interest fees.