This is MacO S Ken.

Apple sort of responds to the Goldman Sachs report. Morgan Stanley weighs Apple pros and cons, and so many

end-of-year lists and insights from Apple.

It is Thursday the 30th of November, 2023.

I'm Ken Ray and this is news from Maco West Ken,

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Apple has addressed the Goldman Sachs Wall Street Journal article without actually addressing the news in it.

I told you yesterday of the journal report

which said Apple would be ending its consumer-focused financial partnership with

Goldman in the relatively near future.

According to the journal, Apple recently sent a proposal to Goldman to exit from the contract in the next

roughly 12 to 15 months,

according to people briefed on the matter.

The exit would cover their entire consumer partnership,

including the credit card the companies launched in 2019 and the savings account

rolled out this year. Now a piece from Apple Incider has Apple offering comment

on the issue without really addressing it.

Quoting the statement, Apple and Goldman Sachs are focused on providing an incredible experience for our customers to help them lead healthier financial lives.

The award-winning Applecard has seen a great reception from consumers,

and we will continue to innovate and deliver the best tools and services for them.

Well it doesn't really say much, says Apple Insider.

...