As Apple Inc. accelerates internal discussions around leadership succession, hardware engineering chief John Ternus has emerged as the leading candidate to eventually succeed Chief Executive Officer T... ...

Key Takeaways JPMorgan will acquire the Apple Card portfolio, totaling over $20B in card balances.The transition is expected to take ~24 months, pending regulatory approvals.The deal strengthens JPM's co-brand card business and deepens its Apple partnership. JPMorgan Chase & Co. (JPM) and Apple Inc. (AAPL) recently announced that JPM will become the new issuer of Apple Card, replacing Goldman Sachs (GS) . The transition is expected to be completed in approximately 24 months, subject to customary regulatory ...

Follow Apple on Seeking Alpha! Learn more about Seeking Alpha Quant Ratings Get Started With Seeking Alpha Premium Now This video's transcript was generated by a third party. It is not curated or reviewed and is provided for convenience and information purposes only. The accuracy and completeness of the transcript are not guaranteed. Welcome to 2 Minute Analysis. Our goal is to not only entertain, but provide value and insights about the investments you care about. So, let's throw 2 minutes on the clock a ...

Stock image. China’s threats this week to restrict rare earths exports to Japan could harm the Japanese economy and manufacturers, which heavily depend on China for supplies of the critical minerals.China’s Ministry of Commerce announced Tuesday a ban on the export to Japan of dual-use items that have civilian and military applications, the state-run China Daily reported.But Beijing is also considering curbs on export permits for some rare earth-related products, according to the Daily.The move appears to b ...

Key Takeaways Chase will take over as issuer for Apple Card, with the transition completing in about 24 months. AAPL's Services revenue rose 14% in fiscal 2025, driven by Apple Pay, TV , and Arcade expansion. AAPL faces fintech pressure from GOOGL's Wallet and AFRM's growing buy now, pay later offerings.Apple (AAPL) and Chase announced that the latter will assume the role of issuer for Apple Card, with the transition expected to be completed in roughly 24 months. During this period and beyond, Apple Card us ...

Core Viewpoint - Apple's services business is experiencing consistent double-digit growth, significantly contributing to earnings per share growth, which is outpacing revenue growth [1][5]. Financial Performance - In fiscal 2021, Apple's revenue increased by over 33% year over year, followed by an 8% growth in fiscal 2022, resulting in a total revenue increase of 44% over two years [2]. - Despite muted sales growth post-fiscal 2022, Apple's five-year compounded revenue and earnings-per-share growth remains impressive [3]. Growth Catalysts - Apple is expected to see easier sales comparisons moving forward, which should facilitate sales growth [6]. - Management anticipates revenue growth of 10% to 12% year over year for the first quarter of fiscal 2026, driven by a strong new iPhone lineup [7]. - The services segment is projected to grow by 14% year over year in fiscal 2025, with similar expectations for the first quarter of fiscal 2026 [8]. Artificial Intelligence Impact - Apple's AI features are beginning to influence purchasing decisions, with potential for significant future impact on sales [9]. - The company has a history of launching new products and features that drive substantial sales growth, suggesting that AI could unlock new opportunities [11]. Investment Perspective - The combination of AI potential and Apple's history of successful product launches positions the company as a "sleeping giant" with the potential for significant acceleration in business performance [11].

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周四，二者之间的差距进一步拉大，苹果开盘下跌1.2%，而Alphabet上涨1.1%。 观点网讯：1月9日，市场消息显示，谷歌母公司Alphabet市值已超越苹果，成为全球第二大公司。 据悉，Alphabet股价周三上涨2.4%，收盘市值达到3.89万亿美元，超过苹果。苹果周三收盘市值为3.85 万亿美元，股价经历六连跌，累计跌幅近5%，市值蒸发近2000亿美元。 免责声明：本文内容与数据由观点根据公开信息整理，不构成投资建议，使用前请核实。 这是自2019年以来Alphabet的市值首次超过苹果。 英伟达仍是全球市值最大的股票，约4.6万亿美元。 ...

Core Insights - Apple has launched its own credit card, the Apple Card, in partnership with Goldman Sachs, aimed at enhancing customer loyalty and providing financial services to its users [1][2] Product Overview - The Apple Card has no annual fee and offers a cash-back rewards structure, with 3% cash back on Apple purchases and select merchants when using Apple Pay, 2% cash back on all Apple Pay purchases, and 1% cash back on other purchases [4][18] - The card allows users to save cash back in a high-yield savings account, providing an opportunity to earn interest on rewards [5][10] - Users can opt for Apple Card Monthly Installments to make large purchases interest-free, while still earning cash back [6][11] Rewards Structure - To maximize rewards, users are encouraged to use Apple Pay, which is accepted at 85% of merchants in the U.S. [12][19] - The card's rewards are issued as daily cash back, which can be redeemed in various ways, including direct deposits into a savings account or Apple Cash [10][37] Benefits and Limitations - The Apple Card offers simplicity in earning and redeeming rewards, with no foreign transaction fees and no promotional APR [18] - However, it lacks additional benefits found in other credit cards, such as travel insurance or bonus reward categories, which may limit its appeal to some consumers [13][18] Target Audience - The Apple Card is particularly suited for users who frequently shop with Apple and prefer a straightforward cash-back rewards system [11][12] - It may not be the best option for those who prioritize travel rewards or have existing cash-back cards that better align with their spending habits [14][13]

John Ternus, a low-profile but influential executive at Apple, could be next in line to replace the company's longtime chief executive, Tim Cook, if he steps aside. ...