PayPal Q2 Preview: Apple's Not A Threat

Justin Sullivan Investment Thesis Since PayPal's (NASDAQ:PYPL)’s Q1 report, shares of the global payment processing giant have declined. A big reason for this was Apple's announcements at the Worldwide Developers Conference (WWDC) event back in June. Apple introduced a series competing consumer payment & financing rails option for Buy Now, Pay Later (BNPL) services to compete against established players such as PayPal (they partnered with Affirm to power their solution). PayPal stock has hurt from this, ...