Apple stock: why JPM switch is strategically sound but financially modest

JPMorgan has replaced Goldman Sachs as the issuer of "Apple Card,†marking a significant shift in the tech titan's financial services strategy. On the surface, it's a seismic shift that offers Apple Inc. (NASDAQ: AAPL) a stronger, more stable banking partner with unmatched scale, credibility, and infrastructure. In short, the switch is strategically sound, but financially modest – leaving AAPL stock largely unaffected. The switch was not Apple's decision in the first place Copy link to section However, the d ...