Goldman Sachs in Talks with Apple to Offer Consumers Realistic Financing for Apple's high Priced Devices
As Apple Inc.'s investment bank, Goldman Sachs Group Inc. has raised tens of billions of dollars for the technology company. Now, Goldman wants to bank Apple's customers, too—with a ticket size of a few hundred dollars at a time, reports the Wall Street Journal.
The Wall Street firm is in talks to offer financing to shoppers buying phones, watches and other gadgets from Apple, people familiar with the matter said. Customers purchasing a $1,000 iPhone X could take out a loan from Goldman instead of charging it to credit cards.
Talks between Apple and the Wall Street bank are ongoing and could still fall apart.
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