jbdragon

So Apple is PAYING for the news already, but that is not good enough?  The government wants its own cut?  So this law will supposedly bring in $233 million and yet the broadcasters only get $170 million of that?  Yet Apple is already paying!!!

If I was Apple, I would block Apple News+ service in Canada.  Stop paying for any news from Canada and in fact have zero Canadian news at all.   Now the Government gets NOTHING!!!  The people there are out of luck, thanks to their government.  This is completely ridiculous.  

gatorguy said:

omasou said:

 The only reason I can fathom for so much whining is maybe b/c Apple customers pay their bills and GS isn't making "as much" from interest and fees?

sunman42 said:

kelemor said:

All the billing is done electronically so how is hard to send it at the same time. Computers should be doing everything. 

I read the article as saying the issue with a single billing date was the impact on customer service: presumably, all the customers calling with billing issues call in the same, few days per month window, instead of spread out through the month. That leads to the conclusion that Goldman regrets having to hire more, low-wage, Tier 0 customer support people to keep us overprivileged Apple types happy.

For what it’s worth, I, too, have had zero problems with my Apple Card. Hope Apple can find a more competent, consumer-credit savvy home for it.

rob53 said:

omasou said:

Since when has airing your dissatisfaction publicly help to attract a company to take ownership of your problem child? /s

EDIT: Love the card, love the customer service, love the Apple Cash/Savings, love the first of the month billing. The only reason I can fathom for so much whining is maybe b/c Apple customers pay their bills and GS isn't making "as much" from interest and fees?

Last part is the key. Maybe, just maybe, people who buy Apple products are better at personal finances than non-Apple product users.

Reportedly, it's just the opposite.

Apple Card accounts have a higher write-off rate, meaning the account holder hits the trigger point of at least 6 months behind on payments,  than the industry average which is 2.93%. That rate of card write-offs is worse than even sub-prime lenders experience. 

Now couple that with the fact a whole lotta' Apple users have credit scores under 660, which resulted in nearly a quarter of the Apple Card accounts going to those with credit scores less than that. In an extraordinary and expanding economy, their ability to pay might be masked, but that's not what we have going on.  I realize this goes against the prevailing wisdom that Apple-using folks are inherently good money managers. Surely many are, but a good percentage have no business buying $1200 smartphones and $2500 computers because they can't keep up with the payments. 

So with other companies unwilling to take on the risk the Apple Card represents, it is putting GS in a quandary of what to do to right the ship. Apple got their money when the sale occurred, and now Goldman Sachs is left to figure out how get out of continuing to fund Apple stuff that's not being paid for. 

Interesting if true.   I don't have an Apple Card.  Never bothered to get one.  I don't want a bunch of credit cards.  I do have an Amazon Chase Card.  So I get 5% normally Cashback on anything I buy from Amazon.  But I have it automatically set to be paid off every month.  I hate having to pay any interest.  I live within in means.  I drive a 20-year-old truck that has been long paid off.  Clear coat is coming off and I just don't care!  My only debt is my House Mortgage.  Considering how much rent has shot up since I got my house, I'm glad I'm not paying into that more expensive money pit I wouldn't be able to afford.  I'm in CA where the average house price is $600.000.  My small house was nowhere near that price point when I got it during the housing market crash of 2012.  Again to save money, better deal, and lower interest.  Got a Lift Chair and a recliner chair for Ashly Furniture a little over a year ago.  Got their 1 year Interest free loan.  Worked out how much I'd have to pay each month to have it paid off in 1 year before I'd have to start paying Interest.  I had it paid off in 1 year, so zero Interest.   

I have a little money going into savings every week automatically.  That is my Emergency Fund.  When I had to replace the transmission in my truck, that was $3500.  Years ago in the past when I was dumb, I'd have to put it on a credit card and slowly pay it off and by the time it's done I'd have paid $6000 for that transmission.  Instead, I just paid for it outright from the emergency fund.  I think it's better to put a little into savings every week.  You do it every week, you get used to it, and don't miss it.   This way when an emergency comes along, you're not going into debt and then having to pay interest on that debt.  At some point in time, EVERYONE is going to have an emergency.  Maybe your roof leaks. Or you have a hospital visit or stay that can get expensive.  Do you really want to be putting that on a credit card?    Live within your means.  Not playing "Keeping up with the Joneses".  Buying a new Big screen TV is not an Emergency!!!  New Car payments these days are INSANE!!!  Being stressed out on credit card debt and collection agencies is not fun. $20 a week into savings is $80 a month.  So around $960 in a year. 10 years is $9600.   That is just cutting back on a few Starbucks.  Make your own coffee at home!   Save a bundle of money and time waiting in line.

I thought the skit was pretty cringy and dumb.   I see what Apple was trying to do, but it just didn't work.  At least not work for me.   I really do miss Steve Jobs's press conferences.   Instead, we have a mix of all these people I could care less about talking about some small part all alone in whatever dumb location.

I didn't know their series even existed.  I do like Uma Thurman, but knowing the series already ended, do I want to get invested in watching this?

Having written many checks in the past, the first thing I noticed is the amount written out didn't match the numbers.  I should have said One Hundred and sixteen dollars and 97/100 cents. or ninety-seven cents.  So 16 dollars just isn't there, Ops.    They were young back then.  How many checks did they ever write before then?  This check says it's #2.  

It's also strange that they both signed it.  They are both on the account, but really, only one of them needed to sign it.  Again, not used to dealing with checks.  It's all new to them.  I am curious who has the #1 check???  #2 is pretty good, but #1, their very first check for this new company they named Apple would be far more important and valuable.