drew216
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Apple's 'Mother Nature' sketch was a complete dud, and didn't belong in the iPhone 15 even...
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Goldman Sachs lost $1.2 billion in 2022 mostly because of Apple Card
The Apple Card falls under Platform Solutions within GS which includes credit card partnerships and point of sale financing. It also includes Transaction Banking. All of this is not just Apple. While provisions for credit losses did move higher it is not accurate to say the $1.2 billion loss (9 months) is attributable to Apple. The GS earnings call is next week so more info at that time. Also Business Insider has not been a credible source for years unless you like cat videos and memes. I suggest you read WSJ.com which is more accurate.