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Goldman Sachs could offer better financing deals for Apple customers

By Cookie Monster - on 8 Feb 2018, 12:00am

Goldman Sachs could offer better financing deals for Apple customers

With Apple products being priced higher than most of its competitors, investment bank Goldman Sachs is reportedly in talks with the company to offer new and better financing deals for consumers to buy iPhones, Apple Watches, iPads, Macs and other devices. 

According to The Wall Street Journal, Goldman Sachs might offer loans to Apple customers which is a better purchase option than charging their purchases to credit cards which carry higher interest rates. 

Talks between the two companies are still in the early stages and the deal might not materialize at all. The talks also include taking over some aspects of the iPhone Upgrade Program, which is currently managed by Citizens Financial Group. 

Nonetheless, it is a win-win situation for Apple and Goldman Sachs. The loans would make it easier and more affordable for customers to purchase Apple products, which leads to higher sales numbers. Goldman Sachs would also gain more customers for its loans. 

Source: The Wall Street Journal via 9to5Mac

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