How Apple Card could put pressure on Verizon and AT&T

Apple’s brand new Apple Card credit card with Goldman Sachs could be a disruptive force in more than just the banking industry, according to two analysts at MoffettNathanson.
Jesse Pound for CNBC:The technology device giant’s move into banking could enable it to give customers financing for new models of the iPhone, breaking a key relationship point between customers and wireless carriers such as Verizon and AT&T, Craig Moffett and Lisa Ellis wrote in a note to clients.
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