Geeky Mac

Apple Card launches today for all US customers
Apple Card, a new kind of credit card created by Apple and designed to help customers lead a healthier financial life, is available¹ in the US starting today. Customers can apply for Apple Card through the Wallet app on iPhone in minutes and start using it right away² with Apple Pay in stores, in apps and on websites. Built on simplicity, transparency and privacy, Apple Card has no fees,³ encourages customers to pay less interest, offers an easy-to-understand view of spending and provides a new level of privacy and security. This launch follows the Apple Card preview earlier this month, during which a limited number of customers were invited to apply early.

“We’re thrilled with the overwhelming interest in Apple Card and its positive reception,” said Jennifer Bailey, Apple’s vice president of Apple Pay. “Customers have told us they love Apple Card’s simplicity and how it gives them a better view of their spending.”

More Merchants to Offer 3 Percent Daily Cash

Apple Card’s compelling rewards program, Daily Cash, gives back a percentage of every purchase as cash on customers’ Apple Cash card each day. Customers will receive 2 percent Daily Cash every time they use Apple Card with Apple Pay, and 3 percent Daily Cash on all purchases made directly with Apple, including at Apple Stores, apple.com, the App Store, the iTunes Store and for Apple services.

Apple Card is extending 3 percent Daily Cash to more merchants and apps. Starting today, customers will receive 3 percent Daily Cash when they use Apple Card with Apple Pay for Uber and Uber Eats.⁴ Customers can request a ride through Uber in more than 700 cities across the globe and order a meal through Uber Eats in more than 500 cities around the world. Apple Card will continue to add more popular merchants and apps in the coming months.

For purchases made with the titanium Apple Card, customers will get 1 percent Daily Cash.

A New Kind of Credit Card Created by Apple

Apple Card delivers new experiences only possible with the power of iPhone, including reaching support 24/7 by simply sending a text from Messages. To help customers better understand their spending, Apple Card uses machine learning and Apple Maps to clearly label transactions with merchant names and locations in Wallet,⁵ and provides weekly and monthly spending summaries.

There are absolutely no fees associated with Apple Card: no annual, late,⁶ international or over-the-limit fees. To help customers make informed choices, Apple Card shows a range of payment options and calculates the interest cost on different payment amounts in real time.⁷

Apple Card also provides a new level of privacy and security. The unique security and privacy architecture created for Apple Card means Apple does not know where a customer shopped, what they bought or how much they paid.

Apple is partnering with Goldman Sachs as its issuing bank. Goldman Sachs will never share or sell data to third parties for marketing and advertising. Apple is also partnering with Mastercard to provide the support of a global payments network.

Availability

Apple Card is now available to qualified customers in the US with iPhone 6 and later. To apply, customers can update to iOS 12.4 on iPhone, open Wallet and tap +. Learn more about Apple Card here.

¹ For qualifying customers.
² Subject to credit approval.
³ Variable APRs range from 12.99 percent to 23.99 percent based on creditworthiness. Rates as of August 2, 2019.
⁴ Apple Pay is coming soon to Uber services like Uber Cash, Scheduled Rides and JUMP. Merchant offers may change at any time.

⁵ Some transactions may not appear in Maps.
⁶ Apple will not charge a late fee or apply a new high-interest penalty rate for a missed payment. However, customers will continue to accrue interest on their balance at their regular interest rate.
⁷ Interest estimates are based on customer’s posted account balance at the time of the estimate and do not include pending transactions or any other purchases that may be made before the end of the billing period.

Press Contacts
Hannah Wong,Apple,hannahw@apple.com,(408) 974-7077
Apple Media Helpline,media.help@apple.com,(408) 974-2042

Apple’s US job footprint grows to 2.4 million
Thirty-three years ago, five friends sat down at a kitchen table in Tulsa, Oklahoma and decided to start a company. Among them: president of Maccor Andy MacKay and his wife Helen, who runs personnel. Today, less than a mile from that spot, Maccor now occupies 80,000 square feet of space and has earned itself a reputation as the top manufacturer of battery testing systems in the world.
Continue reading ‘Apple’s US job footprint grows to 2.4 million’

Searching for gold with habitat restoration in mind
In the Alaska-Yukon region, salmon is as precious as gold.

There are hundreds of small and large placer mining operations in Alaska actively producing gold in the US. Placer mining sites sit along creeks and streams, giving miners the chance to re-mine for any nuggets or fine gold left over from the Yukon’s Klondike Gold Rush in the late 1890s.

Meanwhile, since 1991, 12 Pacific salmon runs have been listed under the Endangered Species Act (ESA). These routes that salmon use to make their run to their spawning beds each year are often adjacent to placer mining sites.
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Apple Reports Third Quarter Results
Company Revenue Sets June Quarter Record
Services Revenue Reaches New All-Time High
Cupertino, California — July 30, 2019 — Apple today announced financial results for its fiscal 2019 third quarter ended June 29, 2019. The Company posted quarterly revenue of $53.8 billion, an increase of 1 percent from the year-ago quarter, and quarterly earnings per diluted share of $2.18, down 7 percent. International sales accounted for 59 percent of the quarter’s revenue.

“This was our biggest June quarter ever — driven by all-time record revenue from Services, accelerating growth from Wearables, strong performance from iPad and Mac and significant improvement in iPhone trends,” said Tim Cook, Apple’s CEO. “These results are promising across all our geographic segments, and we’re confident about what’s ahead. The balance of calendar 2019 will be an exciting period, with major launches on all of our platforms, new services and several new products.”
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Apple to acquire the majority of Intel’s smartphone modem business
Cupertino and Santa Clara, California — Apple and Intel have signed an agreement for Apple to acquire the majority of Intel’s smartphone modem business. Approximately 2,200 Intel employees will join Apple, along with intellectual property, equipment and leases. The transaction, valued at $1 billion, is expected to close in the fourth quarter of 2019, subject to regulatory approvals and other customary conditions, including works counci Continue reading ‘Apple to acquire the majority of Intel’s smartphone modem business’