All isn’t well in the Apple-Goldman Sachs relationship. News that they are looking to get a divorce in their credit card partnership hits the wires this week. While the partnership has been wildly successful for Apple, Goldman Sachs is left feeling neglected, and they may even have lost money on the deal. This article does a great job of diving into the details, which I’ll spare you – but it does show the power that Apple has over it’s partners, and should be a cautionary tale.
Apple is trying to unwind its Goldman Sachs credit card partnership