Apple Is Now Letting People Apply for Its Credit Card. Can Its Rewards Spur Sales of the Next iPhone?

Aug 06, 2019 - Fortune

It’s official: Apple’s credit card is coming this month. On the Apple website, consumers can be notified when they can apply for the Apple Card, a process that happens entirely on their iPhone. But that would take place on their existing handset. Will the Apple Card’s rewards entice its customers to upgrade to a new iPhone 11 when it (presumably) comes out in September?

In an investor call on last week, CEO Tim Cook announced that the Apple Card will be made to consumers this month...