Jonny Fry Posted

Apple increasingly moves into financial services

Click here for a two-minute video summary that explain Apple’s foray into financial services and the possible launch of ‘elppay’ — Apple’s Digital Currency

Up to June 2019, Apple has made a EBIDTA (Earnings Before Interest Depreciation Tax and Amortization) of $76.5 billion(which has been a decline of 5.24% on the previous year) as its sales of the iconic iPhone start to face stiff competition and mobile phones reach saturation. Indeed, according to GSM Intelligence(which monitors 1,400 telecom networks globally), there are 5.1 billion mobile subscriptions and 9.2 billion connections — yet the United Nations states...