this post was submitted on 28 Nov 2023
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With the amount of cash Apple is sitting on they should just open their own bank or buy one
Being a bank opens Apple to a lot of regulations and liabilities.
They really shouldn’t. Tech companies should stay focused on their core products. GE pivoting into finance and banking ruined them. They used to be one of the biggest and most important companies in the world, now they’re a shell of a company.