Apple Expands Monthly Installments to Just About Everything

"But as you know, having access to the Card, at least in the United States, gives us more degrees of freedom, and that is not using our balance sheet," Apple (NASDAQ: AAPL) CEO Tim Cook said on the last earnings call. "But we play a key role in deciding what kind of programs go with the Card."

The chief executive was responding to an analyst question regarding using Apple's balance sheet to offer financing plans for more products following the launch of a new iPhone financing plan in December. Cook teased that the company was "working on doing that for other products as well."

Apple Card is issued by Goldman Sachs. Image source: Apple.

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Source Fool.com