Apple reportedly abandoned plans to develop an investing feature that would have allowed users to purchase and trade stocks directly on their iPhones. The feature was initially scheduled for a 2022 release but concerns about user backlash in the event of investment losses led to the project being scrapped. However, sources suggest that the infrastructure for the feature has already been built and could be utilized if Apple decides to move forward with it. Meanwhile, Goldman Sachs is looking to end its partnership with Apple, potentially offloading the Apple credit card and related services to another bank.
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