Can I add my capital one card to apple pay before it arrives So goldman sachs which is the current issuing bank behind the apple card has made it clear that the apple card has been a money losing proposition and a huge money losing proposition they haven't singled out exactly all of the losses that are due to the apple card versus some of the other operations But it looks like maybe around 1 billion dollars lost over the last year for the apple card maybe as much as 3 billion since 2020 and goldman even has sort of messed up the apple card so bad that they've got the federal reserve probing into their consumer card business to see How it could have gone so wrong goldman sachs has announced that they are restructuring their business and perhaps the biggest casualty of that is the retail lending business what we might think of as the marcus division of goldman So it looks like that's going to be split up some of it is going to go away entirely or maybe some of the produc
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