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iOS 12.x.x Speculation Thread [Merged]
- Thread starter LoveToMacRumors
- Start date
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We're taking bets...
A: Wednesday 7/10
B: Thursday 7/11
C: Week starting 7/15
D: Other
Why do you think they needed 6 betas for the Apple Card feature? Is 12.4 supposed to fix other "unknown" bugs or just introduce the Apple Card support?
A/B. 12.3 beta 6 released on May 10 (Friday). 12.3 final released on May 13 (Monday). One working day.
It wouldn’t be unprecedented for it to be released Friday, iOS 12.3 was release just three days after the last beta. But it’s really anyone’s guess. I’ll say this though, Apple Card being released on a weekend will give a boost to the “first day transactions” Tim Cook will boast about on the earnings call.
I think you keep forgetting that people have to apply for the card. Approval can be instant, or it could take 7-10 business days, like every other credit card. In addition it then takes a week to receive the physical card. So transactions will be down until people actually get the card, because ApplePay is still not accepted everywhere.
The number Apple is more likely to show off is how many people applied for the card.
Source? No credit card is guaranteed instant approval. If you fall within a certain credit range it goes up the ladder for further determination.
I know they are still working on the identification and classification of merchants for the tracking/budgeting feature. I doubt that would delay it too long, but I know for a fact that it is still being improved.
I forget exactly where I saw Apple say that I think it’s during the keynote somewhere. But this Macworld article says that Apple said approval is within minutes -
https://www.macworld.com/article/3384096/apple-credit-card-announcement.html
I'm willing to bet thats for well-qualified applicants. Goldman Sachs is not just going to go around giving everyone a credit card. Its Goldman Sachs that will be running credit checks and approving, not Apple. There is absolutely no way a sub-600 credit score is going to get instant approval. Thats just not how it works.
I think you missed what I was getting at. The number of transactions is not a good number to boast, as there are many limiting factors. The number of applicants is a number to boast because it shows popularity. More people will apply than get approved, it's a way to make the numbers look better.Just like when they boast how many devices they sold, not how many are being used (of each specific device). Otherwise it would account for returns.
You said it’s instant approval for well qualified applicants, and that they’re not going to approve people with low credit scores. What did I miss?
Just like when they boast how many devices they sold, not how many are being used (of each specific device). Otherwise it would account for returns.
I found the exact quote from the Jennifer Bailey during the Keynote-
“You don’t have to wait days to get your card. Just sign up on your iPhone, and in just minutes you get your Apple Card and you can start using it right away”.
“You don’t have to wait days to get your card. Just sign up on your iPhone, and in just minutes you get your Apple Card and you can start using it right away”.