Apple (AAPL) was exploring the launch of an iPhone feature that would let users buy and sell stocks and would have been in partnership with Goldman Sachs (GS), but the iPhone maker decided the timing wasn’t right as markets slumped and the company put the plan on pause, three sources familiar with the plans told CNBC’s Kate Rooney and Hugh Son.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on AAPL:
- Hollywood Writers’ Strike Nears Resolution as Talks Progress
- ARM Stock: Too Hot to Handle as IPO Boom Goes Bust
- Apple (NASDAQ: AAPL) Store Workers in France to Strike amid iPhone 15 Launch
- Apple Stock: Extending Lead Times Sign of Strong Demand for iPhone 15, Says Goldman Sachs
- What You Missed This Week in Video Games