Apple Scrapped Project With Goldman to Put Stock-Trading on iPhones, CNBC Reports
20 September 2023 - 03:19PM
Dow Jones News
By Dean Seal
--Apple was considering adding a feature to iPhones that would
allow users to buy and sell stocks but pulled back when markets
took a downturn last year, CNBC reports, citing unnamed
sources.
--The proposed feature was being developed in partnership with
Goldman Sachs, the report said.
--The project started coming together after stocks soared in
2020 as retail investors started pouring dollars into mobile
stock-trading platforms, particularly Robinhood Markets' popular
app.
--Representatives for Apple and Goldman declined CNBC's request
for comment.
Full story:
https://www.cnbc.com/2023/09/20/apple-goldman-sachs-were-planning-a-stock-trading-feature-for-iphones.html
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
September 20, 2023 09:04 ET (13:04 GMT)
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