Bloomberg Apple Inc is working on a new service that will let consumers pay for any Apple Pay purchase in installments over time, rivaling the “buy now, pay later” offerings popularized by services from Affirm Holdings Inc and PayPal Holdings Inc. The upcoming service, known internally as Apple Pay Later, will use Goldman Sachs Group Inc as the lender for ...

Bloomberg Apple Inc has asked suppliers to build as many as 90 million next-generation iPhones this year, a sharp increase from its 2020 iPhone shipments. The Cupertino, California-based tech giant has maintained a consistent level in recent years of roughly 75 million units for initial run from a device’s launch through the end of year. The upgraded forecast for 2021 ...

Bloomberg Volkswagen ratcheted up its mid-decade profitability goal as it hones plans to become the electric-car leader and cash in on what it expects to be a massive new revenue stream from software. Europe’s largest automaker will target an 8% to 9% operating return on sales in 2025, up from 7% to 8% previously. After wooing investors with a Tesla ...