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ComputerGuru 5 hours ago

0% APR for 12 months (24 for iPhones only?) from Apple Financial Services for a device that can approach or even exceed what we were paying for new cars just a few years ago. Apple is definitely making bank off these financing offers, and with very little risk as unlike a car these Mac Studios don’t lose 20% of their value when you drive them off the lot.

Interesting times, to say the least!

zimzam 5 hours ago | parent [-]

How are they "making bank" by giving out 0% loans?

ComputerGuru 4 hours ago | parent [-]

My friend, the same way everyone else does. It goes from 0% to 28% interest when you miss a payment. Those are rates normal lenders fall asleep dreaming of.