Ifthere's a bitoddtome, becauseobviouslysomuchofourconsumption.
NowithappensontheInternetontherelativelyopenInternet, withtheexceptionof a fewlocations, a fewsourceslikeTheNewYorkTimes, youpaysomemoneyforthattogetpastthepaywall, butnonetheless, AppleisdippingtheirtoeinthenewsplusPondRiverStream, andthey'relookingfor 10 bucks a month.
Butthat's justthestartofit.
Itdoesn't endthere, okay, beyondnews.
Plusthey'regoingtogetintoyourfinancesaswell.
Sotheygotyournews.
Nowthey'reyourbank.
That's kindofweird.
Well, notexactlyyourbank, yourcreditcard.
I shouldsaytheylaunchedsomethingcalledAppleCard, andtome, thisisprobablythemostinterestingthingtheyannounceasfaras, theservice's areconcernedbecauseyouknow, creditcards, forthemostpart, notnot a particularlyinnovativesegmentorproductcategory.
Well, Applehasthiscardthat's integratedwithApplepay, eventhoughitwillbe a physicalcardaswell, whichisgoingtogiveyoucashbackonpurchases, allowyoutotrackandseegraphsofyourspendingandsupposedlyauthorizeyouforaccesstothiscreditcardwithinmoments.
Rightonyoursmartphone.
Ifyou'reunfamiliarwiththefinances, businessbankingandsoonecreditcards, theyearnmoneythroughinterestthroughyoucarrying a balancethroughthecreationofdebt.
That's howthebusinessoperates.
Sotheway I envisionedthisnowisthatappletheycancreate a bunchofdebtrightinthestoreintheAppleStore.
Youcouldbethere.
It's like I reallylikethatnewlifetop, andthey'relike, Youknowwhat?
Youdon't needtopayforthistoday.
We'llgiveyoutheApplecard.
Allright, payforitlater.
Noproblemo.
3% cashback.
Whywouldyounotuseourcard?
I imagine a tremendousamountofdebtcreationthroughthisparticularproduct.