Apple digs into its massive pile of cash to fund new Pay Later service

Apple Pay Later will offer loans via new subsidiary instead of financing through a bank.

Pay Later was announced during the WWDC keynote on June 8.

Enlarge / Pay Later was announced during the WWDC keynote on June 8. (credit: Apple)

Apple is making its biggest move into finance by offering loans directly to consumers for its new buy now, pay later product, taking on a role played in its other lending services by banking partners such as Goldman Sachs.

Short-term loans made through the iPhone maker’s new Apple Pay Later service, announced on Monday, will be made through a wholly owned subsidiary, Apple Financing LLC, the company said.

Apple Pay Later will be accepted by the millions of US retailers that already take the iPhone’s mobile and online payments service, giving it a broad reach and an enviable customer base who can already afford to splash out on the company’s latest smartphone.

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Kopfhörer: Auracast soll Bluetooth-Brodcast ermöglichen

Bluetooth soll künftig kabellose Audio-Übertragungen an unbegrenzt viele Empfänger und das Teilen von Sound bieten. Die Technik heißt Auracast. (Bluetooth)

Bluetooth soll künftig kabellose Audio-Übertragungen an unbegrenzt viele Empfänger und das Teilen von Sound bieten. Die Technik heißt Auracast. (Bluetooth)

Dell XPS 13 tablet with a detachable keyboard is coming this summer (with optional 5G support)

Dell is expanding its XPS 13 line of thin and light computers with the first 2-in-1 model to ship with a tablet form factor and support for a detachable keyboard. When it hits the street this summer the new Dell XPS 13 (9315 2n1) will come with a 13 i…

Dell is expanding its XPS 13 line of thin and light computers with the first 2-in-1 model to ship with a tablet form factor and support for a detachable keyboard. When it hits the street this summer the new Dell XPS 13 (9315 2n1) will come with a 13 inch tablet with a high-res display, support […]

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Dell XPS 13 2-in-1 becomes a Microsoft Surface-like detachable

And like the Surface, a physical keyboard will cost you extra.

Dell XPS 2-in-1

Enlarge / Dell XPS 2-in-1. (credit: Dell)

Dell revealed the last pieces of its 2022 XPS 13 lineup today. After releasing the XPS 13 Plus earlier this year, Dell has announced the more traditional, lower-priced XPS 13 clamshell refresh. Dell also overhauled the XPS 13 2-in-1's design, transforming it from a portable ultralight with a 360-degree hinge to a tablet with an optional detachable keyboard cover sold separately.

XPS 13 2-in-1 specs

Available this summer, the XPS 13 2-in-1 (model 9315) at its base configuration is basically a tablet running on up to an Intel Core i7-1250U (two performance cores at 1.1-4.7 GHz, eight efficiency cores at 0.8–3.5 GHz, 12 threads). For comparison, the similarly designed Microsoft Surface Pro 8 detachable has up to an i7-1185G7 (four cores, eight threads, up to 4.8 GHz).

Dell’s detachable will also be configurable with up to 16GB of soldered LPDDR4x-4266 RAM and a 1TB PCIe 4.0 x4 SSD.

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The 2022 Dell XPS 13 is a 2.6 pound notebook with Intel Alder Lake-U and Windows or Ubuntu support

Dell’s XPS 13 laptops have long stood out for their ultracompact designs, but this year’s Dell XPS 13 (9315) is even thinner and lighter than usual, measuring just 0.55 inches thick and having a starting weight of 2.59 pounds. The new lapt…

Dell’s XPS 13 laptops have long stood out for their ultracompact designs, but this year’s Dell XPS 13 (9315) is even thinner and lighter than usual, measuring just 0.55 inches thick and having a starting weight of 2.59 pounds. The new laptop is available today for $999 and up. In order to shrink the physical […]

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