CoreCard at risk of losing Apple card business, WSJ reports
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 03 2025
0mins
Should l Buy AAPL?
CoreCard's Risk with Apple: CoreCard (CCRD) faces the potential loss of its credit card business with Apple, as Apple is in talks with JPMorgan (JPM) to replace Goldman Sachs (GS) as its card issuer, which could jeopardize CoreCard's partnership.
Euronet's Acquisition of CoreCard: Euronet (EEFT) has announced plans to acquire CoreCard for $248 million, or $30 per share, in an all-stock transaction.
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Analyst Views on AAPL
Wall Street analysts forecast AAPL stock price to rise
27 Analyst Rating
17 Buy
9 Hold
1 Sell
Moderate Buy
Current: 272.950
Low
239.00
Averages
306.89
High
350.00
Current: 272.950
Low
239.00
Averages
306.89
High
350.00
About AAPL
Apple Inc. designs, manufactures and markets smartphones, personal computers, tablets, wearables and accessories, and sells a variety of related services. Its product categories include iPhone, Mac, iPad, and Wearables, Home and Accessories. Its software platforms include iOS, iPadOS, macOS, watchOS, visionOS, and tvOS. Its services include advertising, AppleCare, cloud services, digital content and payment services. The Company operates various platforms, including the App Store, that allow customers to discover and download applications and digital content, such as books, music, video, games and podcasts. It also offers digital content through subscription-based services, including Apple Arcade, Apple Fitness+, Apple Music, Apple News+, and Apple TV+. Its products include iPhone 16 Pro, iPhone 16, iPhone 15, iPhone 14, iPhone SE, MacBook Air, MacBook Pro, iMac, Mac mini, Mac Studio, Mac Pro, iPad Pro, iPad Air, AirPods, AirPods Pro, AirPods Max, Apple TV, Apple Vision Pro and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Focus on Japan: Berkshire's investments in five Japanese trading companies totaled $194 billion in market value, representing nearly two-thirds of its $297.8 billion equity portfolio, yielding $2.5 billion in dividends, showcasing its strategic positioning in global markets.
- Core Insurance Business: Abel emphasized that the insurance segment remains Berkshire's financial engine, highlighting disciplined underwriting and long-term thinking as key pillars, indicating the company's strategic advantage in maintaining cash and Treasury holdings during market volatility.
See More
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- Cash Reserve Strategy: With a cash pile of $373.3 billion at the end of 2025, Abel views this as strategic dry powder, enabling swift responses to opportunities while maintaining the company's resilience.
- Equity Investment Management: Abel will directly oversee the equity portfolio, emphasizing a concentrated investment approach in a few American companies, with plans to 'significantly adjust' positions if long-term economic prospects change.
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- New CEO Leadership Change: New CEO Greg Abel's first shareholder letter marks a pivotal transition post-Warren Buffett, with market focus on whether he will alter the strategy for deploying over $300 billion in cash reserves.
- Investment Income Fluctuations: The company recorded $30.737 billion in investment gains for 2025, down from $41.558 billion in 2024, alongside impairment charges of $8.255 billion related to Kraft Heinz and Occidental, which significantly affected overall profitability.
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