Apple stock today: AAPL slips as Apple Card shifts to JPMorgan with earnings in view
Apple shares fell 0.5% to $259.04 early Friday after Apple and JPMorgan Chase announced Chase will take over as Apple Card issuer in a transition expected to last about 24 months. JPMorgan expects a $2.2 billion provision for credit losses tied to the deal. Investors await Apple’s Jan. 29 results for signals on holiday demand and services growth.