Apple Stock News: Apple Pay Later Available on Limited Basis Starting Today
Apple Stock News: According to MacRumors, Apple has recently announced that a prerelease version of Apple Pay Later will be available to “randomly selected users” via the Wallet app and an email sent to their Apple ID, as reported by MacRumors. This “buy now, pay later” financing option will be expanded to all eligible iPhone users in the U.S. who are over 18 years old in the near future. Apple Pay Later allows qualifying customers to divide a purchase made with Apple Pay into four equal payments over a six-week period without any interest or fees. The loans for Apple Pay Later can range from $50 to $1,000 and can be used for online and in-app purchases made with Apple Pay on iPhone and iPad.
To apply for a loan through Apple Pay Later, users can do so through the Wallet app on their iPhone, where they enter the amount they want to borrow and agree to the Apple Pay Later terms. During the application process, a soft credit check is conducted. Once approved, Apple Pay Later will be available as a payment option when using Apple Pay.
HomePod mini Launching in Singapore Next Month
Apple has announced that the second-generation HomePod and HomePod mini will be available to order in Singapore from March 30, with in-store availability starting from April 6. The HomePod will cost $429 and the HomePod mini will be priced at $139. The new HomePod has a similar design to the original and some improvements, while the HomePod mini was introduced in 2020 and has new color options but no hardware changes. The release of the HomePod mini in Singapore next month suggests that a new model is not coming anytime soon.
Apple Music Classical is available on the App Store
Apple has released Apple Music Classical, a new app for Apple Music and Apple One subscribers that offers access to over five million classical music tracks, including exclusive albums, composer bios, and over 700 playlists. The app also features lossless audio up to 24 bit/192 kHz, and Spatial Audio. It is based on Primephonic, a classical music streaming service that Apple acquired in 2021. The app is available for download on the App Store for iOS devices running iOS 15.4 or newer, with an Android version coming soon. The app is currently available in English, German, Spanish, French, Italian, Brazilian Portuguese, and Dutch, and it’s not available in China, Japan, Korea, Russia, Taiwan, and Turkey.