Apple Card seen bolstering iPhone user loyalty

Apple has unveiled its plan to boost its service offerings amid slowing growth in iPhone sales.

On Monday company officials led by chief executive Tim Cook, along with top media and entertainment personalities, used half of the time in a special event at Apple’s headquarters in Cupertino, California, to introduce the Apple TV+ video subscription service.

However, industry watchers believe it is the launch of the Apple Card credit card service that holds a lot of promise as it gives the technology giant an opportunity to shake up the traditional banking…