Top Stories: Apple Card Savings Account Launches, 15-Inch MacBook Air Rumors, and More

With roughly six weeks to go until WWDC, rumors are continuing to fly about what we might see at the event. Bloomberg's Mark Gurman joined us on this week's episode of The MacRumors Show to give us his take on things, but there's still lots up in the air.

top stories 22apr2023
This week also saw the launch of the savings account companion to Apple Card and the promised smoke and carbon monoxide alarm sound recognition feature for HomePod, while Tim Cook was surprised by one user's vintage Mac as Apple opened its first two retail stores in India, so read on for all the details on these stories and more!

Apple Card Savings Account Launches With Over 4% Interest Rate

Six months after being announced, the Apple Card's savings account is now available in the United States. With a competitive 4.15% APY, the account allows Apple Card users to earn interest on their Daily Cash cashback and money deposited from a linked bank account.

apple card savings account
The savings account is offered by Goldman Sachs and can be completely managed in the Wallet app on the iPhone. The account has no fees and no minimum balance requirement.

15-Inch MacBook Air to Offer Two M2 Chip Options, No M2 Pro Configuration

The long-rumored 15-inch MacBook Air will be equipped with the M2 chip, according to the latest info shared by analyst Ming-Chi Kuo.

MacBook Air Multiple Sizes Feature
The first Macs with the M3 chip are likely still months away. Kuo said Apple's next-generation M3 chip will enter mass production in the second half of 2023, slightly ahead of higher-end M3 Pro and M3 Max chips destined for the next 14-inch and 16-inch MacBook Pro models.

The MacRumors Show: Mark Gurman Talks WWDC 2023, Apple Headset, and New Macs

Bloomberg's Mark Gurman joined us on this week's episode of The MacRumors Show to talk through all of the latest rumors about the software updates and new hardware expected to be previewed at this year's WWDC, which starts on June 5.

The MacRumors Show Mark Gurman 15  MBA and watchOS 10 alt
New information revealed by Gurman during the episode included word that the Apple silicon Mac Pro won't be debuting at WWDC and that iOS 17 will include improvements for the Wallet app and Find My.

watchOS 10 Described as Apple Watch's Biggest Software Update Since 2015

watchOS 10 will be the Apple Watch's biggest software update since the initial version of the operating system was released in 2015, according to Mark Gurman. Apple is expected to announce watchOS 10 at WWDC in June.

watchOS
Gurman expects watchOS 10 to include an updated interface, with an anonymous leaker claiming that the Home Screen will be redesigned, though Gurman says he does not expect the core design of the platform to change.

HomePod Can Now Alert You If Your Smoke Alarm Goes Off

As promised earlier this year, Apple has now expanded the Sound Recognition feature on the second-generation HomePod and the HomePod mini to be able to detect smoke and carbon monoxide alarm sounds and send a notification to the user's iPhone.

HomePod 2 and Mini feature 1
Sound Recognition was first introduced on the iPhone in 2020 and can detect a wide variety of sounds, including a doorbell, a baby crying, a car horn, a door knock, and others.

Watch Tim Cook's Reaction as Fan Brings Vintage Macintosh to Apple Store Opening

Apple opened its first two retail stores in India this week, and CEO Tim Cook was in attendance to celebrate. At the new store in Mumbai, Cook was very surprised when a customer showed up carrying a vintage Macintosh SE from the 1980s.

cook mac surprise india visit
Cook has been touring India this week, meeting with the country's Prime Minister Narendra Modi and many other prominent local figures during his trip.

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Top Rated Comments

lkrupp Avatar
14 months ago

A little confused about Apple Card. I always thought it was a "credit card".

But if you deposit into it, and earn interest, then it becomes more of a bank debit/checking/savings account?
The Apple Card IS a credit card, and like other credit cards you cannot deposit into it. The Apple Card is simply the host for the savings account. The savings account is separate and you add money to it by connecting a bank account (checking/savings) or by directing your Daily Cashback proceeds into it.
Score: 6 Votes (Like | Disagree)
lkrupp Avatar
14 months ago

I wonder, if a person was to put a $100k or so into the savings account, would that increase the limit on their Apple Card?
No, absolutely not. Having money does not mean you are creditworthy. There are plenty of rich deadbeats in the world who don’t pay their bills on time.
Score: 6 Votes (Like | Disagree)
RalfTheDog Avatar
14 months ago
I wonder, if a person was to put a $100k or so into the savings account, would that increase the limit on their Apple Card?
Score: 5 Votes (Like | Disagree)
sw1tcher Avatar
14 months ago

They ought to have a savings account that pays higher interest if you use the money to buy an Apple device.
Goldman Sachs is the one paying out the interest. How does using the funds to buy Apple products benefit Goldman's bottom line?

Apple's certainly not going to pay any of that higher interest.
Score: 4 Votes (Like | Disagree)
azentropy Avatar
14 months ago

No, absolutely not. Having money does not mean you are creditworthy. There are plenty of rich deadbeats in the world who don’t pay their bills on time.
My sister used to work at a bank were her job was to interface with high asset customers. She would tell stores about some of them how they were always late with everything, always going over their limits, losing cards, constantly activating/deactivating cards for their workers etc. She actually said some of the best/most responsible ones were from people you wouldn't expect like a few members from well known heavy metal bands.
Score: 3 Votes (Like | Disagree)
newyorksole Avatar
14 months ago

No, absolutely not. Having money does not mean you are creditworthy. There are plenty of rich deadbeats in the world who don’t pay their bills on time.
lmaooo this is a fact.
Score: 3 Votes (Like | Disagree)