On October 16, according to media reports, Goldman Sachs (Goldman Sachs) suffered a huge loss on the Apple Card, an unnamed Goldman Sachs executive said: "We should not have signed the relevant contract, this is a mistake."。Goldman regrets the entire Apple Card partnership, which lost more than $1 billion on the business as of January this year.。Goldman Sachs has historically profited by providing financial services to businesses, financial institutions and governments, and its partnership with Apple to launch Apple Card was its first step into the consumer lending business, but that step was unsuccessful, and even Goldman Sachs spent most of the year trying to exit the consumer lending business.。