Apple to sell $3 billion worth of iPhones to US consumer bank

Apple is expected to announce an agreement to sell the remaining $3.5 billion in stock of the company’s popular iPhone brand to a bank, a company official said.Apple, which is now the world’s largest smartphone maker, will sell the stock, which includes iPhone 6, 6 Plus, 6S and SE models, to American Bank, a new entity formed by Apple’s parent […]