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Why Apple’s Next iPhone Upgrade Could Be the End of Venmo
Key takeaways
- With 2.5 billion active devices, embedding bill-splitting into i OS makes third-party payment apps effectively redundant for most users.
- Apple s Services division hit a record $31 billion in Q2 FY26, giving it the capital to roll out financial features at zero cost to consumers.
- The analyst who called NVIDIA in 2010 just named his top 10 AI stocks.
Why Apple’s Next i Phone Upgrade Could Be the End of Venmo 2010 Getty Images / Getty Images News via Getty Images Don Lair Wed, June 3, 2026 at 7:24 PM GMT+7 4 min read AAPL NVDA Quick Read Apple s upcoming i Phone update introduces native receipt-scanning and bill-splitting, directly threatening Venmo and Splitwise s core user engagement.
With 2.5 billion active devices, embedding bill-splitting into i OS makes third-party payment apps effectively redundant for most users.
Apple s Services division hit a record $31 billion in Q2 FY26, giving it the capital to roll out financial features at zero cost to consumers.
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