Apple Inc.

Affirm Holdings, Inc. Class A Common Stock

PayPal Holdings, Inc. Common Stock

Block, Inc.

Do existing providers like $AFRM, $SQ, and $PYPL have what it takes to beat out $AAPL?

Each of these BNPL providers has seen [operating income drop](https://viz.wiijii.co/chart/?id=JWJOWmqiHDfju0v07RG1) in recent quarters. Will they be able to turn this around?


![](https://cdn.commonstock.com/1c8611719c11efa565fc1f7a8a7e4ac0e4e035e701dcdd87bd6eb7a5a793dafb-1243x601.png)

For their expensive products, I think it's a great idea. Will they only be doing BNPL with their own products or create a system (like $SQ or $PYPL) that other companies can use as well?