Sources with knowledge of the matter told Bloomberg that when the latest quarter’s figures are added, Platform Solutions’ is on track for a total three-year loss of $4 billion, with Apple Card making up more than $1 billion of that figure.Sources told Bloomberg the losses were “mostly tied to the Apple Card.” Meanwhile, it was also reported that of the roughly $2 billion of total losses in 2022, most stem from the Apple Card and fintech installment-lending platform GreenSky.The losses stem from the vast investment that Goldman Sachs has funneled into Apple Card, estimated to be somewhere between $1 -3 billion, 9to5Mac reports.Amid the losses, it’s been reported that Goldman Sachs is also readying to shed 3,200 jobs, most of which will come from its trading and banking units.According to a regulatory filing filed August last year, the CFPB is investigating the “application of refunds, crediting of nonconforming payments, billing error resolution, advertisements, and reporting to credit bureaus.”As CNBC reported, those payment issues were down to the rapid take-up of the Apple Card which caused Goldman Sachs to struggle to deal with related customer service issues."