18.12.2024 23:45 Uhr, Quelle: Engadget

Apple is reportedly giving up on plans to turn the iPhone into a subscription

Apple is shelving its plans to offer the iPhone for a monthly subscription, Bloomberg reports. The company was first said to be exploring a hardware subscription in 2022, but like the company’s “buy now, pay later” product, Apple Pay Later, it seems like it ultimately proved too problematic. The hardware subscription was rumored to work in a similar way to existing options like the iPhone Upgrade Program or Apple Card Monthly Installments, where you pay off a new phone or other Apple device with monthly payments, and in some cases get the option to upgrade to a new device without changing your subscription fee. Unlike those payment methods, which apply your payments to a one-time loan from either Citizen One or Goldman Sachs, Apple’s subscription was going to be managed through an Apple account and use whatever payment methods you already have connected. Apple’s expectation was that if it fronted the cost for an iPhone directly, people would upgrade more often and increase the co

Weiterlesen bei Engadget