Apple has apparently shelved its plans for an iPhone hardware subscription service. It's just as well — the last thing anyone needs in this economy is ?? ?? ??yet another ongoing expense.
Bloomberg reports that Apple is no longer working on its iPhone subscription service, according to sources close to the matter. First rumoured in 2022, the tech giant's hardware subscription would have given customers the option to pay a regular monthly fee to essentially rent their iPhone. They'd also be able to upgrade to the latest iPhone as new models were released.
SEE ALSO: iPhone 17 Air rumours: Everything we know so farThis iPhone subscription service had reportedly been planned for launch the same year it was leaked, but was delayed by issues such as software problems and legal concerns. Now it seems the service won't arrive at all.
Judging from the scant details that have emerged, Apple's proposed subscription service seemed to have borne some similarities to its iPhone Upgrade Program. Introduced in 2015, this program allows customers to enter a two-year monthly payment plan for their iPhone, with current plans starting at $39.50 per month for the 128GB iPhone 16. Once they've made 12 payments, they're eligible to upgrade their phone when the next model arrives, entering a new loan.
However, the iPhone Upgrade Program enables customers to ultimately own their device outright if they complete the payment plan. In contrast, Apple's previously planned service sounded more akin to renting a device, with customers presumably required to return their iPhone if they cancelled their subscription.
Apple also discontinued its Apple Pay Later service earlier this year, a possible indication that the company is reassessing its financial products. Initially announced in 2022, Apple Pay Later was a Buy Now Pay Later service that allowed customers to split payments into multiple smaller installments spread out over several weeks.
Topics Apple iPhone
JAS Kite Festival Set for Oct. 20
Best barbecue deal: Save 20% on the Ninja FlexFlame
Best early Prime Day deal: Save 43% on the Amazon Luna Controller
One Elite, Two Elites, Red Elite, Blue Elite
Time for the Matsuri!
Best earbuds deal: Soundcore V40i earbuds by Anker for under $67
iOS 26 offers massive battery upgrade, but there’s a catch
Dating app happn launches AI
Torrance Commission to Present Excellence in Arts Awards
Blue Origin New Glenn launch: Watch the orbital rocket's maiden voyage
Art From the Heart
Craftsman V20 Max cordless drill combo kit deal: $99 at Amazon
Ever Wonder How the Shazam Algorithm Works?
Early Prime Day unlocked phone deals: Samsung is leading the pack
Free Screening of ‘The Crumbles’ at JANM
The 4 best phone cameras of 2025
U21 Euro 2025 livestream: How to watch U21 Euro 2025 for free
Best gaming monitor deal: Samsung Odyssey OLED G9 for under $900
Pepperdine Professor to Lecture on Customs of U.S. and Japan
One Elite, Two Elites, Red Elite, Blue Elite
CES 2024: Samsung reApple Vision Pro is coming to the US on February 2Wordle today: The answer and hints for January 8Bitcoin ETFs have actually been granted SEC approval nowNYT's The Mini crossword answers for January 105 weird products Samsung unveiled at CES 2024: A yellow bot, a transparent TV, and more.NYT's The Mini crossword answers for January 9CES 2024: You can now cast TikTok to your TVBest running watch deal: Score the Polar Pacer Pro for under $255 at AmazonBest winter clearance sales: Amazon, Target, Best Buy, and Walmart Australian Olympic breakdancer Raygun calls viral response 'pretty devastating' Los Angeles Clippers vs. Dallas Mavericks 2024 livestream: Watch NBA online Best headphone deal: Get a pair of Sony WH Best outdoor deals: Save up to 50% on REI tents, Garmin inReach devices, and outdoor smart lights Save 15% on Amazon Basics and Amazon Essentials items Best robot vacuum deals this week Patriots vs. Bills 2024 livestream: How to watch NFL online Haliey Welch releases first statement after going MIA following 'Hawk Tuah' crypto crash Best free AI and ChatGPT courses NYT Connections hints and answers for December 20: Tips to solve 'Connections' #558.
0.1881s , 9826.578125 kb
Copyright © 2025 Powered by 【?? ?? ??】Apple reportedly cancels plans for iPhone subscription service,Feature Flash
