Apple may soon bring a new subscription model for iPhones.
- Apple is reportedly planning on bringing a new subscription plan for iPhones, iPads, and other hardware products
- The new hardware subscription service could arrive as early as next year
- Like Apple’s other subscriptions, it would be tied to the user’s existing Apple ID account
Apple is reportedly planning on selling iPhones and iPads as a part of a hardware subscription plan, according to a new report from Bloomberg. This service could arrive as early as next year and would fit into Apple’s aim to push towards subscription service as a whole. The Cupertino giant currently offers Apple Music, Apple TV Plus, Apple News Plus, Apple Fitness Plus, and Apple Arcade subscriptions and the company has been pushing users to buy these services as they are a major source of revenue for the company. These individual services are also bundled together in an Apple One subscription plan.
We have seen a similar shift on the hardware front back in 2019 when Apple added a monthly subscription model for its AppleCare extended warranties. It has also offered the iPhone Upgrade Program, which allows customers to pay for the combined cost of AppleCare and an iPhone over 24 months and an option to trade in the device after 12 months of payment— since 2015.
