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iPhone can be sold with a monthly subscription

Apple is said to be planning to sell hardware like the iPhone and MacBook under a similar monthly service plan to iCloud, Apple Music.

Bloomberg citing an insider that Apple will allow everyone to have iphone and other hardware such as paying a monthly application fee. In other words, users will pay for the device every month the same as subscribing to a software package, with an unlimited payment period.

Two models of Apple iPhone 12 mini and 12 Pro Max.  Photo: AppleTrack

Two models of Apple iPhone 12 mini and 12 Pro Max. Photo: AppleTrack

This program is different from the installment or purchase package launched by the operator in that the monthly fee will not be the price of the device divided over 12 or 24 months. Instead, it is an unspecified fee, depending on the time of day and the device selected by the user. They will also be upgraded whenever a new product comes out regardless of the price.

The planned program is attached to the package one apple and AppleCare warranty service. Users will register with an Apple ID and App Store account just like buying an app.

The source said that Apple had been planning the program for several months and as part of its “buy now, pay later” strategy was implemented. However, it may not be later this year or early 2023, the new service will be launched.

Apple declined to comment. According to experts, the new plan is a major strategic change for Apple, which usually sells devices as a package. This can help companies generate more revenue, as well as make it easier for users to spend money. After information from BloombergApple shares rose 2.3% to $174.07. The company currently has a market capitalization of over $2.8 trillion.

Bao Lam

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