Business · 3h ago
Apple leasing program for iPhones, Macs, iPads reportedly in the works
Apple is developing an 'Apple Upgrade' program that lets customers lease iPhones, Macs, and iPads with monthly payments, similar to a car lease. Users can upgrade early, keep the device, or return it at lease end. The move comes as component shortages push device prices higher.
Meridian48 take
This shifts Apple from outright sales to recurring revenue, but lease terms and total cost will determine if it's a good deal for consumers.
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Apple’s rumored ‘Upgrade’ program brings lease-to-own pricing for iPhones, Macs, and iPads →
The Verge
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