Devices · 1h ago
Apple's New iPhone Leasing Plan Raises Consumer Concerns
Bloomberg reports Apple plans to replace its iPhone Upgrade Program with a leasing contract. The new model may lock users into longer commitments and limit upgrade flexibility. Consumer advocates warn the change could increase costs for frequent upgraders.
Meridian48 take
The shift from ownership to leasing could be a savvy revenue play for Apple, but it risks alienating loyal customers who value the current program's simplicity.
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