Business · 1h ago
Apple Upgrade Plan: Leasing iPhones Is a Bad Deal
Apple's new Upgrade program lets customers pay for iPhones in monthly installments, but critics argue it's a costly financing trap. The plan locks users into perpetual payments without ownership benefits. Analysts warn it exploits affordability concerns to boost recurring revenue.
Meridian48 take
The framing of 'subscription services' glosses over the fact that leasing electronics is almost always more expensive than buying outright.
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