Apple Reportedly Pulls Plug on iPhone Hardware Subscription Plan
AAPLApple(AAPL) CNET·2024-12-20 02:07

Apple has reportedly abandoned plans to launch an iPhone subscription service that would have allowed users to upgrade to a new model annually by paying a fixed monthly amount.Bloomberg, which first reported on the concept years ago, said Apple initially aimed to develop a service enabling customers to pay a monthly fee for the annual upgrade. However, the project has reportedly been cancelled due to regulatory concerns, software challenges and other obstacles, with team members now reassigned to other divi ...