San Francisco, Sep 12 : Tech giant Apple is expected to launch an annual iPhone subscription bundle with an option that combines hardware and services such as Apple One this year.The subscription for hardware that would allow customers to purchase iPhones and other products from Apple for a monthly charge The idea has been floating around in reports for some time however, it has not yet be realized, as per AppleInsider.
The tech giant was not given the chance to launch the service during the iPhone 14 event, it could still be a possibility in the next few weeks, according to the report.
Apple is believed to be “actively testing” the service according to Mark Gurman’s “Power On” newsletter for Bloomberg.While it is being test-driven, Gurman stated that he is still expecting it “to launch later in the year or in the next.”
The subscription idea was not discussed or announced in the iPhone event to “reduce the complexity of launch day,” because it’s an “entirely new method of purchasing an iPhone”.
With the expectation of an event scheduled for October in October for iPad and Mac launches There is an opportunity Apple could use the event as a platform to launch a subscription service, according to the report.
Apple already provides a variety of ways for customers to get the latest models, including the iPhone Upgrade Program and installment programs, such as the Apple Card.
However, the price of the subscription will differ since customers will not pay just a portion of the hardware expense as well as an array of services the hardware cost, as the report stated.
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