Apple is laying the groundwork for an iPhone subscription – CNBC

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” In terms of hardware as a service or as a package, if you will, there are clients today that essentially see the hardware like that due to the fact that they’re on upgrade plans and so forth,” Cook said throughout a profits call.”My viewpoint is that will grow in the future to larger numbers. In 2015, Apple started to let people pay for iPhones on a month-to-month basis rather of all at once, throwing in a service warranty and upgrades as part of the deal. The iPhone Upgrade Program bundles Apple’s AppleCare service warranty and up-to-date hardware. In current years, Apple has also greatly marketed trade-ins, like auto dealerships.

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