Apple iPhones, iPads Will Be Available As Subscription Service: Details Here | technology news

New Delhi: Apple is in the process of developing a hardware subscription service for iPhone and iPad. The idea aims to make buying an iPhone or iPad as simple as renting an app on a monthly basis.

According to a Bloomberg report, the Cupertino-based tech giant wants to allow customers to subscribe to their favorite hardware (i.e., iPhone or iPad) using the same Apple ID and App Store account that they can use to buy apps and access various devices. To subscribe to the Services. The program will be different in that the purchase of the device will not be divided into 12 or 24 monthly installments. Instead, it will be based on monthly service charges, which will be determined by the device selected by the user.

According to the report, Apple intends to allow consumers to swap out their smartphones for the new model when the new hardware is released as part of its planned hardware subscription program.

Furthermore, the report claims that the company is in internal discussions about adding the hardware subscription service to its AppleCare technical support plans and Apple One bundles, which were introduced in 2020 and allow users to access TV+, Arcade, Including subscribing to a variety of Apple services. Music, Fitness+ and iCloud storage and more.

It’s important to note that Apple has been developing its own hardware subscription service for some time. However, plans to offer the service were put on hold to accelerate the company’s ‘buy now, pay later’ initiative. The service is now planned to be launched in late 2022 or early 2023.

It’s worth noting that this isn’t Apple’s first move to make its gadgets more accessible to users. Back in 2015, the business introduced the iPhone Upgrade Program, which allowed users to spread the cost of the iPhone over 24 months. Users can also upgrade to a new iPhone model every 12 months. In addition, the business offers Apple Card users to spread the cost of an iPhone or Apple Watch over 24 months and the cost of an iPad or Mac over 12 months.

If disclosed, it would be the first time Apple offers a subscription service similar to leasing a device. According to the report, while this will make it easier for people to buy its equipment, it can also help the corporation earn more revenue.

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