Tech

Apple Might Start Selling Its Hardware on a Subscription Basis

Expect bundle hardware upgrades with services like iCloud storage or Apple TV+.

By
993 Hypes

Apple Might Start Selling Its Hardware on a Subscription Basis

Expect bundle hardware upgrades with services like iCloud storage or Apple TV+.

This week, Apple announced that it might launch a subscription service model for its hardware, including its iPhones, in order to secure a reoccurring revenue stream. According to CNBC, the tech giant “would bundle hardware upgrades with services such as iCloud storage or Apple TV+ content and hardware for a single monthly fee.”

If Apple decides to proceed with this plan, this would potentially drive the stock price up without making any drastic changes to the prices of its products. Analyst Toni Sacconaghi said during a call, “We’re cognizant that there are lots of users out there that want a sort of a recurring payment like that and the receipt of new products on some sort of standard kind of basis, and we’re committed to make that easier to do than perhaps it is today.”

Reports state that a prime subscription is already in effect and that Apple has been testing out a similar scheme like the iPhone Upgrade Program, allowing customers to pay for their new iPhone in monthly installments. Stay tuned while we wait for more details to surface.

In other news, Apple finally drops its new gender-neutral and inclusive emojis for iOS 13.2.

Read Full Article

What to Read Next

Matek Launches New Technical Performance Intimates for Winter Sportswear
Fashion

Matek Launches New Technical Performance Intimates for Winter Sportswear

Made from recycled and sustainable materials.
683 Hypes

Add Fendi's New FFluid Sneakers to Your Holiday Wishlist
Footwear

Add Fendi's New FFluid Sneakers to Your Holiday Wishlist

A curvy, chunky silhouette.
427 Hypes

Louis Vuitton Celebrates the Opening of Its New Boutique in Seoul
Fashion

Louis Vuitton Celebrates the Opening of Its New Boutique in Seoul

With celebrities including Chloe Grace Moretz, Jessica Jung, EXO’s Sehun and more.
6,877 Hypes

The 10 Best New Makeup and Skincare Product Launches You Missed This October
Beauty 

The 10 Best New Makeup and Skincare Product Launches You Missed This October

From Fenty Beauty’s Holiday 2019 range to Patrick Ta’s new collection.
1,994 Hypes

Here's How to Remove Your Halloween Makeup Without Damaging Your Skin
Beauty 

Here's How to Remove Your Halloween Makeup Without Damaging Your Skin

Revive your skin with these steps.
610 Hypes

Procell Partners with Tommy Hilfiger on Vintage Archival Collection and Pop-Up
Fashion

Procell Partners with Tommy Hilfiger on Vintage Archival Collection and Pop-Up

NYC’s premier vintage store will curate a selection of key Hilfiger pieces.
870 Hypes

More ▾