News, Reviews & Betas which includes large community peer support Apple seems to be developing a subscription plan to rent and use the latest iPhone without actually buying one. Consumers won’t own the device, and hence, could easily exchange for a newer model.
Consumers could soon subscribe to an installment plan to use the latest Apple iPhone instead of purchasing the premium iOS handset. Apple seems to be considering a monthly subscription for its iPhone and other gadgets, presumably to fuel demand, and ensure it can keep production levels high. A Bloomberg report indicates Apple seems to be working on a subscription model for the company’s smartphones, and possibly, other high-end electronics. Incidentally, this does not mean that consumers would actually own the devices after they have paid all the installments. Under the as-yet-unannounced subscription service, customers wouldn’t actually own the Apple product they subscribed to.
