Wired·3 min read·medium
No, You Probably Shouldn’t Lease Your iPhone
B
Boone Ashworth
✦AI Summary
Apple has introduced a new leasing program for its hardware, allowing users to rent devices like iPhones and Macs for a monthly fee. The article argues that this model is financially disadvantageous for consumers compared to buying and reselling devices.
Apple has spent more than a decade tending to its thriving walled garden of products. Outgoing CEO Tim Cook’s core legacy at the company was turning it into a subscription service, where devices and services sync and communicate seamlessly, locking customers in.
technologybusinesseconomy
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