Apple is preparing a hardware subscription service for iPhones

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That could launch as soon as the end of this year

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The service would allow customers to buy an iPhone through monthly payments.

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Similar to how users currently subscribe to iCloud, according to the report.

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The move would represent the culmination of a longtime Apple investor desire for the company to sell its hardware as a subscription.

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Doing so would boost recurring revenue and could lead to an increase in the stock price.

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Analysts have long been wary that Apple’s prodigious hardware.

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Sales are a “hits business” and believe that increasing predictable subscription.

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Revenue could prompt investors to value Apple more highly.

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Apple already offers several methods to pay for iPhones on a monthly basis.

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Including the iPhone Upgrade Program, which bundles iPhones with a warranty

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and free upgrades for a monthly fee, and financing with the Apple Card.

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Just follow the below link to know more about...

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