Apple is introducing a leasing program for iPhones, Macs, and other products to make them more accessible to consumers. This initiative allows users to lease devices for 12-24 months for smartphones and tablets, and up to 36 months for computers, with options starting at $17.99 per month. The program replaces the previous iPhone Upgrade Program and aims to offer greater flexibility compared to outright purchases. Analysts note that many American consumers keep their phones for over 22 months, and recent price hikes due to supply chain issues suggest upcoming iPhones may cost significantly more. The leasing model is positioned as a shift toward viewing devices as recurring expenses rather than large upfront investments.
Bias read (Center): The article presents information about Apple's new leasing program without overtly favoring any political ideology. It reports on corporate strategy and economic trends affecting consumer behavior, using balanced language and citing multiple sources such as market research firms and industry experts




