Subscription Service for iPhones?
Mark Gurman: “Apple Inc. is working on a subscription service for the iPhone and other hardware products, a move that could make device ownership similar to paying a monthly app fee, according to people with knowledge of the matter. The service would be Apple’s biggest push yet into automatically recurring sales, allowing users to subscribe to hardware for the first time — rather than just digital services. But the project is still in development, said the people, who asked not to identified because the initiative hasn’t been announced.”
This whole idea of owning nothing and making payments on everything you own in perpetuity is bullshit. I want to own my hardware, not rent it. I hope there will continue to be a cash option if this actually happens.