Apple has reportedly stopped work on a discrete iPhone hardware subscription service, but the goals of the project have been largely accomplished with the iPhone Upgrade Program.
Carrying around the new iPhone 16 Pro for the past week or so
Rumors about an iPhone hardware subscription service solidified in 2022, after a few years of speculation. Reportedly, the prototype of the program applied a monthly charge to customers not dissimilar to App Store payments. Loans are said to be provided by Apple itself.
Apple was said to be actively testing the program internally two years ago. In September of 2022, it was thought that the project would deploy to users before the end of that year.
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Source: AppleInsider News
