The iPhone Upgrade Program is being replaced by Apple Upgrade
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Re: The iPhone Upgrade Program is being replaced by Apple Upgrade
#2Makes sense they discontinued it given that the last 5 iphones have been almost exactly the same
Re: The iPhone Upgrade Program is being replaced by Apple Upgrade
#3Makes sense they discontinued it given that the last 5 iphones have been almost exactly the same
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Re: The iPhone Upgrade Program is being replaced by Apple Upgrade
#4They're switching to a lease model. Almost certainly because of the cost of components, but also in their interests to continue the "you'll own nothing" trend. They're even using Klarna as the leasing provider.
Re: The iPhone Upgrade Program is being replaced by Apple Upgrade
#5Makes sense they discontinued it given that the last 5 iphones have been almost exactly the same
Hey that's not fair, there has been one actually useful "innovation" -- switching to USB-C like the rest of the world has been using for 10 years. Literally nothing has made me feel the slightest craving for a new iPhone since getting my 15 Pro Max.
Re: The iPhone Upgrade Program is being replaced by Apple Upgrade
#6So they're going to subtract the residual from the price and divide that by some term, just like leasing a car. Doesn't seem like a bad way to get a phone and in the end, they just automatically own the residual instead of buying it from you. It seems like a more predicable way to do the same thing most people are already doing.
Re: The iPhone Upgrade Program is being replaced by Apple Upgrade
#7They're switching to a lease model. Almost certainly because of the cost of components, but also in their interests to continue the "you'll own nothing" trend. They're even using Klarna as the leasing provider.
The Apple Upgrade lease model isn't even a replacement as you have to wait 24 months before upgrading.
The entire point of the iPhone Upgrade Program was to make it painless to swap to the newest iPhone every year. Without that, there's no value proposition.
Re: The iPhone Upgrade Program is being replaced by Apple Upgrade
#8Replaced by a lease program - https://www.apple.com/shop/apple-upgrade
Pay $32/mo (so $770 total) to use an iPhone for two years and then give it back to Apple.
This is truly the most dystopian timeline.
Re: The iPhone Upgrade Program is being replaced by Apple Upgrade
#9They're switching to a lease model. Almost certainly because of the cost of components, but also in their interests to continue the "you'll own nothing" trend. They're even using Klarna as the leasing provider.
I don't know about you, but I like to own things that appreciate. Why would I care about leasing something that just loses value as time passes? This is not a bad way to get your phone, IMO.
Re: The iPhone Upgrade Program is being replaced by Apple Upgrade
#10Interesting decision. As far as I can tell, the iPhone Upgrade Program was structured like a loan where you owned the device but kept making payments. You then had the option to trade up to a new phone and add more months to the loan, or to pay out the remainder of the loan (24 months?)
They’re discontinuing this and replacing it with Apple Upgrade, which is structured as a lease. Apple owns the device and you make payments. You either return the device or buy it out at the end.
The distinction probably doesn’t matter much to the typical consumer, other than the final price differences. Some people have an emotional attachment to knowing they own the phone instead of leasing it (I’m emotionally attached to this position, however illogical) but in the end it comes down to having a device in your hand for a monthly payment.