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Apple introduces leasing program for iPhones and other devices

nytimes.com

31–40 of 76 posts

Re: Apple introduces leasing program for iPhones and other devices

#31

Own nothing and be happy. Hope people don't fall for this BS. The only thing you can control is to decide where to spend your own money and time.

What about it is BS? I don't see any issue with leasing things if it does make me happier.

Ignorance is bliss.

Re: Apple introduces leasing program for iPhones and other devices

#32

Not sure why people are so negative about this, macbooks only really last a few years under heavy use anyway and most small businesses would love to pay $100/employee/month to make sure they all have hardware they need rather than trying to manage depreciation accounting and cash flow. Eg often hardware over $1000 gets depreciated over 5 years but employee laptops get replaced every 3 years so subscribing can have a…

>macbooks only really last a few years under heavy use anyway

What?

Re: Apple introduces leasing program for iPhones and other devices

#33
post #28

Apple is introducing this now because hardware capability ceilings are being hit and component prices are preventing higher specced components from being used. I buy a new (non apple) phone most years, but I'll probably skip the next 2 years due to flatlining of specs and increasing price.

Agreed, there is very little happening from generation to generation. Yes, the 17 Pro had a redesign and better thermals, but was very boring otherwise. I don't really see why non-enthusiasts with a 14/15/16 Pro would upgrade. The 17 was a good step up, but it's hard to cheer for finally getting a 120Hz display, while 300-400 Euro Android phones had them for a few years already. The iPhone Air was the only really int…

The only phone I would consider upgrading from my 14 Pro Max is Air. I think phone cameras have hit a limit several years ago and stopped improving, the end results looking really weak even with all this heavy post processing. Air finally doesn’t feel like a brick while having a large enough screen. It’s a breath of fresh air, pun intended.

Re: Apple introduces leasing program for iPhones and other devices

#34

Earlier quoted context omitted.

Untrue to say they don’t last, our M1 macs 6 years later are still very usable. However your point is very true for corporates, staff always want a refresh regardless if the laptop is good enough or not. These personal plans make sense for people who want the latest and don’t like the hassle of reselling

> staff always want a refresh regardless if the laptop is good enough or not My personal experience disagrees. A lot of colleagues are absolutely happy with keeping their machines for quite some time. A lot of it - believe it or not - is simply inertia. Apple has made switching MacBooks super easy but still the process of going through the migration process from one machine to the next simply isn't worth the trouble…

Mostly because IT insists that you need to start over with a fresh install.

When I last switched laptops, I just did `dd if=/dev/nvmeOldLaptop of=/dev/nvmeNewLaptop` and was good to go with the entire laptop state being replicated, compared to my colleagues who spent a week gradually copying all their stuff over, and still missing a ton. Some time later IT figured out my windows installation ID was wrong and just assumed they messed up during setup and updated their database.

Re: Apple introduces leasing program for iPhones and other devices

#35

Own nothing and be happy. Hope people don't fall for this BS. The only thing you can control is to decide where to spend your own money and time.

What about it is BS? I don't see any issue with leasing things if it does make me happier.

Unfortunately, these kind of constructions leads to people getting devices that are probably not good for their budget. If you cannot pay a 1200 Euro phone, getting a 40 Euro per month phone lease is probably also not a good idea.

Before people start strawmanning, yes, we do the same for house mortgages. But a living space is essential, but more importantly, long-term the value typically stays the same or rises. So, even if you cannot afford the mortgage anymore, you can sell the house, pay back the mortgage company and keep the capital you accumulated so far.

A phone is also an essential now, but they lose value over time, and many midrange 300-500 phones are barely worse than an iPhone nowadays and will also have 6 years of monthly security updates, etc. (if you pick the right brand).

These schemes are only there to trick people who probably couldn't afford luxury products into buying them. People who can afford an iPhone, can also save up for one or buy one outright.

Using Klarna is also indicative of Apple's moral rot. They are well known in Europe for willingly getting people to buy things they can't afford (I guess similar to US credit cards) and high-interest rate loans. They are a morally bankrupt company and it's sad that Apple has sunk so far just to make the line go up.

Re: Apple introduces leasing program for iPhones and other devices

#36
post #28

Apple is introducing this now because hardware capability ceilings are being hit and component prices are preventing higher specced components from being used. I buy a new (non apple) phone most years, but I'll probably skip the next 2 years due to flatlining of specs and increasing price.

If you don't mind me asking, why do you buy one new phone every year?

Re: Apple introduces leasing program for iPhones and other devices

#37

Not sure why people are so negative about this, macbooks only really last a few years under heavy use anyway and most small businesses would love to pay $100/employee/month to make sure they all have hardware they need rather than trying to manage depreciation accounting and cash flow. Eg often hardware over $1000 gets depreciated over 5 years but employee laptops get replaced every 3 years so subscribing can have a…

Small businesses won't go for this program because it isn't a true lease, it's a loan.

Re: Apple introduces leasing program for iPhones and other devices

#39
post #28

Apple is introducing this now because hardware capability ceilings are being hit and component prices are preventing higher specced components from being used. I buy a new (non apple) phone most years, but I'll probably skip the next 2 years due to flatlining of specs and increasing price.

The next few upgrade cycles for Apple will be about enabling AI functionality through an increase in ram. So if people want AI, they’ll have to get a new phone.

Re: Apple introduces leasing program for iPhones and other devices

#40

Own nothing and be happy. Hope people don't fall for this BS. The only thing you can control is to decide where to spend your own money and time.

If anything, I think the terms for this are almost too good. You never end up paying more than the cost of purchasing the device outright if you decide to keep the device. And considering it can have a term of up to 30 months (24 month lease, with 6 months more before you're charged the remaining cost of the device), you've just gotten a zero percent interest loan for 30 months. That's actually cheaper than buying it outright at the start of the term due to inflation. I seriously cannot see a downside to this program on the consumer's end if they end up keeping the device.

If the customer is the sort of person that upgrades yearly then it reduces hassle: no extra effort for valuing a trade-in or selling to a third party. It affects these customers the most because they might be able to recoup more in a third party sale in exchange for effort on their part.

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