Global technology major Apple plans to bring out a monthly iPhone subscription bundle, with a package combining hardware and services like Apple One this year.
According to top sources, the hardware subscription would allow customers to acquire iPhones and other items from Apple for a monthly fee.
As per reports the tech giant had an opportunity to introduce such a service during its iPhone 14 event, it may still make an appearance in the coming weeks.
Apple is supposedly thought to be ‘actively testing' the service.
Top technology observers believe that the company is still in the planning phase and the scheme may finally take some time to get through.
The scheme, if at all goes through, may be launched ‘either later this year or next year.'
The proposed subscription was not announced or mentioned during the iPhone event to ‘reduce launch day complexity,' since it would be an ‘entirely new way to buy an iPhone.'
Given the expectation of an October event for iPad and Mac launches, there could be a high chance Apple could use that presentation as a venue for a subscription launch, as per the report.
Apple already offers several direct ways customers can get the latest flagships, including the iPhone Upgrade Program and installment programs, like Apple Card.
However, the subscription would differ as customers would not just pay a portion of the hardware cost, but also for a suite of services on top, the report noted.