Loading...
Market
Which company will Apple direct users to for financing by end of 2025?
3
Resolution / Starting Odds
Affirm • 25%
Klarna • 25%
Afterpay • 25%
Other • 25%
Official announcements from Apple or major financial news outlets
Story
Apple Discontinues iPhone Hardware Subscription Service, Directs Users to Third-Party Financing
Dec 18, 2024, 07:33 PM
Apple Inc. has discontinued its efforts to develop an iPhone hardware subscription service, a project that had been in development since around 2022. The service, which aimed to allow customers to pay a monthly fee for a new iPhone each year, was intended to change the way consumers purchase the company's flagship device. The project was overseen by Apple's Apple Pay group, which also shut down the Apple Pay Later program earlier this year. The decision to halt the subscription service was influenced by regulatory concerns and software issues, leading to the disbandment of the team and their reassignment to other projects. Apple is now directing customers to third-party financing options instead.
View original story
Similar markets
Affirm • 25%
Goldman Sachs • 25%
JPMorgan Chase • 25%
Other • 25%
JPMorgan • 25%
Goldman Sachs • 25%
Another bank • 25%
No new issuer • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Google • 25%
Samsung • 25%
PayPal • 25%
Other • 25%
Yes • 50%
No • 50%
Deal finalized with concessions • 25%
Deal finalized without concessions • 25%
No deal finalized • 25%
Another bank takes over • 25%
Lower interest rates • 25%
Higher cashback rewards • 25%
New partnership benefits • 25%
Other • 25%
Fine • 25%
Operational Restrictions • 25%
No Action • 25%
Other • 25%
