Apple is working on a variety of services, including a hardware-based subscription service for the iPhones and various physical goods to launch in the future.
Since the iPhone is Apple’s biggest source of sales, generating approximately $192 billion in sales last year. Hardware services include DaaS (Device as a Service).
This works in a good way in the corporate environment where companies purchase the devices to use them and provide them to their employees.
Steps towards subscriptions plan
Apple is taking more steps towards dominating the smartphone industry very quickly. Already, Apple is working on some subscription plans:
- Apple Music Family: $14.99
- Apple TV+: $4.99
- Apple Arcade: $4.99
- Apple Fitness+$9.99
What is Apple’s hardware subscription plan?
An Apple hardware subscription plan is like a lease and rent system, where buyers have to pay monthly fees. Apple is currently working on a subscription service for its hardware products and its iPhone. This subscription plan is going to be useful in the direction of approaching more users. This is a way to attract users to Apple’s smartphones.
Effective Subscription Plan
Apple’s hardware subscription plan is very effective and can be used in new ways. Apple is in the planning stage of letting customers subscribe to hardware with the same Apple ID and App Store account. Apple has been working on this plan for several months. Apple launched some services in 2020 to allow users to subscribe to any service like fitness+ and cloud storage for lower monthly payments.
Bring in large numbers of customers.
In the smartphone segment, subscription services can attract many customers.
It lets iPhone users pay for their phones in 24 monthly installments. Apple dominated the top 10 best-selling products globally in the list of 2021.
Due to its services, Apple got seven spots on this list. Apple’s subscription service could bundle in Apple care and several other services that are digital.
Conclusion
With the advancement of technology, everything is moving quickly. Technology has enabled a lot of advanced things to make people more comfortable.
Apple has made the preceding move for the benefit of its users. The smartphone industry is following in Apple’s footsteps.
If Apple launches this service plan, other big manufacturers like Samsung could follow suit. The services of smartphones always become the center of attraction for users.
Read More : iPhone users experienced battery draining problems after updating to iOS 15.4
