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No, You Probably Shouldn’t Lease Your iPhone
Apple's shift towards leasing its products, including iPhones, has sparked criticism.
AI Summary
Apple's shift towards leasing its products, including iPhones, has sparked criticism. This approach allows consumers to pay for devices in monthly installments, rather than purchasing them outright. The financial implications of this model are multifaceted. Critics argue that it contributes to the "financialization of the affordability crisis," suggesting that it may exacerbate existing economic issues. The change in business strategy highlights a broader trend in the tech industry, where companies are increasingly adopting subscription-based models for their products.
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