Apple Upgrade might’ve provided our first hint for what could change with Apple Card
This week, Apple launched Apple Upgrade , its new leasing program for most Apple products. It replaces the iPhone Upgrade Program entirely, and for the most part, it’s an incredible deal. The deal is so good that largely, there isn’t a great reason to use Apple Card Monthly Installments (ACMI) anymore. You still get 3% cash back using Apple Upgrade, similar to ACMI – and the leasing terms are a…
Apple has launched Apple Upgrade, a leasing program for most Apple products, replacing the iPhone Upgrade Program. The new program offers generous leasing terms and allows users to purchase the device at the end of the lease by paying the difference between the leasing cost and the MSRP. Users also receive 3% cash back, similar to Apple Card Monthly Installments.
The introduction of Apple Upgrade has raised questions about the future of Apple Card Monthly Installments. With Apple Upgrade offering more flexible and affordable terms, it may no longer be necessary for users to opt for ACMI. According to 9to5Mac, there isn't a great reason to use ACMI anymore.
The launch of Apple Upgrade may signal a shift in Apple's approach to financing and leasing its products. However, it is unclear what changes may come to Apple Card Monthly Installments. Bloomberg's Mark Gurman has shared his thoughts on Apple Upgrade, but no official statements have been made by Apple regarding the future of ACMI.
Brief written by urgent.news from 9to5Mac, Techmeme — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
Also reported by 6 other outlets
- Tick, tock: It’s time for Apple to improve the iPhone Clock app fastcompany.com
- iPhone leasing, the new China problem, & Apple's future on the AppleInsider Podcast appleinsider.com
- Apple Warns of Growing Supply Constraints for iPhone, iPad, and Mac macrumors.com
- Apple may change its iPhone launch strategy, and the standard iPhone could be affected the most digitaltrends.com
- iPhone and Mac sales drive Apple's profits up 20% in nine months to $101.464 billion elpais.com
- Apple warns of future 'supply constraints' for Mac, iPhone, iPad bbc.co.uk
