here are the Apple target prices

The announcement of the next batch of iPhones at the end of the year is fast approaching, and with it a new form of subscription that allows you to pay monthly to use Apple’s latest smartphone. We already know a bit more about the prices Apple could charge.

iPhone 14 dual screen opening design

Last week, our colleagues at Bloomberg reported that Apple is considering sell their iPhones, iPads, and other products through a monthly subscription† Apple shareholders had already put forward the idea in 2019, but it now seems that the American giant is ready to set up such packages from the end of the year or early next year

This new offering should not be confused with the various subscription plans Apple already offers, including: Apple One, this all-in-one subscription with Apple Music, Arcane, TV and iCloud services† This is indeed a subscription that allows you to:use an iPhone without ever having to invest a large sum of money

Also to readiPhone 14 – Apple will reuse the A15 chip from the iPhone 13 and raise prices

How much does an iPhone 14 subscription cost?

According to journalist Mark Gurman, who is generally very knowledgeable, Apple could base its subscription price on: its iPhone upgrade program that spreads the cost of a phone over 24 months† As a reminder, once the 24 months have passed, the phone becomes your property, but this would not be the case on the new rental program

With Apple’s new plan, you wouldn’t be able to own a device even after paying several monthly payments. So, based on the already existing offer, a iPhone 14 could cost about $35 a month† An iPhone 14 Pro would cost $45 a month, and an iPhone 14 Pro Max for $50 a month.

More than 12 months, an iPhone 14 Pro Max would therefore cost you $600† The big advantage of this subscription is the possibility to switch smartphones every year. So you could spend about $600 a year if you want the most powerful model, and $420 for a regular iPhone 14.

However, you cannot resell your smartphone. So this subscription would not necessarily be the cheapest option if you keep your smartphone for several years before you resell it. Customers will have to choose between: pay more for a long-term subscriptionbut change smartphones every year, or buy a smartphone that they can resell a few years later

Here’s the summary of the prices Apple could apply:

  • iPhone 14 : $35 per month
  • iPhone 14 Pro : $45 per month
  • iPhone 14 Pro Max : $50 per month

Source: Mark Gurman

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