Diabytes
Apple services News
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The programme would differ in that the device's purchase would not be divided into 12 or 24 monthly instalments.
Apple intends to allow consumers to change out their smartphones for new models when new hardware is released as part of its planned hardware subscription programme.
It is important to note that Apple has been developing its hardware subscription service for some time.
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The company recently announced Apple Arcade -- the world's first game subscription service for mobile and desktop.
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Though Apple Inc is selling enough iPhones to keep investors happy for now, the world's most valuable publicly traded company is set increasingly to rely on its apps and services to drive growth.
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An array of Apple services including the App Store and Apple TV were knocked offline for several hours on Thursday due to an unexplained technical glitch.
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