It was recently rumored that Apple It is working on a subscription model for its products, where the company intends to sell iPhones and other products as a monthly subscription that allows users to pay a monthly fee to get the latest model of the iPhone every year.
Apple's service
Mark Gorman of Bloomberg said that Apple's new service will allow it to earn hundreds of dollars more than the average selling price of an iPhone with its subscription model, which will be over three years.
With Apple's new subscription service, users will not have to pay a large amount up front while upgrading their smartphones but instead will be paid on a monthly basis similar to iCloud and Apple Music.
How much will Apple make by selling an iPhone as a subscription?
According to Gorman, the company can make more than the average selling price of an iPhone. For example, if you decide to sell the iPhone 13 ($799), it will set a monthly fee of $35 over three years. This means that the device will sell for 1260 dollars.
As for the iPhone 13 Pro, which costs $ 999, Apple will charge it $ 45, and so Apple will earn $ 1620 for selling the iPhone over a period of three years (3 years is the average period for a user to upgrade).
And for the iPhone 13 Pro Max (its price is $ 1099), the user will pay $ 50 per month for three years, and Apple will achieve up to $ 1800, or $ 700 additional to the original price.
This means that the profit margin due to the new subscription service is more than 40%, and the company will benefit from the iPhone devices that will be returned by users by renewing and reselling them again. According to Gorman's report, the user who remains in Apple's subscription model for 10 Years, to earn $ 4000 through it, and this amount on the lowest category of iPhone devices.
Ultimately, the subscription model will benefit both users who want to upgrade and get a new iPhone every year, as well as Apple since people are expected to stay locked in the subscription service for longer and therefore more sales and more profits.
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Ok guys, will the sale be to all countries?
Nor how will the sale be?
Collect bankruptcy and pay cash with halal
I don't pay a premium and I live for three years
It is true that I do not have the value to buy!
And God sings us by His lawful over what is forbidden, and by His grace over anyone else
A beneficial offer for both parties, especially in light of the current economic conditions and the high prices of Apple products..a win-win logic
This is a difficult business model, and the lesson is that the profit of the apple is higher than the sale in terms of cash and money, and this is what I doubt, given the loss of the segment of backward countries that do not provide the rental system, and I believe that they are many.
The exception to this is that the profitability of countries or segments that will respond from various countries makes the option of dropping the iPhone from the apple-developed countries into a burden that has been eliminated because it is not ready and the citizens of such countries are not able to make a long-term commitment to the greedy apple.
Like the idea of banks and Apple forcing the user or the customer to enter the cycle of usury..
Likewise, many companies do the same.
Likewise, there are some people who will pay you a portion of the money and stipulate that you return it twice.
Of course, there are those who accept the offer against his will.
This is what Miss Al-Ablawi would do, filling her stomach only.
I do not see any rational justification for someone who cannot pay the value of a device because of his financial circumstance ((God expands him 🤲🏻)) to accept to bear the burden of monthly installments that he could have provided for the necessities 🤦🏻 ♂️ This is a foolish name as I can meet the necessities of the phone at a value Much less than an iPhone
The question is will it be available in Arab countries?
I think it will only be applied in western countries
Call it whatever you like, but I warn you that this is usury in particular, but it has been placed in a tight opportunistic system and enclosed in an ornate and ornate frame that deludes the reader and listener that it is not like that who promises you to bring fish that he has not caught yet! This is what the imperialist capitalist system has been so well crafted since its inception to earn multiply money in any way possible. What will happen if you cannot pay your monthly installments? Your contract will be canceled and the device will be taken away from you or at least your phone will be turned off and useless and you will not even be able to sell it and the installments you paid will be in vain.
Do not buy what you cannot afford, and being content with what you have is an inexhaustible treasure, and God knows best.
If XNUMX dollars for the max version, which is equivalent to XNUMX dirhams, would be appropriate, and after three years, you can sell the last used device and participate in an iron contract in the fourth year. But if it is more expensive than that, it will be a large amount over three years
Ok, why don't you buy an iPhone without a subscription instead of paying an extra 40,%, for the value of the device over three years
That's how you lose
The most important question is, will telecommunications companies allow this type of contract? So that this is the method of telecom companies usually, they provide the device in equal installments for a period of one or two years. We all know the famous proverb, “loose money knows theft.” I am not afraid of Apple’s strategy, but I am afraid of Apple’s strategy. A credit card for one of the banks on the list, and the actual contract is with the bank, not Apple,,,
Like your phone number, you are in fact rented from the telecommunications company with a long-term contract. You pay for its use, a monthly amount. If you fail to pay the rent of the number, they withdraw it from you and give it to another tenant, and so on with the new Apple system
This service is not a sale service, but a rental service, meaning that the user uses the device and does not own it, and when a new device is issued, the old one can be replaced with a new one without any additional fees.
Yes, this step is similar to what many local telecommunications companies offer in more than one country, but the difference here is that it will deal directly with Apple, which allows the use of the device for more than one company and will not be locked or restricted to certain companies without the other, and it is also an opportunity for low-income people to obtain On Apple products and replace them annually with newer devices, even if the final price is high, the deferred payment is always greater. 👍🏼
What is the difference between it and any installment system?
Is this available in our Arab countries?
I did not understand well from the article
Because what I have read suggests the famous installment system we have in Iraq, it is normal for a person to buy a device in installments with equal payments from the first payment and an increase in the price by XNUMX%
But where is the difference between Apple?
Will Apple replace the used device every year with something newer!? With the continuation of the installments? And take the old
Yes that's right
usury?
Why usury? This is a normal contract of three years, in exchange for the provision of services and equipment. This is not even an installment contract.