Apple Inc. is engaged on a subscription service for the iPhone and different hardware products, a transfer that might make machine possession just like paying a month-to-month app price, based on folks with information of the matter, Bloomberg News reviews.
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The service can be Apple’s largest push but into mechanically recurring gross sales, permitting customers to subscribe to {hardware} for the primary time — moderately than simply digital services. However the mission remains to be in growth, mentioned the folks, who requested to not recognized as a result of the initiative hasn’t been introduced.
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