As Bloomberg News reports, Apple Inc. is working on a subscription service for iPhone and other hardware products, a move that could make device ownership similar to paying monthly app fees.
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The service will be Apple’s biggest push yet in automatically recurring sales, allowing users to subscribe to hardware for the first time — rather than just digital services. But the project is still under development, said the people, who asked not to be identified because the initiative has not been announced.
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Originally published at Pen 18
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