Apple Cancels Plans for iPhone Hardware Subscription Service
Bloomberg reports that Apple has scrapped plans to offer a subscription service for iPhones, which would have made owning an iPhone as easy as subscribing to an app. The project was reportedly delayed due to software problems and regulatory concerns.

Apple has reportedly scrapped plans to offer a hardware subscription service that would allow customers to get a new iPhone every year for a monthly fee. The project, which aimed to make owning an iPhone like subscribing to an app, was recently wound down after suffering setbacks due to software problems and regulatory concerns.
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