Apple Introduces Leasing Program for iPhones and Other Devices
Apple is launching a leasing program that would let customers pay to use iPhones and other devices rather than buy them outright. The move is partly a response to rising component costs driven by AI hardware demand.
Why this matters: Leasing sounds like a good deal until you think about what you give up. When you lease a device, the company sets the terms — what happens to your data when the lease ends, whether you can repair it, and when Apple decides to end the program. Ownership is a form of control. The less you own your device, the more a company can shape how, when, and on what conditions you use it.
Who should care: AI governance · Lawyers · Administrators · General readers · Policy
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