Apple lays the groundwork for an iPhone subscription

Apple CEO Tim Cook suggested that Apple is working on new ways to pay for iPhones on a monthly basis during a conference call with analysts on Wednesday.
Kif Leswing for CNBC:Apple investors have speculated for years about the possibility that Apple could sell hardware, like the iPhone, on a subscription basis… Under the argument for an iPhone subscription, which some people call Apple Prime after the Amazon program of the same name, Apple would bundle hardware upgrades with services like