Phone leasing is a part of the mobile market that is showing some positive signs of growth – and naturally, the world is now taking notice after Apple announced their iPhone Upgrade program which leases their phones to users with the option of upgrading to the next iPhone in a year’s time. In the US, the big four networks offer phone leasing programs, however, it appears Samsung could offer phone leasing itself sometime in the near future.
The report says that Samsung originally planned to start its programs sometime over the next few months, but will have gotten a wake-up call when Apple announced the same thing. While Apple only has a couple of devices, we’d expect Samsung to restrict its leasing programs to only its flagship devices. Like subsidized phone plans, these phone leasing programs break up payments for the consumer so that they can have the latest hardware without needing to shell it all out at once – and the benefit for Samsung in this scenario is that it doesn’t lose out on the subsidies if they bypass the carrier with these programs. We’ll have to keep an eye on this one and see if it happens in the near future.
What do you think about the news that Samsung could offer phone leasing? Let us know your thoughts in the comments below.