<ul><li>Apple has reportedly stopped its development of an iPhone hardware subscription program.</li><li>The program, which would have allowed consumers to pay a monthly fee for an iPhone and receive a new model each year, faced issues with software bugs and regulatory concerns.</li><li>Apple's Apple Pay group, responsible for the hardware subscription program, previously shut down its buy now, pay later (BNPL) offering due to stricter regulations.</li><li>Apple is now focusing on launching a thinner iPhone with a simplified camera, as well as two foldable devices in the future.</li></ul>

Report: Apple Stops Development of iPhone Hardware Subscription Program

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