Apple raised the cost of its monthly AppleCare subscription prices for iPhones by 50 cents, MacRumors reports. The 50 cent price hike applies to both standard AppleCare Plus and AppleCare Plus with Theft and Loss monthly plans for Apple’s current iPhone lineup. So, for example, the standard AppleCare Plus for the iPhone 16 will cost $10.49 per month instead of $9.99.
Apple will also no longer let US customers pay for two years of AppleCare Plus for iPhones as a one-time upfront fee in its physical stores or from the AppleCare menu, according to Bloomberg. Instead, customers will have to subscribe for a monthly plan or an annual plan. Theft and Loss coverage will also be included by default in these recurring plans, increasing the price even more.
However, Apple still offers the fixed two-year plans from its online store. You can also get AppleCare Plus without Theft and Loss online as well.
Apple has increasingly been increasingly focused on its services and subscriptions business in the past few years. In its last quarter, Apple reported that its services revenue reached an all-time high.
[Notigroup Newsroom in collaboration with other media outlets, with information from the following sources]
