Apple Could Lease IPhones to Help Spur Upgrades: Macquarie

  • Wireless carriers could sell iPhones without owning inventory
  • Apple may see quicker buying cycles and boost from used sales

Apple Inc. could take a page from the auto industry and lease iPhones, providing a lower-cost option for consumers and carriers that could boost the pace of phone upgrades, Macquarie Securities USA Inc. analyst Kevin Smithen wrote in a note Wednesday.

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