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Apple Upgrade program threatens mobile carriers with new device trade-in offer

Apple launched its new Upgrade program in the United States earlier this year to allow customers to trade in devices for credit.

The Apple Upgrade program is great for consumers and Apple, but bad for carriers like Verizon and AT&T — here's why
File photo The Apple Upgrade program is great for consumers and Apple, but bad for carriers like Verizon and AT&T — here's why Photo: TechRadar

Carrier business model faces disruption

The initiative gives Apple considerable power over mobile network operators by shifting customer loyalty away from carriers. This dynamic mirrors the impact of the original iPhone launch on third-party resellers nineteen years ago. Carriers now face an existential threat similar to that faced by Phones4U in the United Kingdom.

Program availability remains limited

The service is currently available only in the US market at the time of reporting. While the deal benefits consumers and Apple, it creates knock-on effects for major mobile network operators. Industry analysts suggest this could have a lasting impact on the broader mobile industry structure.

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