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The issue is deeper than than. Even if you buy, not lease, the iPhone, you don't control the software. Apple is still the effective owner, and tells you what you can and can't run on your own device. Worse, Apple is able to remotely inject user-hostile programs, such as the planned CSAM scanner that was planned but ultimately abandoned[0].

[0] https://9to5mac.com/2023/09/01/csam-scanning-flaw/

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All of that is true, but has nothing to do with the new payment plan apple just released.
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