PlayStation 5 Sales Reach 93.7 Million Units Despite Sales Slump in Q4
Sony has reported that 93.7 million PlayStation 5 units have shipped since launch, with 1.5 million sold in the latest quarter.
Apple Brings Back 0% Financing in Canada Ahead of iPhone 17
This could be a sign of good things to come. Apple Canada has dropped its financing rate back to 0% for the iPhone, through its partner Affirm.
As far back as 2021, Apple had 0% interest payments for iPhone, iPad and Mac. But ahead of the iPhone 15 series launch in 2023, Apple increased interest-free financing, matching high rates at the time.
The iPhone annual percentage rate (APR) was turned up to 7.99% over 24 months, but this week Apple has dropped it back to 0% over the same term length. This means you can just straight up repay your iPhone purchase over 24 months in equal instalments, with 0% interest.
Other financing interest rates from Apple is as follows:
- iPad: 4.99% over 12 months
- Mac: 7.99% over 24 months
- Apple Watch: 4.99% over 12 months
- Apple Vision Pro: 7.99% over 24 months
Back in 2023, Mac financing was at 4.99% but that went up to 7.99% we’re seeing today. With 0% financing set on iPhone so early, it could be a sign that Apple is pushing for more sales right now. It’s unclear if we’ll see rates drop to 0% for iPad, Mac and more.
Is this part of Apple’s plan to prepare customers seeking upgrades this year with the new iPhone 17 series that is expected to finally come with a new design (and a rumoured iPhone 17 ‘Air’)? Are you going to jump on an iPhone with 0% APR again?
Want to see more of our stories on Google?
P.S. Want to keep this site truly independent? Support us by buying us a beer, treating us to a coffee, or shopping through Amazon here. Links in this post are affiliate links, so we earn a tiny commission at no charge to you. Thanks for supporting independent Canadian media!
Other articles in the category: News
Nintendo Switch 2 Will Cost $679.99 in Canada Starting on September 1
Nintendo Switch 2 will soon cost an extra $50 in Canada starting on September 1st as Nintendo reacts to the market.
CBC Had a Subscription Documentary Channel. Now It Wants Taxpayers to Fund a Free One
The CBC is shutting down its subscription-based Documentary Channel on August 31 and replacing it with a free ad-supported streaming channel launching this fall, backed by a $7 million funding increase for Canadian documentaries. The national broadcaster framed the move as a modernization push, pointing to declining cable subscribers and shifting viewing habits as the...
The problem is Affirm is really bad. You can't use your credit card with them and forced to give your bank info. The company Apple used before affirm was way better (but I think they were bought by Affirm). Now, if you want to buy Apple stuff with 0% financing, the best way is to use the Amazon credit card and use the 12 month % financing when you buy an Apple product on Amazon (in Quebec, for other province, any credit card will finance with 0% interest for 12 months)
I don’t mind Affirm. Setting up a pre auth payment through your bank is easier than having them charge a card ,then you having to transfer funds from the same bank account you didn’t want affirm to use to the credit card.