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> Therefore this is a indefinite rental instead of a sale.

It’s not indefinite, because the vendor won’t support the hardware indefinitely. It’s also not a rental, because you are free to resell the hardware.

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Devil's advocate: it seems similar to reassigning a lease if you want out before it ends. Lease reassignment is a common clause in rental agreements, it sounds like Apple simply allows you to reassign your indefinite device rental, unlike, for example, Tesla.

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