Apple Upgrades will let users lease iPhones and Macs with Klarna
AI-summarised brief · reviewed before publication
Apple will launch a new leasing program, Apple Upgrade, on July 28, partnering with Klarna to offer iPhones, select Macs, iPads, and Apple Watches on 24‑ to 36‑month terms. Customers will pay a monthly subscription, can upgrade mid‑term, pay off early, or return the device, though some models (iPhone 16, MacBook Neo, base‑level iPad, Watch SE) and business/education purchases are excluded. The plan omits AppleCare and requires a soft credit check. Existing upgrade programs will continue but new enrollments will shift to Apple Upgrade.
💡 Why It Matters
- · By expanding leasing to a broader range of Apple hardware, the company taps a growing demand for flexible ownership models, potentially reshaping how consumers finance premium tech.
- · The partnership with Klarna also signals Apple’s deeper reliance on third‑party payment services after discontinuing its own Pay‑Later option.