Apple Upgrade

Apple has introduced a new monthly lease program for iPhones, MacBooks, iPads, and Apple Watches through Klarna, replacing its previous iPhone Upgrade Program. Unlike the prior loan-based model, the new 'Apple Upgrade' program legally classifies as a lease, requiring full payment before ownership transfer and imposing strict consequences for missed payments, including device return or full balance payment. The shift raises concerns about consumer privacy and control over personal data stored on rented devices.

Apple has introduced a new leasing program called Apple Upgrade, allowing customers to rent iPhones, Macs, and other devices without ownership. The program is positioned as a response to rising product prices.

Apple has introduced a subscription-style leasing program called Apple Upgrade, allowing customers to make monthly payments for iPhones and Macs and return the devices at the end of the term. Some iPhone plans start at $18 per month, with 12- and 24-month options for iPhones and Apple Watch, and 24- and 36-month options for Macs and iPads. Trade-ins can reduce monthly lease payments.

Apple is launching a device leasing program called Apple Upgrade with Klarna, offering iPhone, Apple Watch, Mac, and iPad starting at $17.99 a month. The program replaces Apple's existing iPhone Upgrade Program.