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Apple’s rumored ‘Upgrade’ program brings lease-to-own pricing for iPhones, Macs, and iPads

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Apple’s rumored ‘Upgrade’ program brings lease-to-own pricing for iPhones, Macs, and iPads

TL;DR

  • Apple is expected to launch an "Apple Upgrade" program on July 28th.
  • The program will function like a car lease, offering options to upgrade early, keep, or return the device.
  • It will be available for most iPhones, Macs, iPads, and Apple Watches, with Klarna providing financial backing.
  • Lease terms will be 24 months for iPhones and Apple Watches, and 36 months for iPads and Macs.
  • Budget devices and AppleCare subscriptions will not be included in the new program.