Apple Dips Ahead of Earnings as Klarna‑backed Upgrade Plan Debuts

Apple’s stock fell nearly 2% in regular trading before its June-quarter earnings, as analysts foresee revenue rising about 15.5% to roughly $108.65 billion and iPhone sales growing around 20.8%, with gross margin expected to slip to about 47.9%. The company also launched Apple Upgrade, a Klarna‑administered leasing program offering iPhone and Apple Watch leases (and longer terms for Macs and iPads) starting at $17.99 and $11.99 per month respectively, aimed at driving more upgrades through Apple’s direct channels, though the program’s financial impact isn’t yet quantified.