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Apple Upgrade

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Apple Launches Klarna-backed Apple Upgrade Leasing, Phasing Out the iPhone Upgrade Program
technology1 hour ago

Apple Launches Klarna-backed Apple Upgrade Leasing, Phasing Out the iPhone Upgrade Program

Apple has introduced Apple Upgrade, a Klarna-backed leasing program for iPhone, iPad, Mac, and Apple Watch that replaces the iPhone Upgrade Program and iPhone Payments. Leases run 12–24 months for iPhone/Watch and 24–36 months for Mac/iPad, with starter monthly prices from $17.99 (iPhone) and $11.99 (Watch). End-of-lease options include returning, paying off, or upgrading; trade-ins/credits affect monthly costs, and Klarna handles the financing. Apple Card users can opt for Apple Card Monthly Installments or Apple Upgrade with 3% Daily Cash on lease payments. Current iPhone Upgrade Program sign-ups end, but existing participants may continue payments until paid off. Availability starts today in-store and online, with model and eligibility restrictions.

Apple Upgrade: A Clever Financing Play That May Stretch Your Wallet
technology4 hours ago

Apple Upgrade: A Clever Financing Play That May Stretch Your Wallet

Apple’s Upgrade program lets customers lease high-priced devices (potentially 2,000+ iPhones) with low upfront costs and the option to upgrade, while AppleCare is separated. Backed by Klarna to limit Apple’s credit risk, the plan could help Apple push premium gear in a weak economy, but it also tempts buyers into debt with monthly payments and usage restrictions if payments are missed, and it isn’t available through third-party resellers. For fiscally cautious buyers, it offers flexibility; for others, it could inflate long-term costs.

Apple and Klarna Unveil New 'Apple Upgrade' Financing Program
technology2 days ago

Apple and Klarna Unveil New 'Apple Upgrade' Financing Program

Apple and Klarna will launch the new 'Apple Upgrade' financing program in the U.S. on July 28, 2026, financing most iPhone, iPad, Mac, and Apple Watch models with 24‑month terms for iPhones/Watches and 36‑month terms for iPads/Macs; customers can pay off early, upgrade early, or keep/return after the term, with a soft credit check and potential fees. Some lower‑priced devices (e.g., iPhone 16, entry‑level iPad, Apple Watch SE, MacBook Neo) aren’t eligible, and AppleCare+ isn’t included; the program replaces the old iPhone Upgrade Program and other financing options.