Mac Rumors
July 28, 2026
'Apple Upgrade' Pricing: You Can Lease an iPhone Starting at $18/Month
As expected, the Apple Upgrade program launched today, allowing customers in the U.S. to lease most iPhone, Apple Watch, iPad, and Mac models. While the program is offered by Apple, the leasing is handled by financing company Klarna. The program essentially allows you to subscribe to an Apple device with monthly payments. At the end of the lease, you can return your device and either upgrade to a new one or move on.
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