Description
Apple Doesn't Want You to Buy an iPhone Anymore!
Apple is reportedly launching a new program called Apple Upgrade in the U.S. on July 28, backed by Klarna.
Instead of buying an iPhone, iPad, Mac, or Apple Watch outright, customers will lease the device for a lower monthly payment.
This makes Apple devices more affordable while encouraging users to upgrade more frequently.
What this means for consumers
Pros
Lower monthly payments.
Easier access to premium Apple devices.
Always have a relatively new device.
Cons
You may never actually own the device.
Your long-term spending could be higher if you keep upgrading.
Lease agreements may include return conditions and damage fees.