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Apple launches US device leasing via Klarna partner
NDTV··30 Jul
Apple has rolled out an Upgrade lease program in the United States for iPhones, iPads, Macs and Apple Watches through Klarna, NDTV reported. iPhone leasing starts at $17.99 per month on 12 to 24 month terms for phones and watches, and 24 to 36 months for Macs and iPads, with a soft credit check replacing the older iPhone Upgrade Program.
Prism
What It Means For You
- US Apple customers can lease devices from $17.99 monthly instead of paying full retail upfront.
- Excluded models mean entry iPhone 16, base iPad, MacBook Neo and Watch SE buyers must use other options.
- Recent $100 to $500 price hikes make monthly plans more attractive for upgrade-focused users.
What's Happening
- Apple launched the Upgrade lease program in the US through partner Klarna on July 30 coverage.
- Terms run 12 to 24 months for iPhones and Watches and 24 to 36 months for Macs and iPads.
- The offering replaces the prior iPhone Upgrade Program and uses soft credit checks.
Hardware Pricing Meets Subscription Logic
- Apple has been raising hardware prices while expanding financing and trade-in pathways.
- Klarna partnerships reflect broader retail shift toward lease and pay-over-time models.
- Device exclusion lists steer lessees toward premium SKUs with higher monthly revenue.
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