Apple partners with Klarna to launch a new device leasing program
Apple partners with Klarna to launch a new device leasing program
Updated at: July 28, 2026 at 02:00 AM
On July 28, 2026, Apple will launch a new device leasing program in the U.S. called Apple Upgrade.
By partnering with the fintech giant Klarna, Apple aims to make its premium hardware more accessible through lower monthly payments.
This shift represents a move toward a subscription-like model, which Apple hopes will encourage users to upgrade their devices more frequently.
The program covers iPhones and Apple Watches with a 24-month term, while Macs and iPads are set on a 36-month cycle.
Critics worry that Klarna's involvement could lead to stricter device restrictions for missed payments and potentially dilute Apple's premium brand image.
Additionally, Apple plans to phase out its older financing options to focus entirely on this new service.
As the launch approaches, consumers will need to decide if this subscription model offers the flexibility they need for their next tech upgrade.
