Apple launches US device leasing program with Klarna
FILE PHOTO: View of an Apple logo at an Apple store in Paris, France, April 23, 2025. REUTERS/Abdul Saboor/File Photo
Read a summary of this article on FAST.
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST
Tap here to return to FAST
FAST
July 28 : Apple on Tuesday launched a device leasing program in the U.S. through payments firm Klarna, offering customers monthly plans for iPhones, Macs, iPads and Apple Watches.
The program, called Apple Upgrade, expands the technology giant’s payment options and replaces its existing iPhone Upgrade Program and iPhone Payments offering in the country.
Customers can lease iPhones and Apple Watches for 12 or 24 months, while Macs and iPads are available under 24- or 36-month plans, Apple said.
Monthly payments start at $17.99 for an iPhone, $11.99 for an Apple Watch or iPad and $24.99 for a Mac.
Guess Word
Crack the word, one row at a time
Buzzword
Create words using the given letters
Mini Sudoku
Tiny puzzle, mighty brain teaser
Mini Crossword
Small grid, big challenge
Word Search
Spot as many words as you can
Applicants will undergo a soft credit check by Klarna that will not affect their credit score, Apple said. Customers can reduce monthly payments by trading in an existing device and earn 3 per cent cash back when paying with an Apple Card.
At the end of the lease, customers can return the device, buy it through a one-time payment or upgrade to a newer model.
Existing members of Apple’s iPhone Upgrade Program will be able to move to the new leasing plan when eligible, use Apple Card monthly installments, seek carrier financing or buy a device outright.
The program is available through Apple’s website, app and U.S. retail stores.
Source: Reuters
Sign up for our newsletters
Get the CNA app
Stay updated with notifications for breaking news and our best stories
Get WhatsApp alerts
Join our channel for the top reads for the day on your preferred chat app
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST
Tap here to return to FAST
FAST
About The Author
