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Apple launches lease-to-own program with Klarna for iPhones, iPads, Macs, and Watches

Market News
21 Jul 2026
TechCrunch
View Source
Bullish
Apple launches lease-to-own program with Klarna for iPhones, iPads, Macs, and Watches

Apple is partnering with Klarna to introduce Apple Upgrade, a lease-to-own program launching July 28. It allows customers to pay for Apple devices like iPhones, iPads, Macs, and Watches over 24 to 36 months, with options to keep, return, or upgrade devices. This move aims to ease the impact of rising hardware prices due to chip shortages. Apple will phase out its existing iPhone Upgrade program to focus on this broader offering, helping maintain sales amid supply challenges and company transitions.

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