Code found in the iOS 27 beta suggests Apple has built a system that could restrict leased devices when customers fall behind on payments. Here are the details.
A bit of context
Earlier today, Bloomberg reported that Apple may soon debut a new “Apple Upgrade” leasing program in the US, allowing customers to make lower monthly payments for hardware purchases.
According to the report, Apple is partnering with Klarna to finance the program, which would cover most iPhone, Mac, iPad, and Apple Watch models. Leases for iPhones and Apple Watches would reportedly run for 24 months, while Mac and iPad leases would last 36 months.
Bloomberg says customers would be able to pay off their device or upgrade to a new model before the lease ends, potentially for an additional fee. At the end of the term, they could either keep the device or return it, much like a car lease.
