Apple Upgrade Leaked: Why Apple May Be Ditching Its iPhone Financing Model For A Lease-To-Own PlanApple is set to unveil its innovative device leasing initiative, Apple Upgrade, in the U.S. market. This program lets consumers lease a variety of Apple products, including iPhones, iPads, Macs, and Apple Watches, with flexible lease durations. iPhones and Apple Watches will have a twenty-four month lease, while Macs and iPads extend to thirty-six months. The aim is to enhance accessibility to premium devices for a broader audience.Apple is reportedly preparing to launch a new device leasing programme called 'Apple Upgrade' in the United States on July 28, 2026, according to a Bloomberg report, which would let customers lease iPhones, iPads, Macs, and Apple Watches for a fixed term instead of buying them outright or financing them through Apple's existing monthly instalment plan. Apple and its reported financing partner, the Swedish fintech firm Klarna, have not confirmed the programme, so every detail below should be read as a leak rather than an announcement. Here's what is reportedly changing and why the timing matters.What Apple Upgrade Is Said To ReplaceAbout The AuthorAshna is a content writer who focuses on making everyday choices easier and smarter. With a strong eye for detail and a natural sense of what works in real life, she creates content that feels honest, relatable, and genuinely helpful. She is a geek for writing stories around fashion, beauty, and influential products, while bringing the same depth and detail in reviewing tech products and gadgets of day-to-day use.