Apple is launching a new device leasing program called Apple Upgrade. This initiative aims to boost sales and offers lower monthly payments. Customers can switch to new models or retain devices after the leasing period. The program will support most iPhones, Macs, iPads, and Apple Watches. Apple plans to end existing iPhone payment plans to make way for this new service.

Apple Upgrade will let customers lease iPhones, Macs, iPads, and Apple Watches through Klarna, replacing the current iPhone Upgrade Program and financing.

July 21 : Apple is launching a device leasing program called 'Apple Upgrade' on July 28 in the U.S. to boost sales, Bloomberg News reported on Tuesday, citing people with…

Apple is reportedly launching the Apple Upgrade leasing programme with Klarna, allowing customers to lease and upgrade iPhones, Macs, iPads and more.