Apple is launching a new lease program with Klarna for cheaper iPhone & Mac upgrades. Here is how Apple Upgrade works.

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

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