Apple's new Upgrade Program allows monthly leasing for various devices. Customers can now lease iPhones, iPads, Macs, and Apple Watches. This program offers flexibility to upgrade hardware after meeting specific requirements. Missing payments will not restrict device functionality, but may incur financial consequences. The initiative aims to lower initial costs and foster long-term customer relationships.

Apple is reportedly preparing a new Upgrade programme that could let users lease iPhones, Macs and iPads instead of buying them outright. | Technology News

Apple's Apple Upgrade program is set to debut in the U.S