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MacRumors
'Apple Upgrade' Program Launching on Tuesday
On July 27, Apple will launch a new upgrade program that allows customers to lease a range of devices including iPhones, iPads, and Macs through a partnership with Klarna. This program offers 24-month leasing for iPhones and Apple Watches, and 36-month for iPads and Macs, highlighting flexibility with options to upgrade, return, or keep the device after the lease term. However, certain lower-priced models will be excluded from this offer. Notably, the upgrade program will not bundle AppleCare+ coverage like its predecessor, the iPhone Upgrade Program.
MonitorConfidence: MediumImmediate horizon
Published 26 Jul 2026, 15:45 UTC1 min read
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Summary
TL;DR
- Apple partners with Klarna for new upgrade program
- Lease options available for most iPhone, iPad, Mac, and Apple Watch models
- 24-month terms for iPhones and Apple Watches, 36-month for iPads and Macs
- Options to return, upgrade, or keep the device after term
- Lower-priced devices not eligible for the program
- No AppleCare+ coverage included in monthly payments
Interesting facts
- This upgrade program introduces a buy-now, pay-later option for Apple products
- Not all devices will be included, limiting consumer choice for budget models