Technology

Apple Launches 'Upgrade' Leasing Program for Devices

News1819h
THE BRIEF
1

Apple is launching its 'Upgrade' leasing program this week, allowing customers to rent iPhones, Macs, and iPads instead of purchasing them outright.

2

The program, facilitated through Klarna, aims to spur sales by lowering the entry barrier for high-end devices like the upcoming iPhone 18 Pro series.

3

Industry analysts are monitoring whether this subscription-based model will successfully convince consumers to pay higher premiums for Apple's latest hardware.