Apple started leasing its devices, with Klarna
Apple Upgrade, launched in July 2026, replaced the iPhone Upgrade Program and extended leasing to the Mac, iPad and Apple Watch.
Kivorent News desk, published , 1 min read
12–36 mo.lease lengths under Apple Upgrade
This is a look back at an event from . We wrote it on November 11, 2026, from the sources listed at the end.
Apple launched a leasing program called Apple Upgrade in the United States on July 28, 2026. It is run with Klarna, the payments company, and it replaced both the iPhone Upgrade Program and iPhone Payments, MacRumors reported.
| Device | Lease length |
|---|---|
| iPhone and Apple Watch | 12 or 24 months |
| iPad and Mac | 24 or 36 months |
Why it mattered
The program arrived a month after Apple raised prices on most Macs and iPads. Spreading the cost over a lease softens a higher sticker price.
It also changes what a customer owns. A lease ends with the device going back, which keeps people on a regular replacement cycle and gives Apple a supply of used hardware.
Sources
- Top stories: Apple Upgrade launches, iOS 26.6 released, and more, MacRumors, August 1, 2026
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