Apple to Launch ‘Upgrade’ Device Leasing Program With Klarna to Spur Sales
Apple is reportedly partnering with Klarna to launch 'Upgrade,' a device leasing program designed to drive sales across its hardware lineup.
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The brief
Apple plans to introduce a leasing program called 'Upgrade' available for iPhones, Macs, and iPads. According to Bloomberg, the initiative involves a partnership with Klarna and utilizes a lease-to-own pricing model to encourage more consumers to purchase devices.
Coverage from Reuters, The Verge, and Gizmodo emphasizes the program's goal of spurring sales, with Gizmodo noting the potential for leasing to address Mac RAM pricing. Concurrently, 9to5Mac reports that Apple is winding down its existing iPhone Upgrade Program.
Future developments depend on the formal rollout of the lease-to-own structure and the transition away from the previous iPhone Upgrade Program.
Synthesized by Newsylist from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 1h ago.
Quick answers
Which devices are included in the 'Upgrade' program?
The program is rumored to cover iPhones, Macs, and iPads.
Who is Apple partnering with for this initiative?
Apple is partnering with Klarna.
What is happening to the existing iPhone Upgrade Program?
Reports indicate that Apple is winding down the current iPhone Upgrade Program.
Coverage (8)
- Apple to launch 'Upgrade' device leasing program to spur sales, Bloomberg News reports Yahoo Finance · 6h ago
- Apple May Unveil A New Device Subscription Service As Soon As Next Week Engadget · 6h ago
- Apple teams up with Klarna to launch a lease-to-own program for iPhones, iPads, and Macs TechCrunch · 6h ago
- Apple to launch 'Upgrade' device leasing program to spur sales, Bloomberg News reports Reuters · 6h ago
- Apple winding down iPhone Upgrade Program: report 9to5Mac · 6h ago
- Apple Plans to Defeat RAM Prices by Letting You Lease a Mac Gizmodo · 6h ago
- Apple’s rumored ‘Upgrade’ program brings lease-to-own pricing for iPhones, Macs, and iPads The Verge · 6h ago
- Apple to Launch ‘Upgrade’ Device Leasing Program With Klarna to Spur Sales Bloomberg.com · 6h ago broke it first
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