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Apple Upgrade Program replaces iPhone Upgrade Program with interest-free leases for Macs, iPads, and Watches

Apple's new Upgrade Program, in partnership with Klarna, replaces the iPhone Upgrade Program with interest-free leasing across iPhones, Macs, iPads, and Watches, starting at $17.99 per month.

WHY IT MATTERS

Engineers and consumers now have a leasing option that covers more than iPhones, with interest-free terms and lower entry costs. The trade-off is that leased devices are not owned at the end, and AppleCare is no longer included, so damage fees may apply. This changes the total cost of ownership and upgrade cycle for Apple hardware.

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The three things worth knowing

01

The Apple Upgrade Program replaces the iPhone Upgrade Program and is run through a partnership with Klarna.

02

Leasing is interest-free and covers iPhones, Macs, iPads, and Apple Watches, with terms from 12 to 36 months depending on product.

03

Monthly prices start at $17.99 for iPhones, but AppleCare is not included and returned damaged devices incur fees.

THE CLUSTER

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