Apple is preparing to launch a new iPhone upgrade program on July 28, with users leasing purchases from Klarna for 24 to 36 months.

Klarna on Apple Pay – Image credit: Klarna

Klarna on Apple Pay – Image credit: Klarna
Apple already provides consumers with ways to upgrade their devices while paying a monthly subscription. But it seems Apple is gearing up to introduce a new alternative to the iPhone Upgrade Program that covers more hardware.
Expected to launch on July 28, Apple Upgrade will be a leasing program backed by credit group Klarna. According to sources of Bloomberg, it will allow consumers to acquire not just iPhones, but select Macs, iPads, and Apple Watch models.