---
title: "Apple’s rumored ‘Upgrade’ program brings lease-to-own pricing for iPhones, Macs, and iPads"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293370662.md"
description: "Apple is reportedly launching an 'Apple Upgrade' program, a lease-to-own service for iPhones, Macs, iPads, and Apple Watches. Backed by Klarna, the program functions like a car lease, allowing users to upgrade early or return devices at term's end. It requires a soft credit check and is scheduled to launch on July 28th, replacing existing iPhone financing options."
datetime: "2026-07-21T17:15:50.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293370662.md)
  - [en](https://longbridge.com/en/news/293370662.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293370662.md)
---

# Apple’s rumored ‘Upgrade’ program brings lease-to-own pricing for iPhones, Macs, and iPads

As component and RAM shortages drive prices higher, Apple is reportedly launching an "Apple Upgrade" program for leasing new devices. According to _Bloomberg_'s Mark Gurman, it will work similar to a car lease, with options to upgrade to a new device early, or keep or return the device at the end of the lease. Gurman says Klarna will be Apple's financial backer for the new program, which will require a soft credit check to sign up.

Apple Upgrade is reportedly slated to launch on July 28th, replacing the current iPhone Upgrade Program and standard financing for new iPhones with a program available for most new iPhone, Mac, iPad, and Apple Watc …

Read the full story at The Verge.

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