Apple Upgrade Program Launches July 28 With Klarna Leasing

Apple Upgrade Program Launches July 28 With Klarna Leasing

Apple’s New Hardware Lease Program Arrives July 28 — With One Big Catch Apple is preparing to launch "Apple Upgrade," a leasing program that marks one of the most significant changes to how the company sells hardware in over a decade . Set to go live in the U.S. on July 28, the program expands monthly payment options beyond iPhones to include Macs, iPads, and Apple Watches for the first time . But here's what Apple isn't telling you in the marketing copy: the new program drops the built-in AppleCare+ coverage that made the existing iPhone Upgrade Program a genuine safety net . If you break your leased iPhone, you're on your own unless you pay extra for protection separately. This trade-off — broader device eligibility in exchange for less comprehensive coverage — suggests Apple is prioritizing volume and recurring revenue over the all-in-one simplicity its previous program offered. What Exactly Is Apple Upgrade? Apple Upgrade is a lease-to-own program backed by Klarna, t…