Apple rolls out Apple Upgrade leasing service, ending iPhone Upgrade Program

Apple rolls out Apple Upgrade leasing service, ending iPhone Upgrade Program

Apple launched the Apple Upgrade leasing program in the United States on July 28, 2026, allowing customers to lease iPhones, Macs, iPads and Apple Watches for 12-36 months with monthly payments starting at $17. 99 and the option to purchase, return or upgrade the device at lease end. The service, offered through buy-now-pay-later provider Klarna, includes optional AppleCare and does not restrict app access for users who stay current on payments.

The launch followed Apple’s late-June announcement that it would cease new enrollments in its iPhone Upgrade Program and standard financing, planning to replace them with a leasing option. Early reports noted that the new service could limit app access for customers who fell behind on payments and that the rollout coincided with other price adjustments, such as an increase to the Apple Music subscription. Existing participants were allowed to remain enrolled temporarily.

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Apple Bloomberg

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Cupertino, California, United States

Articles

July 30, 2026
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Apple launches leasing program as iPhone Upgrade Program ends
Apple launches leasing program as iPhone Upgrade Program ends

9to5Mac • 30 Jul 15:08

Apple introduced a new leasing service called Apple Upgrade, replacing the discontinued iPhone Upgrade Program, with lower monthly payments but optional AppleCare and a broader device range.

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July 29, 2026
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Apple launches Upgrade program offering lease options for iPhone, iPad, Mac and Watch
Apple launches Upgrade program offering lease options for iPhone, iPad, Mac and Watch

The Verge • 29 Jul 18:40

Apple's new Upgrade program lets customers lease selected devices for a fixed monthly fee, with options to purchase, return, or upgrade at lease end, but users must meet payment obligations and may face additional costs.

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Apple Introduces Upgrade Leasing Program for iPhone, iPad, Mac and Watch
Apple Introduces Upgrade Leasing Program for iPhone, iPad, Mac and Watch

9to5Mac • 29 Jul 14:49

Apple's new Upgrade leasing service lets customers rent devices for 12 to 36 months with the option to purchase at the original list price after the lease term.

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July 28, 2026
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Apple and Klarna introduce leasing program for iPhone, iPad, Mac and Watch
Apple and Klarna introduce leasing program for iPhone, iPad, Mac and Watch

Fox Business • 28 Jul 17:58

Apple and BNPL provider Klarna have launched Apple Upgrade, a leasing service in the United States that lets customers lease eligible Apple devices for 12 to 36 months.

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Apple launches leasing program for iPhone, iPad, Mac and Watch
Apple launches leasing program for iPhone, iPad, Mac and Watch

CNET • 28 Jul 13:43

Apple introduced an upgrade program that lets U.S. customers lease its devices with monthly payments, offering 12- to 36-month terms and the option to trade in existing hardware.

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Apple introduces Apple Upgrade leasing program, replacing iPhone Upgrade Program
Apple introduces Apple Upgrade leasing program, replacing iPhone Upgrade Program

MacRumors • 28 Jul 12:20

Apple has launched Apple Upgrade, a U.S. leasing service for iPhone, iPad, Mac and Apple Watch in partnership with Klarna, ending the existing iPhone Upgrade Program.

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Apple launches Upgrade leasing program for iPhone, Mac, iPad and Watch in the U.S.
Apple launches Upgrade leasing program for iPhone, Mac, iPad and Watch in the U.S.

9to5Mac • 28 Jul 12:20

Apple introduced a lease-to-own service called Apple Upgrade, allowing U.S. customers to lease iPhones, Macs, iPads and Apple Watches with flexible terms and the option to upgrade, purchase or return the device at lease end.

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Apple launches monthly iPhone lease program with Klarna
Apple launches monthly iPhone lease program with Klarna

CNBC • 28 Jul 12:18

Apple announced a lease option for iPhones and other devices in the United States, starting at $17.99 a month, in partnership with buy-now-pay-later provider Klarna.

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July 27, 2026
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Apple launches lease-to-own Upgrade program for iPhone, Mac and other devices
Apple launches lease-to-own Upgrade program for iPhone, Mac and other devices

AppleInsider • 27 Jul 17:25

Apple introduced a new Upgrade program that allows customers to lease iPhones, Macs and other products with the option to return, upgrade or keep the device, using monthly payments facilitated by Klarna.

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July 26, 2026
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Apple to launch new leasing program with Klarna on July 28
Apple to launch new leasing program with Klarna on July 28

MacRumors • 26 Jul 15:20

Apple will debut an "Apple Upgrade" leasing service on July 28, ending new sign-ups for its iPhone Upgrade Program the same day, while existing participants can remain enrolled temporarily.

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July 25, 2026
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Apple to debut leasing program and raise Apple Music subscription fee
Apple to debut leasing program and raise Apple Music subscription fee

MacRumors • 25 Jul 13:00

Apple announced a new device leasing service with Klarna launching on July 28 and increased the monthly price of Apple Music to $11.99, alongside other price adjustments and upcoming product updates.

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July 24, 2026
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Apple and Klarna to launch "Apple Upgrade" leasing program in the United States
Apple and Klarna to launch "Apple Upgrade" leasing program in the United States

MacRumors • 24 Jul 16:54

Apple and buy-now-pay-later provider Klarna will introduce a leasing service on July 28 that lets U.S. customers finance most iPhone, iPad, Mac and Apple Watch models for 24 or 36 months.

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July 23, 2026
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Apple to debut leasing program with remote app restrictions for missed payments
Apple to debut leasing program with remote app restrictions for missed payments

Newser • 23 Jul 18:26

Apple plans to launch a device-leasing service called Apple Upgrade, which could limit access to most apps if users fall behind on payments.

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July 21, 2026
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Apple to End Current iPhone Upgrade Program Ahead of New Leasing Service
Apple to End Current iPhone Upgrade Program Ahead of New Leasing Service

9to5Mac • 21 Jul 15:55

Apple plans to stop new enrollments in its existing iPhone Upgrade Program and standard financing as it prepares to launch a new "Apple Upgrade" leasing option with Klarna on July 28.

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