Apple teams up with Klarna to launch a lease-to-own program for iPhones, iPads, and Macs
The new leasing program is a big change for the hardware company, and comes as it looks to raise prices on many of its products.
AI Summary
Apple is launching a new lease-to-own program called Apple Upgrade in partnership with Klarna, allowing customers to pay for iPhones, iPads, Macs, and Apple Watches over multi-year terms with options to keep, return, or upgrade devices. The move comes as Apple raises prices on many products due to supply chain issues and memory chip shortages, making the program a strategy to ease those costs for consumers.