Business · 2h ago
Apple to Launch Device Leasing Program with Klarna
Apple is reportedly partnering with Klarna to offer a leasing program called Apple Upgrade for iPhones, iPads, Macs, and Apple Watches in the US. The program would let customers pay monthly for devices and upgrade annually. This move could boost Apple's recurring revenue and device lock-in.
Meridian48 take
The Klarna partnership signals Apple's push into buy-now-pay-later for hardware, but the real play is locking users into annual upgrade cycles.
Read the full reporting
Apple Reportedly Launching ‘Apple Upgrade’ Leasing Program With Klarna →
TechRepublic
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