Apple Replaces iPhone Upgrade Program With "Apple Upgrade" Leasing Model

Apple launches "Apple Upgrade" on July 28, replacing the iPhone Upgrade Program. The new lease-style model covers iPhones, Macs, iPads, and Apple Watches. Customers pass a soft credit check, then choose at lease end: upgrade, keep, or return. iPhone and Watch terms run 24 months; Macs and iPads, 36. Klarna replaces Apple's traditional bank partners.