Why it's trending
Apple officially launched the Apple Upgrade leasing program on July 28, 2026, including Macs for the first time at a monthly price of $24.99. This represents a major shift in how consumers can acquire Apple products, making high-end devices like Macs more accessible via subscription-like payments, sparking widespread interest and search queries about 'Mac leasing' and 'Apple Upgrade'.
Apple announced on July 28, 2026, the launch of Apple Upgrade, a device leasing program in partnership with Klarna, available in the United States. The program covers iPhones, Macs, iPads, and Apple Watches, with monthly payments starting as low as $17.99 for iPhone and $24.99 for Mac. According to CNN, the program replaces the older iPhone Upgrade Program and aims to make products feel more affordable amid rising electronics prices and longer device ownership cycles.
The program offers flexible lease terms: 12 or 24 months for iPhone and Apple Watch, and 24 or 36 months for Mac and iPad. The Globe and Mail reports that customers can reduce payments by trading in an existing device and earn 3% Daily Cash back when paying with an Apple Card. A soft credit check by Klarna will not affect credit scores. At lease end, customers can return the device, purchase it outright, or upgrade to a newer model. Apple’s cheaper products like the iPhone 16, MacBook Neo, base iPad, and Apple Watch SE are not included, per CNN.
The launch comes as analysts note that most Americans keep their phones for 22 months on average, and Apple recently raised prices on some devices due to a memory shortage. Karen Rasmussen, Apple’s vice president of Apple Store online, stated, 'We’re thrilled that Apple Upgrade offers our customers a more flexible way to pay for the products they love.' The program is available through Apple's website, app, and U.S. retail stores.
By positioning Apple devices as a monthly subscription rather than a large upfront purchase, the program could shift consumer behavior and increase device turnover. Analysts expect Apple's next iPhones to cost more, making leasing an attractive option. The success of Apple Upgrade may influence other tech companies to offer similar leasing models.
Timeline
- Apple Upgrade Leasing Program Launches
Apple officially launches Apple Upgrade in the United States, offering leasing options for iPhones, Macs, iPads, and Apple Watches through Klarna. The program replaces the iPhone Upgrade Program and iPhone Payments. (Source: CNN, The Globe and Mail, Apple Newsroom)
Questions people ask
Can I lease a Mac through Apple Upgrade?
Yes, Macs are available under 24- or 36-month lease terms, with monthly payments starting at $24.99. (Source: Apple Newsroom)
What happens at the end of the lease?
Customers can return the device, buy it with a one-time payment, or upgrade to a newer model. (Source: The Globe and Mail)
Does leasing require a credit check?
Yes, a soft credit check by Klarna is required, but it does not affect your credit score. (Source: Apple Newsroom)
Which devices are not included in the leasing program?
Cheaper products like the iPhone 16, MacBook Neo, base iPad, and Apple Watch SE are excluded. (Source: CNN)
Join the conversation 0
Comments are reviewed before publishing.