Apple partners with Klarna for product leasing

Apple has launched a new lease program called Apple Upgrade, allowing customers in the U.S. to lease selected iPhone, iPad, Mac, and Apple Watch devices with options for 12 to 36 months. Customers can trade in their current device to reduce monthly payments, with the choice to upgrade, purchase, or return the device at the end of the lease. The program replaces Apple's previous iPhone Upgrade and iPhone Payments plans and is structured as a lease rather than a traditional buy-now-pay-later arrangement.

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