Apple introduces Apple Upgrade program

Apple has launched the "Apple Upgrade" program, which allows users to rent iPhones, Macs, iPads, and smartwatches for a monthly fee, with options to upgrade or make a final purchase after the contract ends. Prices start from $12 per month for various devices, and the contract typically lasts 24 or 36 months. Users can upgrade or return the device at the end of the period. The program aims to make owning Apple products easier amid rising prices caused by component shortages. It includes more than just the iPhone, offering multiple products, and serves as an alternative to previous installment and upgrade plans.

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