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Apple launches US device leasing program with Klarna
Klarna will run the plan, and monthly payments start at $17.99 for iPhones as Apple ends its in-house financing options.
- On Tuesday, Apple launched its new 'Apple Upgrade' leasing program in partnership with digital payment provider Klarna, offering monthly installments for iPhones, Apple Watches, iPads, and Macs in the United States.
- Apple discontinued its previous in-house financing programs as the manufacturer faces rising hardware costs and recently increased prices for Mac and iPad lineups by up to $300.
- Monthly lease terms range from 12 to 36 months, with payments starting at $11.99 for Apple Watches and iPads, $17.99 for iPhones, and $24.99 for Mac computers.
- Unlike previous offerings, AppleCare+ is not included in the new plan; customers must purchase it separately while managing their lease directly through the Klarna app.
- At the end of the lease term, customers can return the device, purchase it with a one-time payment, or upgrade to a newer model; if no action is taken, the lease converts to month-to-month for up to six months.
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Apple Upgrade lets you lease an iPhone from $17.99 a month
Apple has a new answer to the complaint that its products cost too much. Do not buy them. Lease them. On Tuesday the company launched Apple Upgrade in the US, a leasing programme run by the buy-now-pay-later firm Klarna. It covers the iPhone, Apple Watch, Mac and iPad, and it starts at $17.99 a month […] This story continues at The Next Web
·Amsterdam, Netherlands (Kingdom of the)
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Coverage Details
Total News Sources150
Leaning Left20Leaning Right14Center63Last UpdatedBias Distribution65% Center
Bias Distribution
- 65% of the sources are Center
65% Center
L 21%
C 65%
14%
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