News Summary

• Apple has officially announced Apple Upgrade, a new product leasing program available starting today in the United States.
• Apple Upgrade lets users lease iPhone, Apple Watch, Mac, and iPad purchases, with the option to easily upgrade at the end of the lease term.
• The program is backed by Klarna, which will manage payments and credit approvals on Apple’s behalf.
• You can choose to upgrade to a new device, buy your current device outright, or return your device and exit the program entirely.