India, July 28 -- Apple Inc. (AAPL) on Tuesday launched Apple Upgrade, a new device leasing program in partnership with payment provider Klarna for iPhone, Apple Watch, Mac and iPad purchases in the United States.
The program is available online, through the Apple Store app and at Apple Store retail locations, offering 12- or 24-month leases for iPhone and Apple Watch, and 24- or 36-month leases for Mac and iPad.
Monthly lease prices start at $17.99 for iPhone, $11.99 for Apple Watch, $24.99 for Mac and $11.99 for iPad. Customers can reduce their monthly payments by trading in an eligible device through Apple Trade In and can earn 3% Daily Cash back on lease payments made with Apple Card.
At the end of the lease term, customers can upgra...