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Apple to Launch ‘Upgrade’ Device Leasing Program With Klarna to Spur Sales

Apple is reportedly partnering with Klarna to launch a device leasing program intended to drive sales of iPhones and Macs.

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The brief

Apple is set to introduce the 'Apple Upgrade' program, which will allow users to lease iPhones and Mac computers. According to reports, the initiative is designed to spur sales and is expected to launch next week.

Coverage from Bloomberg, AppleInsider, and MacRumors emphasizes the partnership with Klarna. Simultaneously, 9to5Mac reports that Apple is winding down its existing iPhone Upgrade Program.

Market reaction has already begun, with Seeking Alpha noting that Klarna shares traded up following the report of the partnership.

Synthesized by Archynetys from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 1h ago.

Quick answers

What devices will be available under the new program?

The program will let users lease iPhones and Macs.

Who is Apple partnering with for this initiative?

Apple is partnering with Klarna.

When is the program expected to launch?

Reports indicate the program is launching next week.

Coverage (5)

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