#Klarna

You Won't Buy an iPhone Anymore, You'll Just Rent It: Apple Upgrade Program Cuts Monthly Payment to $17.99, But You'll Never Actually Own It

Apple is replacing the iPhone Upgrade Program with the new Apple Upgrade Program, partnering with Klarna to offer interest-free leasing. The monthly payment threshold drops and now covers iPad and Mac too, but finishing your payments no longer means you automatically own the device.