Apple Discontinues iPhone Upgrade Program

Apple has announced it will discontinue its iPhone Upgrade program, a service that allowed customers to upgrade their devices on a monthly payment plan. The company is replacing this with the Apple Upgrade program, which offers leasing options for iPhones, Macs, iPads, and Apple Watches. Alternatively, users can finance new purchases through monthly installments via the Apple Card. Customers currently enrolled in the iPhone Upgrade Program have two choices: continue making payments until their device is fully paid off or transition to one of the newer financing models offered by Apple. The change reflects a shift toward more flexible and varied payment options for consumers, aligning with broader trends in digital product ownership.

By Emma Roth · The Verge ·

Apple Discontinues iPhone Upgrade Program

Tickers: $AAPL

Topics: Apple iPhone Upgrade Program Product Financing

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