Apple Launches Klarna-Powered Hardware Leasing Program
On Tuesday, Apple (AAPL) introduced a new hardware leasing program called 'Apple Upgrade,' powered by Klarna (KLAR). The service is available in the U.S. for eligible iPhone, Apple Watch, Mac, and iPad devices. Monthly lease payments start at $17.99 for an iPhone, with other device options priced accordingly. The partnership marks a strategic move to make its products more accessible by offering flexible payment plans through Klarna's buy-now-pay-later platform. This initiative could expand Apple’s customer base while enhancing consumer spending power and potentially boosting sales volume over time.
