--- title: Apple is launching a Klarna-backed device leasing... description: Apple is launching Apple Upgrade on July 28, a Klarna-backed device leasing program that replaces its existing iPhone Upgrade Program and standard financing.... canonical: https://daily.dev/posts/apple-is-launching-a-klarna-backed-device-leasing-program-called-apple-upgrade-on-july-28-th3lo6fl8 twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Apple is launching a Klarna-backed device leasing program called Apple Upgrade on July 28 | daily.dev og:description: Apple is launching Apple Upgrade on July 28, a Klarna-backed device leasing program that replaces its existing iPhone Upgrade Program and standard financing.... og:url: https://daily.dev/posts/apple-is-launching-a-klarna-backed-device-leasing-program-called-apple-upgrade-on-july-28-th3lo6fl8 og:image: https://api.daily.dev/og/posts/th3Lo6fL8.png og:image:alt: Apple is launching a Klarna-backed device leasing program called Apple Upgrade on July 28 og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Apple is launching a Klarna-backed device leasing program called Apple Upgrade on July 28 **[The Next Web](https://daily.dev/sources/tnw)** · 3 min read · 0 upvotes · 0 comments ## Summary Apple is launching Apple Upgrade on July 28, a Klarna-backed device leasing program that replaces its existing iPhone Upgrade Program and standard financing. Customers can lease iPhones, Macs, iPads, and Apple Watches on 24- or 36-month terms, with options to pay off early, upgrade, or return devices. The program requires a soft credit check and does not include AppleCare. Certain models — including the iPhone 16, Apple Watch SE, and entry-level iPad — are excluded, as are business and education purchases. The launch follows significant Apple price increases driven by a global memory chip shortage, and Apple frames the monthly payment model as a way to reduce upfront sticker shock. For Klarna, whose stock has declined since its 2025 IPO, the partnership is a major distribution win — shares jumped 11% on the news. Apple had previously attempted to build an in-house hardware subscription service but abandoned it in late 2024 due to software and regulatory issues. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [Apple becomes a debt collector with its new developer agreement](https://daily.dev/posts/apple-becomes-a-debt-collector-with-its-new-developer-agreement-4n27ilcnu) · TechCrunch · 0 upvotes · 0 comments --- Tags: [#apple](https://daily.dev/tags/apple) [View this post on daily.dev](https://daily.dev/posts/apple-is-launching-a-klarna-backed-device-leasing-program-called-apple-upgrade-on-july-28-th3lo6fl8) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Apple is launching a Klarna-backed device leasing program called Apple Upgrade on July 28","url":"https://daily.dev/posts/apple-is-launching-a-klarna-backed-device-leasing-program-called-apple-upgrade-on-july-28-th3lo6fl8","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/apple-is-launching-a-klarna-backed-device-leasing-program-called-apple-upgrade-on-july-28-th3lo6fl8"},"datePublished":"2026-07-21T16:38:45.592Z","dateModified":"2026-07-28T13:53:18.625Z","description":"Apple is launching Apple Upgrade on July 28, a Klarna-backed device leasing program that replaces its existing iPhone Upgrade Program and standard financing....","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/21191165fbde7f47043c709df630b87d?_a=AQAEuop","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/21191165fbde7f47043c709df630b87d?_a=AQAEuop","isAccessibleForFree":true,"articleSection":"The Next Web","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"The Next Web","logo":"https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/tnw","url":"https://daily.dev/sources/tnw"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/apple-is-launching-a-klarna-backed-device-leasing-program-called-apple-upgrade-on-july-28-th3lo6fl8","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":0},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"apple","timeRequired":"PT3M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"The Next Web","item":"https://daily.dev/sources/tnw"},{"@type":"ListItem","position":3,"name":"Apple is launching a Klarna-backed device leasing program called Apple Upgrade on July 28"}]} ```