Apple on Tuesday launched a device leasing program in the U.S. through payments firm Klarna, offering customers monthly plans for iPhones, Macs, iPads and Apple Watches. The program, called Apple Upgrade, expands the technology giant's payment options and replaces its existing iPhone Upgrade Program and iPhone Payments offering in the country. Customers can lease iPhones and Apple Watches for 12 or 24 months, while Macs and iPads are available under 24- or 36-month plans, Apple said.
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Leasing could change how the iPhone maker's biggest revenue line behaves.
A new program called Apple Upgrade launches July 28, replacing the company's own financing plans with a Klarna-backed lease.
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The new leasing program is a big change for the hardware company, and comes as it looks to raise prices on many of its products.
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The program would let customers lease iPhones, Macs, iPads and Apple Watches through monthly payments, with options to upgrade, buy out or return devices at the end of the term.
Investing.com -- Klarna shares jumped 9% Tuesday after Bloomberg reported that Apple Inc. (NASDAQ:AAPL) will partner with the Swedish fintech company for a new device leasing program called Apple Upgrade.
Apple is launching a device leasing program called 'Apple Upgrade' on July 28 in the U.S. to boost sales, Bloomberg News reported on Tuesday, citing people with knowledge of the matter. The new service arrives as Apple has raised prices on its iPads, MacBooks and other devices except the iPhone, no longer able to shield customers from surging memory and storage chip costs driven by the AI industry's data-center buildout. Apple Upgrade will support most iPhone, Mac, iPad and Apple Watch models and the company is partnering with Klarna Group as the financial backer for the program, the report said.
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In early July 2026, Air Premia announced an interline partnership with Southwest Airlines and Klarna Group plc revealed a long-term payment collaboration with Southwest, enabling Korean travelers to access over 120 Southwest destinations and U.S. customers to use flexible payment options such as installments and financing when booking flights. Together, these agreements extend Southwest’s reach into East Asia while broadening its payment ecosystem, potentially deepening customer engagement...
Southwest Airlines (LUV) has been in focus after Air Premia introduced an interline partnership that links Korean travelers to more than 120 Southwest destinations, which highlights fresh demand and network reach for the carrier’s stock. See our latest analysis for Southwest Airlines. The interline deal with Air Premia and the new Klarna payment options arrive while Southwest Airlines trades at US$48.08, with a 30 day share price return of 3.04% and a 1 year total shareholder return of...
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Jabil, CECO Environmental and Klarna stand out for accelerating earnings growth, highlighting momentum that could support stocks in the second half of 2026.
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Jabil, CECO and Klarna have been highlighted in this Screen of The Week article.
Jabil, CECO and Klarna made a tight earnings-acceleration screen, highlighting rising EPS growth trends that could signal further stock upside.
The proposed transaction could free up capital as Klarna expands banking products and targets faster U.S. growth.
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Klarna Group (NYSE:KLAR) is in focus after a series of travel partnerships and a US banking application that together reshape how its stock might be viewed across payments, credit and broader financial services exposure. See our latest analysis for Klarna Group. These travel partnerships and the US banking application arrive as Klarna Group’s 30 day share price return sits at 14.98% and its 90 day share price return at 45.27%, despite a year to date share price decline of 33.39%. This...
In early July 2026, Flix SE and Southwest Airlines Co. each announced expanded partnerships with Klarna Group, embedding Klarna’s flexible pay-in-full, installment, and financing options into their booking platforms across the U.S. and 21 international markets while removing foreign exchange fees for many cross-border journeys. Together with Klarna’s recent application to establish Klarna Bank USA as an FDIC-insured Utah industrial bank, these moves highlight the company’s push to integrate...
Buy now, pay later borrowers are set to gain stronger rights and clearer information when they access short-term lending.
Financial stocks were falling premarket Wednesday, with the State Street Financial Select Sector SPD
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The Swedish BNPL outfit is seeking approval to launch Klarna Bank USA as a Utah-chartered industrial bank.
The Swedish buy now, pay later player aims to shake up financial services, linking with Southwest Air and seeking a bank license this week.
The fintech giant has applied for a U.S. banking charter, paving the way for checking accounts, loans, and other financial services under its own name.