Apple winding down iPhone Upgrade Program: report
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Apple winding down iPhone Upgrade Program: report

9to5Mac technology

Key Points:

  • Apple is set to launch a new "Apple Upgrade" leasing program next week, which will replace its existing iPhone Upgrade Program.
  • The current iPhone Upgrade Program allows users to make monthly payments with the option to upgrade after 12 months and includes AppleCare coverage, while the new Apple Upgrade program will not include AppleCare.
  • Apple will discontinue new enrollments for both the iPhone Upgrade Program and standard iPhone financing plans, as reported by Bloomberg's Mark Gurman.
  • The Apple Upgrade program, launching on July 28 in partnership with Klarna, offers a new leasing option but details on how it will affect existing iPhone Upgrade Program members remain unclear.

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