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Apple is launching Apple Upgrade, a lease-to-own program with Klarna, on July 28. Leases for iPhones and Apple Watches run up to 24 months; Macs and iPads up to 36 months. Some transactions incur an additional fee. Apple will stop new sign-ups for the existing iPhone Upgrade program. Certain devices like Apple Watch SE, entry-level iPad, iPhone 16, and MacBook Neo are excluded.
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