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Apple plans to launch Apple Upgrade, a Klarna-backed leasing program for most iPhones, iPads, Macs, and Apple Watches, on July 28 in the US. The program functions like a car lease with 24-month terms for iPhones and Apple Watches and 36-month terms for Macs and iPads. AppleCare is not included, and customers who return the device at lease end pay only for temporary use.
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