Apple's 'Upgrade' Leasing Plan Feels Like a Trap
Ahead of its rumored foldable iPhone launch, Apple will reportedly unveil a leasing program next week in partnership with the financial tech company Klarna. Starting July 28, customers will be able to lease iPhones, iPads, Macs, and Apple Watches through monthly third-party payments. In other words, Apple has entered the "buy now, pay later" era.
- ▪Ahead of its rumored foldable iPhone launch, Apple will reportedly unveil a leasing program next week in partnership with the financial tech company Klarna.
- ▪Starting July 28, customers will be able to lease iPhones, iPads, Macs, and Apple Watches through monthly third-party payments.
- ▪In other words, Apple has entered the "buy now, pay later" era.
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| Original publisher | PCMag |
| Canonical URL | https://www.pcmag.com/news/apples-upgrade-leasing-plan-feels-like-a-trap |
| Publication time | Fri, 24 Jul 26 14:27:02 +0000 |
| Retrieval time | 2026-07-24T15:55:28.244Z |
| Last seen | 2026-07-24T15:55:28.244Z |
| Headline source | Publisher (no WeSearch rewrite) |
| Excerpt source | publisher body |
| Excerpt method | First ~120 words (~800 chars) of extracted publisher body, fair-use limited. |
| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | NPYCa3p1LMN0 |
| Cluster logic | Grouped by semantic title/content similarity across sources within a rolling window. Same-publisher template collisions are excluded from coverage comparison. |
| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
| Substitutes article? | No — link-out required for full text |
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| Indexing | May the item be indexed (stored, ranked, made findable)? | Allowed |
| Snippet | May a short excerpt of the publisher's text be shown? | Allowed |
| AI summary | May WeSearch generate its own short summary of the article? | Limited |
| Retrieval / RAG | May the content be exposed for third-party retrieval-augmented generation? | Not asserted |
| Model training | May the content be used to train AI models? | Not asserted |
| Commercial reuse | May the content be reused commercially? | Not permitted |
Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.
Opening excerpt (first ~120 words) tap to expand
Can't afford a new iPhone? Ahead of its rumored foldable iPhone launch, Apple will reportedly unveil a leasing program next week in partnership with the financial tech company Klarna. Starting July 28, customers will be able to lease iPhones, iPads, Macs, and Apple Watches through monthly third-party payments. In other words, Apple has entered the "buy now, pay later" era. And, to put it bluntly, I consider it bad for you, the consumer, and not a great look for the brand itself.The new program, reportedly called Apple Upgrade, uses a subscription model: you can lease an iPhone or Apple Watch for 24 months, or a Mac or iPad for 36 months.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at PCMag.
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