technology

Apple launches ‘Upgrade’ device leasing program in partnership with Klarna

TechCrunch·July 28, 2026

Apple has launched a device leasing program called "Upgrade" in partnership with Klarna, allowing customers to lease devices. The program's rollout comes at a time when Apple is facing supply chain issues due to a global shortage of memory chips, known as "RAMageddon". This shortage is driving up hardware prices and affecting the tech industry as a whole. Apple's leasing program aims to provide customers with more affordable options amidst the current market challenges.

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