What’s the catch with the Apple Upgrade program?

Apple's Upgrade program allows customers to lease select devices with low monthly payments, potentially saving hundreds of dollars over the course of a one- to three-year lease. The program promises that customers will not pay more than the full price of the device, making it seem like an attractive deal. However, the value of the program depends on how it is used, with diligent users able to make the most of the monthly payments and device swaps. Overall, the program's benefits are contingent upon the customer's usage and upgrade habits.

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