Apple is rolling out a new way for U.S. customers to get an iPhone through monthly payments, with lease pricing set to begin at $17.99 per month. The company said the option will let users lease a device for as long as two years.
The offering is tied to Apple's Upgrade program and is being introduced through a partnership with Klarna, according to the report. The move adds another financing-style path for shoppers who want a lower upfront cost when buying a new iPhone.
The announcement comes only weeks after Apple raised prices on some iPad and Mac models, a change linked to the global memory shortage. That timing suggests the company is adjusting how it sells hardware as supply pressures continue to affect costs.
For buyers, the new lease plan could make iPhones more accessible by spreading payments over a longer period. It also gives Apple another option to keep customers within its upgrade ecosystem while demand for premium devices remains strong.
