Is leasing an iPhone right for you? How Apple's Upgrade Program works and who it's for

Follow ZDNET: Add us as a preferred source on Google. The Apple Upgrade Program lets you lease devices through Klarna for 24 or 36 months. The device isn't yours to keep at the end of the term, unless you pay an additional fee. The program benefits serial upgraders rather than people trying to save money. Whether you've gotten a new phone through your mobile service carrier or directly from the manufacturer, you've probably heard about or even used a payment plan for it. The Apple Upgrade Program is an example of one company's attempt to make it easier for you to get a new phone, but how good a deal is it, really? Also: Can you guess Apple's next move? Last chance to win big in ZDNET's Big Guessing Game I'll break down how the new Apple Upgrade Program works, how it compares to the older version, and when it makes sense (and…