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You can lease an iPhone through Klarna now - but should you? I did the math

Apple Upgrade allows customers to lease their devices ahead of a future upgrade -- but does it make sense for you?
Follow ZDNET: Add us as a preferred source on Google. Apple officially launched its new Apple Upgrade leasing program. Customers can lease iPhones, Watches, iPads, and Macs. Apple Upgrade is best for those who like to upgrade their iPhone annually. Apple Upgrade, the company's new device leasing program, allows customers to lease devices through the buy-now, pay-later giant Klarna for 12-, 24-, or 36-month periods before upgrading. Apple Upgrade replaces the iPhone Upgrade Program, a 24-month financing plan, and lets customers forgo bundled AppleCare and complete only a soft credit check to determine lease eligibility. Instead of paying off a device you own, the new program allows customers to lease iPads, Macs, and Apple Watches. Now, you have several options to buy new gear…
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