'Apple Upgrade' Program Reportedly Launching Next Week

Apple and Klarna are partnering on a new "Apple Upgrade" program set to launch in the U.S. on Tuesday, July 28, according to Bloomberg's Mark Gurman. The program will allow you to finance most iPhone, iPad, Mac, and Apple Watch models, with a 24-month term for iPhones and Apple Watches and a 36-month term for iPads and Macs. Customers will be able to pay off the device early during the term, upgrade early to a newer device, or keep the existing device after it is fully paid off. The report said some lower-priced devices, including the Apple Watch SE, the entry-level iPad, the iPhone 16, and the MacBook Neo, will not be eligible. Apple plans to stop accepting new iPhone Upgrade Program sign-ups once the new Apple Upgrade program launches, the report added. Unlike the iPhone Upgrade Program, however, Apple Upgrade will apparently not include AppleCare+ coverage. Popular StoriesApple Watch Ultra 4 Expected Later This YearApple will unveil the Apple Watch Ultra 4 alongside an Apple Watch Series 12 later this year, according to Bloomberg's Mark Gurman. Writing in his latest Power On newsletter, Gurman plotted out Apple's product roadmap for the rest of the year, including the Phone 18 Pro, Pro Max, and the company's first foldable iPhone. "That flurry of devices should also include an Apple Watch Series 12 and ...Apple's OLED 'MacBook Ultra' Will Stick With M5 Pro and M5 Max ChipsApple's upcoming high-end MacBook model featuring an OLED touchscreen display will use the company's current M5 Pro and M5 Max chips, according to Bloomberg's Mark Gurman. The new, top-of-the-line device will launch "between late this year and early next year," Gurman said, adopting the existing high-end Apple silicon chips rather than next-generation M6 versions. Like the MacBook Pro, the...Mac Studio M7 Ultra Expected in 2028 With Better CoolingThe next major Mac Studio update is still a couple of years away, but a refresh for 2026 is still in the cards, according to Bloomberg's Mark Gurman. Writing in the latest edition of his Power On newsletter, Gurman said Apple has two Mac Studio refreshes in the pipeline: an M5 Ultra version due this year, and a more significant M7 Ultra model expected in 2028. Apple appears set to skip...