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Fact-check summary

Bloomberg, 9to5Mac, Deadline and others corroborate Apple's Klarna-backed 'Apple Upgrade' leasing launch July 28 plus recent Apple Music price hikes to $11.99.

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Home/Tech/Apple Sets 'Upgrade' Leasing Launch and Subscription Price Increases
VERIFIEDBy Xavier Rivera·Saturday, July 25, 2026 at 9:44 AM AST·1.5 min read

Apple Sets 'Upgrade' Leasing Launch and Subscription Price Increases

Apple is preparing an "Apple Upgrade" leasing program with Klarna for a July 28 debut in the U.S. while lifting Apple Music and related subscription costs. The period also delivered iOS 27 beta 4, plans for roughly a dozen new Macs according to Bloomberg's Mark Gurman, and hands-on impressions of Samsung's Galaxy Z Fold8.

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Apple Sets 'Upgrade' Leasing Launch and Subscription Price Increases
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TL;DRAI · 60 sec read

Apple partners with Klarna to launch an "Apple Upgrade" leasing program next week for iPhones, iPads, Macs, and Watches. It replaces the existing upgrade program with flexible 24- or 36-month terms. Apple also raises Apple Music prices to $11.99 monthly and increases iPhone and iCloud costs in select markets. These changes affect how users finance devices and pay for services.

Apple is teaming up with Klarna for a fresh device financing initiative while also expanding price hikes to its services and select hardware markets. The developments capped off a week filled with the latest iOS 27 test builds, word of multiple upcoming Mac refreshes from Bloomberg's Mark Gurman, and previews of rival foldable designs.
Apple and Klarna are partnering on an "Apple Upgrade" leasing program reportedly launching next week.
Apple and Klarna are partnering on an "Apple Upgrade" leasing program reportedly launching next week. It will target most iPhone, iPad, Mac, and Apple Watch models, offering 24-month terms for iPhones and Apple Watches alongside 36-month terms for iPads and Macs. Buyers can settle balances ahead of schedule, switch to newer hardware early, or choose to keep or return devices once the agreement ends, as the existing iPhone Upgrade Program is phased out. Source: MacRumors ↗
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Apple Music subscription fees have now climbed to $11.99 following increases across every plan. Those adjustments flow through to Apple One package costs as well. The company separately lifted iPhone pricing in Japan by as much as 11 percent and raised iCloud+ rates in eight countries. Source: MacRumors ↗
The fourth iOS 27 beta adds fresh interface options, visual refinements, and references in code to hardware featuring multiple internal batteries.
Bloomberg's Mark Gurman indicates Apple intends to overhaul its entire Mac range over the next two years. The strategy arrives during a period of renewed demand, with sales projected to climb for a third consecutive year, partly thanks to a growing following among users who lean on the machines for demanding, agent-based AI workloads. Initial arrivals this fall include an updated entry-level 14-inch MacBook Pro together with the first new iMacs in two years. Source: MacRumors ↗
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The fourth iOS 27 beta adds fresh interface options, visual refinements, and references in code to hardware featuring multiple internal batteries. It also opens a recovery screen that users can trigger manually instead of waiting for a boot failure. The mode supports automatic connection to known Wi-Fi networks and displays the current battery level. Source: MacRumors ↗
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