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Market Chatter: Apple to Launch Device Leasing Program to Boost Sales

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Apple (AAPL) is planning to launch a new program on July 28 through which customers can lease devices, including most iPhone, Mac, iPad and Apple Watch models, Bloomberg reported Tuesday, citing people with knowledge of the matter.

The tech giant is collaborating with Klarna Group (KLAR) as the financial partner for the program called "Apple Upgrade," the report said, citing the people.

Apple didn't immediately reply to a request for comment from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: $327.59, Change: $+1.00, Percent Change: +0.30%

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