Apple will now let you lease your next iPhone or Mac instead of buying it

Apple is launching a new leasing program that allows consumers to lease products such as iPhones and Macs rather than purchasing them outright. The initiative is designed to make Apple's electronics feel more accessible and affordable to buyers at a time when overall electronics prices are climbing.

This new hardware leasing option introduces a traditional rental model—frequently used for major purchases like cars, apartments, and office spaces—into the consumer technology market for devices like the iPhone.