This sounds like an incredible deal, doesn't it? Transforming a capital cost to an operational cost is fantastic. The total cost to use over 2 years is also much lower on this kind of thing. I suppose the reason not to use it is that you can use an old device for much longer. My wife and parents are on an iPhone 13 and I'm on an iPhone 16. The cost over that period is consequently much lower.

In any case, doesn't this sound like an insane contract for Klarna to have signed? It's freaking Apple. Mind blowing deal for a buy-now-pay-later company to sign. Imagine being in the chain for an Apple product. What a coup.