Apple introduces iPhone leasing program for latest models
Apple adds iPhone leasing option to expand device accessibility alongside new hardware launches.
Event / Technology
Apple's September 2026 product announcement event featuring new iPhone models and other device launches, including the iPhone Duo foldable smartphone and iPhone 18 Pro lineup, with preorders beginning in September and October.
2026-09-10 to 2026-11-06 · UTC publication dates
Coverage begins 10 Sept, 00:02 UTC
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John Ternus formally began his tenure as Apple CEO on September 1, 2026. The September 9 product launch event marked his first major product release as CEO. Prior to becoming CEO, Ternus was Apple's senior vice president of hardware engineering.
Apple announced the iPhone 18 Pro and iPhone 18 Pro Max at its September 9 event. The iPhone 18 Pro starts at $1,199 while the Pro Max starts at $1,299. Both models feature improved low-light camera capabilities, the longest battery life of any iPhone, a higher-bandwidth chip for on-device AI models, and an all-new Siri AI digital assistant. Available colors include burgundy, glacier (light blue), silver, and black.
Preorders for the iPhone 18 Pro and iPhone 18 Pro Max begin on Saturday, September 12, 2026. Devices will be available for purchase starting Friday, September 18, 2026.
Apple announced the iPhone Duo, its first foldable smartphone, at a product launch event on September 9 at Apple's headquarters in Cupertino, California. The device features a 7.6-inch Super Retina XDR foldable display when fully open and a 5.4-inch outer screen when closed, with a 1:1.4 aspect ratio. The phone includes multiple layers of flexible glass and a titanium base, with a custom polymer top layer featuring a nano-texture finish.
Preorders for the iPhone Duo begin on Friday, October 16, 2026. The device will be available for purchase starting Friday, October 23, 2026.
The iPhone Duo begins at $1,999 for a 256GB model, with the 2TB model priced at $3,199. This price point is several hundred dollars lower than analysts had previously predicted, which had estimated launch prices around $2,300 with average costs of $2,550. Monthly leasing options are available starting at $57.99 per month.
Apple introduced a new leasing program for the iPhone 18 Pro and iPhone Duo. Similar to car leasing, customers can pay a monthly fee to use the devices without owning them, with lease terms spanning 24 months and the ability to upgrade at any point. iPhone 18 Pro leasing begins at $34.99 per month, while iPhone Duo leasing begins at $57.99 per month.
The iPhone Duo includes a dual main camera setup with 48-megapixel photo capability and 2x optical zoom. The camera system is largely the same as the iPhone 18 Pro but lacks the variable aperture feature.
Apple introduced Apple Reference Image, a new feature for iPhone 18 Pro and Pro Max that signs photo data to verify authenticity. When a photo is taken in Reference mode, the camera captures signed sensor data that is developed into an unalterable reference image through Private Cloud Compute. Users can view reference images in the Photos app alongside the main image to determine if any edits were made. APIs are available for third-party apps to enable viewing of reference images.
iPhone 18 Pro and Pro Max contain 40% recycled content overall, including 100% recycled cobalt in the battery and 85% recycled aluminum in the enclosure. The devices are manufactured with 50% renewable energy across the supply chain and meet Apple's standards for energy efficiency and safe chemistry.
The iPhone 18 Pro Max weighs 8.78 ounces compared to 8.22 ounces for the iPhone 17 Pro Max, despite having identical height, width, and depth dimensions. The increased weight is likely due to the larger battery and new variable aperture camera components.
iOS 27 will be available as a free software update on September 14, 2026. Siri AI, an entirely new version of Siri powered by Apple Intelligence, is rolling out in beta with iOS 27 on September 14 for English users, with support for French, Japanese, Korean, Portuguese, and Spanish coming in October. Siri AI is profoundly more personal, capable, and conversational, with ability to draw on personal context, use onscreen awareness, and answer questions about virtually any topic.
The A20 Pro introduces custom packaging inspired by M-series Apple silicon that places the silicon die side by side with the memory, removing the memory from the thermal path. A next-generation vapor chamber with three times more surface area than the previous generation dramatically improves sustained performance and enables up to a 40% gain over the previous generation, delivering the highest sustained performance in iPhone history.
iPhone 18 Pro and Pro Max are available in four colors: black, silver, glacier (light blue), and burgundy. The black color returns after being absent from the iPhone 17 Pro Max lineup, while burgundy and glacier are new color options. The glacier and burgundy colors were previously leaked by case makers.
Apple completely redesigned its Silicon chipset to create the A20 Pro, which is built for AI processing to power Apple Intelligence and the new Siri AI features. The A20 Pro uses 2-nanometer process technology, features 50% more memory bandwidth than A19 Pro, has a new 6-core CPU with integrated Neural Accelerators, a 7-core GPU up to 40% faster than A19 Pro, and a Dual 16-core Neural Engine with double the AI processing power of A19 Pro.
The Dynamic Island on iPhone 18 Pro and Pro Max has been redesigned to be physically smaller (16.57mm versus 20.76mm on iPhone 17 Pro Max) while gaining additional functionality. The upgraded Dynamic Island can now display three Live Activities simultaneously, while continuing to enable Face ID for device unlocking and authentication.
eSIM-only models of iPhone 18 Pro and Pro Max, available in Bahrain, Canada, Guam, Japan, Kuwait, Mexico, Oman, Qatar, Saudi Arabia, UAE, US, and US Virgin Islands, feature an even larger battery taking advantage of space formerly occupied by physical SIM cards. These models provide two additional hours of video playback compared to models with SIM slots.
The iPhone 18 Pro Max delivers what Apple says is the largest battery life increase ever on an iPhone. The iPhone 18 Pro Max provides up to 45 hours of video playback and up to 30 hours of usage on a single full charge. The iPhone 18 Pro provides up to 36 hours of video playback and 24 hours per charge. Both models support fast charging, with the iPhone 18 Pro reaching 50% charge in approximately 15 minutes.
Apple announced its next-generation iPhone lineup, the iPhone 18 Pro and iPhone 18 Pro Max, at its September "Surprise and Shine" event on September 9, 2026. The iPhone 18 Pro starts at $1,199 and the iPhone 18 Pro Max starts at $1,299. Pre-orders begin September 12, 2026, with official release on September 18, 2026.
iPhone 18 Pro introduces C2, Apple's next-generation cellular modem system with AI-powered improvements to cellular quality and reliability. C2 delivers meaningfully faster uploads compared to C1X while consuming 15% less energy, and now supports mmWave in the U.S. Both models feature N1, an Apple-designed wireless networking chip that enables Wi-Fi 7, Bluetooth 6, and Thread.
Apple adds iPhone leasing option to expand device accessibility alongside new hardware launches.
John Ternus is Apple's new CEO, stepping into leadership during major product transitions.
iPhone 18 Pro preorders start September 12 at $1,199 starting price.
Apple announces $1,999 iPhone Duo foldable with dual 48MP cameras; preorders start October 16.
iPhone 18 Pro gains Apple Reference Image photo authentication with iOS 27 and Siri AI.
iPhone 18 Pro delivers AI chip, variable aperture, record battery life at $100 higher pricing.
Apple Intelligence arrives September 14 with Siri AI, Live Translation, and new photo authentication.
Apple revealed iPhone 18 Pro variable-aperture cameras and lower-priced AirPods 5 with noise cancellation.