Unfortunately, these kind of constructions leads to people getting devices that are probably not good for their budget. If you cannot pay a 1200 Euro phone, getting a 40 Euro per month phone lease is probably also not a good idea.

Before people start strawmanning, yes, we do the same for house mortgages. But a living space is essential, but more importantly, long-term the value typically stays the same or rises. So, even if you cannot afford the mortgage anymore, you can sell the house, pay back the mortgage company and keep the capital you accumulated so far.

A phone is also an essential now, but they lose value over time, and many midrange 300-500 phones are barely worse than an iPhone nowadays and will also have 6 years of monthly security updates, etc. (if you pick the right brand).

These schemes are only there to trick people who probably couldn't afford luxury products into buying them. People who can afford an iPhone, can also save up for one or buy one outright.

Using Klarna is also indicative of Apple's moral rot. They are well known in Europe for willingly getting people to buy things they can't afford (I guess similar to US credit cards) and high-interest rate loans. They are a morally bankrupt company and it's sad that Apple has sunk so far just to make the line go up.