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Wow... So you have to pay 12-36 months then still pay to keep the phone? Im super interested in doing the math on this when it's released.

How to pay more than the cost of a iPhone = Apple Upgrade Program.
 
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For the same reason I tell people not to lease cars, Don’t do this either.

“you’ll own nothing and be happy”
While buying is optimal when you plan to keep the car a minimum of 4 years, leasing is generally better if you buy new every 3 years and for folks that like luxury vehicles that have high depreciation curves.

There are other times that leasing cars can be more cost effective than buying with exceptional promotions. Leases are typically more subsidized than financing and have room to negotiate on money factor, particularly with multiple security deposits.
 
Only after one has paid an additional fee.

Apples quest to squeeze every last dollar out of their customers ranks high on the company’s priority list.
I am guessing the fee would be the remaining balance of the device so they can keep the monthly price lower, especially on the higher end devices.
 
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Wow... So you have to pay 12-36 months then still pay to keep the phone? Im super interested in doing the math on this when it's released.

How to pay more than the cost of a iPhone = Apple Upgrade Program.
That's not how it currently works with the IUP and I highly doubt thats how it will work with this new program
 
If I don't own it after 2 years why bother? I guess my every 1-2 year upgrades will be 3-4 years now. Great decision, Apple, lol
 
I'll be curious how it will really work. I went to my local Apple Store today to trade in my current phone and enroll in the IUP before it goes away. They didn't refuse to do it, but they strongly suggested I wait until tomorrow. They wouldn't give any details but after I told them I was operating off the assumptions indicated in this article, they still recommended I wait. We shall see.
 
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