With the launch of the next iPhone upon us I was wondering what AT&T's upgrade pricing has been in the past. My first iPhone was the 3g and I then bought the iPhone 4 on launch day so I have never been under the 2 year contract when upgrading thus the lack of experience.
I dialed *639# and received a text which stated the following:
So all things being equal (I haven't had an economics course in 8 years but I still remember ceteris paribus) iPhone pricing would be either $467 or $567.

This leads me to two questions.
1. Is this what has happened in the past if you buy on launch day from year to year?
2. Are you rich?
I dialed *639# and received a text which stated the following:
A full discount on a standard device or iPhone upgrade is not available at this time but you may qualify on 11/18/2011. We can offer you a discounted iPhone upgrade at 2-yr commitment pricing + $250 along with a new 2-yr commitment and an $18 upgrade fee. Please visit a participating iPhone sales location for pricing on this offer.
So all things being equal (I haven't had an economics course in 8 years but I still remember ceteris paribus) iPhone pricing would be either $467 or $567.
This leads me to two questions.
1. Is this what has happened in the past if you buy on launch day from year to year?
2. Are you rich?