Hi! I have a couple of questions about Apple's iPhone Upgrade Program that I'd rather ask here with people who are actually using it... Using the iPhone 7 128 GB Verizon ($36.58 per 24 months) version as my example: 1. Once I pay the 12 payments, do I actually "own" the phone? Right now I'm on an older subsidized Verizon plan. I paid that $299 plus taxes and fees for my iPhone 6 in 2014, and only now do I own that phone after the contract ended... Using the Apple program, after 12 months and approx $439 in payments, that iPhone 7 would be mine outright? This is my understanding. I would just then trade the old phone in and then re-up with Verizon for another year and start the process over again. If that is true, it kinda seems like a no-brainer if you trade the phone right back for credit... Unless of course... You have to return the phone after a year... 2. For those who are in the program... Minus any fees associated with buying a subsidized phone, did your plan rate change at all since you used this program thru Apple? This is probably a stupid question, but I was just wondering what the bottom line is.. I'm assuming the consumer's only benefit is having the "option" to upgrade every year since they're not locked into a 2 year deal anymore, but as far as the plan goes, you don't actually save money month to month. Thanks in advance!