Hi, I wanted to update to iPhone 5 but the $600 fee for off-contract purchase was too high(also considering all the accessories like cases/chargers/docks). I can get update for $299 next May. My Applecare first year of coverage expires on Oct. 14, 2012 which is when it was delivered by Fedex(is this true, it shipped on Oct. 7, 2011 and I received it Oct. 14, 2012). Should I add a year of Applecare or not? What do you think? Do you have a 2nd year on your Applecare? Thanks. I have protective cases and take care of it. Did yours fail after first year?