Apple's iPhone upgrade plan helps the company rake in more money per phone

During last week's new products announcement, Apple introduced a new plan that would allow someone to pay $32 a month and exchange their current iPhone with the latest version every 12 months. The key to the plan is that customers signing up for it are leasing the new iPhone as opposed to a purchase of the handset. The deal also includes extended warranty AppleCare...
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29. srgonu

Posts: 522; Member since: Feb 13, 2012

Another way of ripping money from clueless iPhone folks. Cost you pay for blind folded favoritism.
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