iPhone Upgrade Program now available from the online Apple Store

iPhone Upgrade Program now available from the online Apple Store
Apple's iPhone Upgrade Program was launched last year. For the monthly price of $32.41, a consumer can purchase the 16GB Apple iPhone 6s. The 16GB Apple iPhone 6s Plus is $36.58 a month. The plan is completed after 24 months. After making 12 payments, the phone owner has the option of handing in his current iPhone and exchanging it for the next iPhone model. The monthly price includes Apple Care+ warranty coverage.

Previously offered only inside Apple's brick and mortar stores, the iPhone Upgrade Program is now available from the online Apple Store. Brokerage firm Piper Jaffray computed that 250,000 iPhones were purchased as a result of the program during the holiday quarter. This was discovered by looking through Apple's December quarterly numbers and finding that the company was financing the purchase of $220 million worth of iPhones. At the time, Piper analyst Gene Munster said that 3% to 5% of all iPhone 6s units bought from the Apple Store were purchased using the iPhone Upgrade Program.


The iPhone that you buy from the Upgrade Program is an unlocked model. With the included Apple Care+ package, you are covered for up to two separate incidents of accidental damage.

If you're interested in the iPhone Upgrade Program, you no longer have to take a visit to the Apple Store. Simply click on the sourcelink.


source: Apple via AppleInsider

Related phones

iPhone 6s
  • Display 4.7" 750 x 1334 pixels
  • Camera 12 MP / 5 MP front
  • Processor Apple A9 APL0898, Dual-core, 1840 MHz
  • Storage 128 GB
  • Battery 1715 mAh(14h 3G talk time)
iPhone 6s Plus
  • Display 5.5" 1080 x 1920 pixels
  • Camera 12 MP / 5 MP front
  • Processor Apple A9, Dual-core, 1840 MHz
  • Storage 128 GB
  • Battery 2750 mAh(24h 3G talk time)

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13 Comments

1. ibend

Posts: 6747; Member since: Sep 30, 2014

with that upgrade plan, did 16GB user will stuck with 16GB phone forever? and actually you just rent a phone for 12month for $389-$540, that phone isnt yours, after 12month you must give it back, and they'll lend you newer phone

2. Napalm_3nema

Posts: 2236; Member since: Jun 14, 2013

You don't have to trade it in every year, and you get to choose what you want if you do. As stupid and pointless as I find the 16GB size to be, there are a lot of people who still willingly buy it.

4. zeeBomb

Posts: 2318; Member since: Aug 14, 2014

Just curious, how much space does the latest version of iOS in its entirety use?

9. Napalm_3nema

Posts: 2236; Member since: Jun 14, 2013

I honestly do not know. I use a 64GB version, and I have never paid attention. I'm guessing it's somewhere in the 5-6GB range.

11. TechieXP1969

Posts: 14967; Member since: Sep 25, 2013

On my 4S the latest iOS9 is using 6.6GB

6. joey_sfb

Posts: 6794; Member since: Mar 29, 2012

After renting out the phone for 12 full month's and collect it back and sell it as refurbished. Give it a 10 to 15% discount. Each phone allow them to earn 1.5x. Plus subscription would give them a stable cash flow, lock in their customer base.

3. sgtdisturbed47

Posts: 966; Member since: Feb 02, 2012

AppleCare+ doesn't fully cover accidental damage, you do have to pay a deductible.

5. Mercedes-Benz

Posts: 403; Member since: Jan 18, 2015

This instalment plan is awesome .

8. iDickjedii

Posts: 8; Member since: Apr 23, 2016

This will help me to afford an iPhone. Yessss.

13. TechieXP1969

Posts: 14967; Member since: Sep 25, 2013

No it isn't. Look at the cost + interest. Do the math. Its cheap to go via a carrier.

10. emmawilliam834

Posts: 241; Member since: Feb 09, 2016

I'd love to do this, but need an unlocked phone. I'm going to upgrade pretty much every year anyways.

12. TechieXP1969

Posts: 14967; Member since: Sep 25, 2013

It's cheap to go through the carrier Apple wants 32.41 or 36.58 per month for the 6S and 6S+ respectively. VZW wants 27.08 or 31.24 respectively (dont have to trade in anything) T-Mobile, I can't see the pricing unless I take the actual steps to buy.(dont have to trade in anything) If I trade in a phone, shouldn't i Get a lower cost? With VZW I don't have to trade anything and I get a lower cost. Unless you want an unlocked phone, its best to just go through the carrier. Oh and the monthly is being handled via Barclays Financial which has high rates on interest and you need to have a credit score that is above 680. With the carrier, its 24 payments at NO INTEREST! Which means if you use the carrier, you will save at least $20 per month on interest alone. What Apple is offering is not a good deal.

14. TechieXP1969

Posts: 14967; Member since: Sep 25, 2013

PA, AppleCare+ is NOT INCLUDED. IT IS AN EXTRA 129.00, whether you choose financing or not. Go through the buying steps and you will see. Come one guys, you cant even give the info correctly.

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