Comment by joshstrange

While I don't doubt many people are doing that, using the iPhone/Apple Upgrade Program does not immediately equate to that being the case. I always use the Upgrade program but I could buy the phone outright if I wanted but why would I? It's essentially a 0% interest loan if I buy the phone out at the end. Sure if you turn the phone in after a year (or two) you are leaving money on the table (vs selling it or repurposing it) but the Upgrade programs aren't only used by people spending outside their means.