Apple’s iPhone Upgrade Program doesn’t offer much incentive over alternatives from carriers
Update: The chart above was updated to reflect Sprint’s just announced iPhone Forever upgrade plan pricing. Sprint is offering $22/month regular pricing ($15 for those that trade-in a device) through its iPhone Forever Upgrade program. Customers can upgrade every time there is a new iPhone, but they’ll have to pay off the remainder of the retail price to keep it. Yearly cost for all plans added.
With the launch of its new iPhone 6s lineup this week, Apple is competing directly with its carrier partners by introducing an iPhone Upgrade Program that aims to rival similar offers from T-Mobile, AT&T, Sprint, and others. Customers pay monthly instalments for 24 months, and they can optionally trade-in or pay off the device after 12 months to upgrade to a newer model. Apple’s own upgrade program offers some perks for consumers— the ability to get an unlocked device and use the carrier of their choice, for example— but how does it compare to the upgrade/financing programs from the other guys?
Below we compare the upgrade programs of the various carriers for an entry-level 16GB iPhone 6s and also take into account limited time promotions and other perks to find out who offers the best overall value.
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