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