Following the announcement of the iPhone 6s and 6s Plus, Apple introduced a new subscription service for the iPhone, that will allow users to get a new device yearly. The "iPhone Upgrade Program" will initially roll out in Apple retail stores located in the United States.
Apple will roll out this subscription upgrade plan in the United States with the iPhone 6s and 6s Plus. As a member of the service, you will be enrolled in a monthly installment plan that will start at $32 a month. In exchange for the monthly due, subscribers will receive a new unlocked iPhone annually and will also have accidental protection via Apple's AppleCare+.
The pricing tiers for the program are as follows:
- iPhone 6s (16GB) - $32.41/mo
- iPhone 6s (64GB) - $36.58/mo
- iPhone 6s (128GB) - $40.75/mo
- iPhone 6s Plus (16GB) - $36.58/mo
- iPhone 6s Plus (64GB) - $40.75/mo
- iPhone 6s Plus (128GB) - $44.91/mo
"After 12 installments, you can get a new iPhone and start a new iPhone Upgrade Program. No more waiting for your carrier contract to end. Just trade in your current iPhone for a new one, and your new program begins."
The program will begin to roll out on September 12, allowing potential users to register their interest. To be a part of the program, it is a requirement to visit a US Apple retail store and sign up using a personal credit card. Once your first device arrives, it must be activated with AT&T, Sprint, T-Mobile or Verizon.
Source: Apple Special Event via The Verge