As for the price you pay a monthly fee which for me is $50 a month and in 12 months I can trade it in for a new model or keep it for another 12 months and pay it off and it's mine
Yes I know it's a lot of money but that seems to be the trend here all phones are going up We were just spoiled for paying $200 and again I've been very happy with my Apple phones and I like the way now I can upgrade every year without it costing me an arm and a leg