And you paid $600 for it. Live it up, iPhone morons.
We did? Not that I know of. My iPhone 5 I'm using cost me zero, as the trade-in value of my iPhone 4S that I'd used two years sold for MORE than the cost of my new iPhone 5! My friend who wanted to upgrade his three month old Samsung Galaxy 3s was offered only $35 on his trade in. . . and he'd paid full bore retail because his previous Samsung Galaxy 3 crapped out in the middle of his contract after the warranty expired.
I, on the other hand, got $275 trade-in on a phone I paid $149 for two years ago. . . I got the latest iPhone when I upgraded (let's see, that was 16 months ago) and it was on special for $149.99 at BestBuy with a two year contract renewal. They waived the activation, but I had to pay sales tax on the "retail" value of my new iPhone 5, so my out of pocket was a negative $76.09.
If someone wants an iPhone today, they can get an iPhone 5S starting at $129 (currently on sale at Wallmart), a iPhone 5C for $79 , or a iPhone 4s for free. So who are the morons paying $600????
Yes, I know you are paying for the phones over the length of the contracts. . . but the contract remains the same price regardless of whether you get a junk phone or a top of the line phone. . . Except for the down payment. some Android phones are more expensive than Apple iPhones, but have for lower resale or trade-in values just months later.