How do people afford the new iPhone each year?

Since a new iPhone usually comes out once a year and most carrier plans are for two years how can so many afford the new one? I feel like with the price of the iPhone off contract being so high it shouldn't be hard to say you can't afford it but somehow there are still so many that do… Do they know some trick to get a cheaper iPhone or what?

Many of them can't but they buy them anyway. That's why credit card debt is so high in this country.

Well I was on contract for 2 years and I got new iPhone. They just pay for both or pay the old one off with selling the old iphone

People usually buy a new iPhone when they've finished their plans. For example, a person buys an iPhone 13months before a new one is released. They get a one year plan, so the plan ends right before the new one comes out. Or, they get a two year plan and upgrade their iPhone right before the new one after that comes out.

  • Why do people say they can't afford iphones? My mom has been jobless for many years and my dad is stuck at a dead end job and they still manage to buy me expensive smartphones, expensive brand clothes, etc. I even have 2 computers. And i'm not spoiled because i will get a good job in the future and pay them back, but if i can afford it, then most people can afford it.
  • Is tbere any major différence between thé iPhone 6 and the 6s? Whooppeee is Xmas again and my daughter wants new 2nd hand) iPhone… 2 years ago almost bought her 5 before i réaliséd that it was 5s she wanted ( cos thé 5 sucks?) And I don't want to screw up this year…
  • How does people afford Apple products? So when I go downtown or the mall, I see many MANY people with iPhones, MacBooks, and/or iPads. Most of these people are young, as in their early 20s! I'm jealous because I wish I had a MacBook but I didn't know it wa possible for those to buy apple products because they're highly expensive. How do people pull through?
  • How do people who live in section 8 homes and the ghetto afford luxury? I've seen people getting food stamps with iphone 6, luxury cars, big screen tvs, nice clothes and luxury purses but they live in the projects. How is this possible?