New iPhone every year possible

It will soon be possible to upgrade your iPhone each year in a new financing and buy-back plan through iStores. Using a Standard Bank credit card, one would buy a new iPhone on a 24-month contract and trade it in after 12 months to settle the outstanding balance. The average trade-in value of an iPhone in good condition after a year is about half the price of the phone, says SA Apple distributor, the Core Group.