Apple has added a second tier of protection for iPhone owners. Apple's tired of your iPhone-glass-breaking sob stories and will charge $49 to fix your iPhone with AppleCare+.
The iPhones ships with one year of hardware repair and 90 days of telephone support. On the heels of today's iPhone 4S announcement, Apple has revealed an iPhone-centric extension to AppleCare called AppleCare+. In addition to extending the life of your iPhone's warranty to two years and covering the usual hardware-failure issues, you can drop and break your iPhone twice and Apple will fix or replace it for $49.
A huge bummer is that before AppleCare+, you could wait a year to get AppleCare from the date of purchase for your iPhone. Now you have to purchase AppleCare+ when you purchase your iPhone.
AppleCare+ must be purchased together with new covered equipment. See AppleCare+ Terms and Conditions for complete product details.