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Sprint's "iPhone for Life" Plan Gets You A New iPhone Every Two Years

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A suspiciously well-timed announcement from Sprint could help put those big, beautiful new iPhone 6s in more pockets: Their "iPhone for Life" plan will upgrade your phone every two years, plus give you unlimited data, starting at $70 per month. And I assume this deal is valid until you no longer have a need for a phone on this Earth.

The pricing announced today is for a 16 GB iPhone 6—no pricing yet announced for the Plus, or the more expensive 6 models. The $70 you pay each month includes the cost of the data ($50) plus the phone price ($20), which Sprint claims will save you $575 over two years compared to their regular two-year contract. Essentially, in this deal, you're renting the phone instead of buying it outright.

Other carriers announced deals today as well. Verizon will give you a $200 gift card—which you can use to buy the lowest-priced $199 iPhone 6—if you trade in your old phone and sign up for a two-year contract. Also hoping to cash in on those old phones is T-Mobile, which is promising to match any trade-in values. And of course you still might be able to coerce your friends into joining T-Mobile in exchange for free data. Whatever you choose, you have a few days to decide: Pre-orders start September 12 at 12:01 a.m. [Bloomberg]