clarify this for me please..
I am unclear about this idea. I know phone companies for example rogers, will sell a phone for cheap and lock you in for 3 years on a plan. They make the money on your plan over the 3 years.
I know several people, including myself who have upgraded phones throughout our contracts whenever they release a nice new one. Only catch seems to be having to renew your plan and start over again...
so my question is this, is there a limit of how long you have to wait before you can 'upgrade' your phone? I was under the impression once you buy a phone you have to keep that one for 3 years. But it seems like you can just buy one anytime and just re-start your plan
I ask this because theoretically, can't you just buy for example, an iphone for $200 and start your plan again, and in 4 months say the BB storm comes out and you can 'upgrade' to that for $200 + renew plan. But you still like the iphone so you continute to use it, and sell the BB for what its worth, say $700. you make a profit of $500, and you do this everytime rogers releases a new phone...easy way to make money?
I know that this is not how it works, but I just dont see how. can someone clarify this
thanks
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