The iPhone X starts at $999 and comes in 64GB and 256GB versions and space gray or silver; it will be available for pre-order on October 27 and launches November 3.
If you're clamoring to get your hands on the new iPhone X but out of your mind about the $999 price tag, you might want to consider the iPhone Upgrade Program.
Tuesday's Apple launch event saw the release of the iPhone 8, iPhone 8 Plus and iPhone X. But along with the new phone additions, it'll now cost more if you have to fix any iPhone or want to avoid doing so in the future.
By contrast, if you pay upfront for the phone, you can sell it on eBay or trade it in elsewhere and get some credit for its value.
You're looking at an extra expense of $199, and that obviously doesn't include a separate $29 screen damage service fee or $99 for "any other damage", plus "applicable tax". To be clear, every iPhone purchase does come with some form of AppleCare+ already; you get one year of "hardware fix coverage" but only 90 days of support to talk to "Apple experts".
AppleCare+ extends coverage for iPhones to two years from its purchase date and up to two incidents of accidental damage coverage. Because Apple's upgrade plan works something like a combination between a lease and a two-year loan, you'll likely end up paying just as much or more under it as you would if you bought a phone outright.
What information or requirements does Apple need before I can join?
Can I trade in my old iPhone before joining?
And when you swap out your phone, you lose whatever investment you've made into the old device.
If you buy the 64 GB model, the iPhone X will cost $49.91 under the iPhone Upgrade Program.
Customers who buy the iPhone 8, iPhone 8 Plus, or iPhone X on EIP will automatically get the iPhone upgrade program and its one-time benefit. If you opt for the 256 GB model, it will be $56.16 per month.
Apple has increased prices for its AppleCare+ warranty program.