Yes, you can read their legal agreement to learn about how this works. This is effectively a 0% loan for 24 months, once paid off, it is yours. If you choose

Yes, you can read their legal agreement to learn about how this works. This is effectively a 0% loan for 24 months, once paid off, it is yours. If you choose to upgrade after a year, Apple will pay the rest of the loan and you get a new loan again.