So I've always wanted a Iphone, but didn't really need one until recently, as I am about to enter as a freshman for college. Currently, my family has a phone plan with Verizon Wireless which expires on the 01/22/13, Instead of waiting for 4 months, I want to get the Iphone 5 now. So today I called customer service and asked if I could just resign the 2 year contract under a new plan that has less minutes (we never end up using all 700 minutes, I believe 500 is way more than enough) add unlimited texting and 2 gb of data. He said, i have to be on the 20th month limit and stuff like that, which means on the 09/22/12 (i've confirmed this online, which also states that i am eligible for a discount on 09/22/12 on device upgrades)
My questions are
1. Will I be getting the Iphone 5 16gb for the 199 price?
2. Will I be able to break even with the bill since I am subtracting minutes and adding texting + data plan or will there be an increase?
3. Will stores in Orange Country be carrying Iphones instore on the 22nd?
and that is all of the questions that I can think of right now.