Leasing equipment doesn't really make sense for a pocket gadget that costs maybe a couple hundred bucks to make and something people are going to be using every day. I get why people would do it with a car, not that I would, but I can see where they're coming from doing it with one. A phone though, that's just stupid. You can't tell me a flagship phone isn't going to fulfill your needs one year later and that maintenance costs are just too high.