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The free phone you could have had 2 years ago was not an iPhone. In fact I'm guessing the free phone you could have had 2 years ago wasn't even a smart phone.
You instead spent $200 to get your 16 GB 4s at that time. If you spent $200 now you would get the iPhone 5s. You can't compare what you spent money on back then to what you'd get free now.
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