Can I Switch iPhones Under Contract?

Hi,
I currently own an iPhone 4S and my contract with AT&T has already ended so I wanted to upgrade to an iPhone 5. My dad also has an iPhone 4S and his contract is up as well. I was wondering that if I purchase an iPhone 5 now with a 2 year contract through AT&T and my dad purchases the new iPhone with a 2 year contract that comes out later this year (iPhone 5S/6), can we switch iPhones? We would both be under 2 year contracts with AT&T, we would just switch models.
Thanks,
Tyler

It depends on att but in most cases the answer is yes.

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