How has the pre-order process work for phones?

I have some questions pertaining to prior phone pre-order processes.  I will be upgrading to the next iphone, whenever it launches.  When I pre-order do I pay the full price for the phone, or do I just pay the upgrade price?  Also, do most pre-ordered items arrive the day of launch, or do they ship day of launch?
Thanks folks.

What price you pay is completely dependent on whether you are eligible for a subsidised upgrade from your carrier.
Usually, most pre-ordered items are scheduled to be delivered on launch day.

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