Here's a question that's comes up from time to time. If you get a replacement iPhone will it be new or refurbished. I just got a replacement 4S for my daughter. I was surprised she got a brand new in the box 4S. What's been your experience?
Also FYI Refurbished units IMO go through more strict testing, etc.. So When you get one it's certified with a Apple stamp of approve that it just as new just not new out of the box..
If it's not repaired, it's probably a refurb...but like Yester said, it's pretty much brand new (considering the parts that are replaced when refurbished and the requirements they hold for keeping parts the same).