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Ya, that’s not what I normally experience, so I don’t have a solution for that. Mine typically says something like “requesting update”, then starts installing with a time estimate, and then at some point when the time estimate stops, it has more progress bar worth of install and it switches to saying “preparing update”. I don’t think I’ve ever seen it say “Preparing Update” before the time estimate number and loading bar. Sorry I can’t be of help.. 🙁
i had to shut my phone and turn it back on. the 2nd time i downloadeed the Ios emblem was gone but it had no problem preparing
 
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I don't do beta's but if it's saying it updated there shouldn't be any problem you think? despite having a bad downloading experience

This Apple Support article will help you if anything is still amiss.

 
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