reply to Riamen
Re: Sept. 12 invites for iPhone 5? release...
said by Riamen:You're right. I assumed students were young from this line in the article
The article says 'students' not 'children'. The NY Times article linked in your link suggests the students are young adults.
As Lindstrom concluded, you love your iPhone and if JP Morgan Chase is right, eight million of you wont let a little thing like costing 32,000 Chinese students their education keep you from spending $600 to smear your fingerprints all over your loved ones glass screen.
I found the key to success but somebody changed the lock.
Was late to the party, already posted.
reply to haroldo
said by haroldo:Saw this in a David Pogue blog said by HiVolt:
I wish the contracts here were 2 years... All the freakin blood sucking companies here that offer the iPhone are 3 year contracts... Or purchase outright from Apple at $650+
The "blood sucking companies" (???) are giving you a great deal.
It's the manufacturer that sets the price...NOT the telcos...
...The $200 is just a down payment. Youll pay off the rest through the remaining months of your contract with Verizon, AT&T, Sprint or whatever. By signing a two-year contract, youre agreeing to reimburse the carrier over time.
Therefore, its not greed or price-gouging for AT&T to charge existing iPhone customers more than it charges new customers for the new iPhone.
Now, you might well argue: Well, hey, how long does it take me to pay off my subsidized phone? Surely not the entire two years!
Youre right. Its somewhere between 12 and 24 months. Why does it vary? Because different people are on different plans. Some people pay $70 a month, some pay $150, whatever. The more you pay each month, the faster AT&T recoups the phones real cost.
Once AT&T has recouped the full price of the older iPhone, you are upgrade eligible. You can now buy a new phone at the new-customer price. At that point, the cycle begins anew. (And by the way, yes, youll face the same issue in June 2011 or whenever the next iPhone model appears.)...
Los Angeles, CA
Thought that was pretty common knowledge...and also why prepaids are the more cost-effective deal in the long run. A $200 phone and $40/month for 2 years is a cheaper deal than a $200 phone at $80-90/month for 2 years [$(80-40) x 24 months = $960 price difference]. Even if you amazingly get retail trade-in value for your iPhone, it's not near the difference that going postpaid cost you.