said by nitros22:In Example. You buy an iPhone 5 16GB for $199.00 You sign a new contract. You keep the service for 6 month's then pay the ETF at about 300.00 that's the reduced price of the ETF. Verizon still loses out a maybe 1 to 200 bucks as the phone is sold to Verizon at full price unlike the android phones that are purchased in bulk at discounted rates but only for possibly 50.00 to 100.00 per handset.
Interesting assertion. Got a link that shows Verizon pays full price for iPhones and $100 for, say Galaxy S3's? Cause it's not in their financials.