Apple Will Soon Support Carrier Early Upgrade Programs In Stores
Even though in some instances consumers may wind up paying more, recent wireless earnings reports indicates that many users are happily signing up for early upgrade handset programs
. Such programs allow users to spread the cost of a device out over numerous payments, in some instances in exchange for a lower monthly rate (programs, of course, vary).
These programs are about to get another boost on the news that Apple will soon start pushing AT&T's Next, T-Mobile's JUMP, and Verizon's Edge upgrade programs in stores
Apple is preparing a significant expansion of its iPhone sales capabilities in its official retail stores, according to sources. Late in August, many Apple Stores in the United States will kick off a pilot program for customers to be able to purchase a new iPhone via the latest carrier upgrade programs: AT&T Next, T-Mobile JUMP, and Verizon Edge.
As it currently stands, iPhones purchased at an Apple store must either be bought subsidized with a new two-year contract, or unlocked at full retail price. Apple employees are to be trained on the new programs during August ahead of a presumed new iPhone(s) launch announcement late summer, early fall.
| |SeleniaGentoo ConvertPremium
Fort Smith, AR
Re: I'd rather buy at a Verizon store Or better yet, pay retail price for a reasonably priced but powerful device(Nexus series for example, which are actually updated enough to live with for 2 years but without a contract or inflated retail price like Apple) that is not jacked to artificial prices by carriers. Pick a well priced prepaid plan(T-Mobile and some MVNOs offer good unlimited ones). Have your wallet thank you for saving it from utter rape by these horrible ripoff plans. ??? Profit!(big time even in just a year).
Re: Why not sooner?
said by IPPlanMan:Apple sales of the iPhone have been ever so slightly slowing down year after year with only minor chgs to the phone. Apple is worried that without an installment plan option to buy their overpriced wares, the Samsung behemoth may finally bury them. They didn't want to take this step because full price buyers(subsidized or not) up until recently bought their products.
Wonder why this wasn't done sooner...
| |IPPlanManHoly Cable Modem Batman
Re: AT&T Next No down payment (have to pay tax)
No activation fee
No upgrade fee
No financing fee
"Any time after 12 or 18 monthly installments, you may upgrade to a new AT&T Next smartphone!
As long as your current smartphone is in good and working condition, you are eligible to upgrade to a brand new one. Or, you can choose to keep your current smartphone, and after 20 monthly installments (AT&T Next 12) or 24 monthly installments (AT&T Next 18), your smartphone is paid for, and no more installments are required."
Yes you have to give the phone back. However, now that there are line charge discounts ($15 off per line for under 10 GB shared data and $25 off per line for 10 GB and over) vs a 2 year contract if you are on Next, it's a better deal than it used to be. Otherwise, that was effectively a full price phone and plan, which meant carrier double dipping.
"We're going to start at one end of (Fallujah), and we're not going to stop until we get to the other. If there's anybody left when that happens, we're going to turn around and we're going to go back and finish it."
Lt. Col. Pete Newell: 1st Inf. US Army
Re: AT&T Next Not really. If you pay off the phone it's yours. You only turn it in if you upgrade before you pay it off. Why should you keep a phone if you only made half the payments?
| || |said by IPPlanMan:The $25 discount is a good deal: That's $300/year, or $600 over a two year period. An iPhone is $650 without a contract, $200 with a contract. So, you save $150 over the two year period, and the phone is unlocked when you buy it.
The line discounts of $15 or $25 off are meant to offset that... Not sure if they do completely...
"Next" was a lousy deal before the discount. Now, you simply pay the cost of the phone over 12-18 months. You still save $150. But, the phone is locked until it is paid off.
Of course, you have to pay for a 10GB/month plan to get the $25 discount, even if you don't need all that data. But, our bill for two phones is lower than it has ever been.
Re: AT&T Next
said by IPPlanMan:T-Mobile forced AT&T's and Verizon's hand by offering "no-contract" plans. They offered a fixed payment schedule that would end after 2 years, and subtracted the former subsidy payments from the service fee.
Still doesn't make sense to me why carriers want to do this...
T-Mobile did this this to entice customers to switch. I think they even offered to pay ETFs. It must have been working, because AT&T and Verizon quickly responded and offered no-contract prices at a significant discount.
| || It is a $1 lease. I run these all the time. This means that at the end of the lease period, essentially you own it, but if you turn it in before the end of the lease (when the company has made a profit) (12/18 mo), you will pay a price in less value than what you have paid into it (the money factor). In addition, now AT&T can go and resell that device and make profit on it again, or liquidate it. The good ones will remain CPO (certified pre-owned) and the rest get liquidated not too much different than you see in car sales.|
As a consequence like a regular car lease, it has to be in good condition, otherwise they will assign less capital value when you turn it in, or say if you have a cracked screen and no insurance, fix it first or pay it off.