Got a tip for us?
Let us know
Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.
Apple CEO Tim Cook Says Financing iPhone X Can Work Out to Cost of Just a Few Nice Coffees Per Week
- Thread starter MacRumors
- Start date
- Sort by reaction score
You should seriously consider never giving financial advice to anyone, ever again.
0% interest, if you allocate that money to interest-bearing endeavors, it’s acruallt very smart to finance it. Even better if you know you’re going to upgrade every year.
I disagree, DevNull0 is spot on.
[doublepost=1509753877][/doublepost]
Nope, most people are completely clueless about money AND broke. It's why everything is "monthly payment this".
Heck the last time I was at the car dealer they would only give me a monthly payment, not the price of a a car. Finally I just asked, "say I want to make ONE payment, today, what is that monthly payment?" It took them awhile, but they finally got it. I walked after it was MORE than MSRP and had a bunch of other crap tacked on.
Again, yes, people are that clueless.
For $1000 I expect to be able to dock the phone, and use a keyboard mouse and monitor with it. The Microsoft phones, despite their shortcomings had the right idea. We seem to be heading to a convergence of devices, particularly because the mobile processors are becoming quite powerful.
I bought a mocha and a plain croissant yesterday and it was $10. I could pay for the phone note in 3 visits
If I can finance an iPhone X at the same rate as a coffee habit, all this tells me is there are people who pay wayyy too much for coffee.
If it's getting burnt in, either you're showing the same image for hours/days/weeks or the screen is a POS. I've had 2 OLED screen phones, a Galaxy S5 and it has no burn in. I'm ricking a ZTE Axon 7 and no burn in there either. Both have bene heavily used for navigation so the screen is on a lot.
OLED is actually a new technology. LCD is a rather old technology.
[doublepost=1509766468][/doublepost]
Why? I use headphones every night to listen to music to fall asleep. Wired ones are great- nothing to charge, they sound decent, and are cheap. Buy the $20 pair and when they get destroyed in a year or 2 buy another. Don't have to remember to shut them off or charge them every morning and no battery to worry about.
Then again I got out of the iPhone ecosystem because they removed the jack and gave you a stupid dongle that won't charge and use your headphones at the same time. And have been actively blocking those affordable dongles that do.
It’s a tough choice, but tasters choice here I come.
[doublepost=1509766956][/doublepost]
Mobile phones do not make good laptop or desktop replacements, IMO. The $1000 is for the cellular technology or else you could just buy an iPod.For $1000 I expect to be able to dock the phone, and use a keyboard mouse and monitor with it. The Microsoft phones, despite their shortcomings had the right idea. We seem to be heading to a convergence of devices, particularly because the mobile processors are becoming quite powerful.
While the iPhone X starts at $999 in the United States, with an even more expensive 256GB model available for $1,149, Apple CEO Tim Cook believes the price can ultimately work out to less than one cup of coffee per day.
It's MUCH SMARTER to spend that kind of money on a good Mattress & Box Spring !
Tim, can you say "Stearns & Foster" ???
Of course they do. The financials show profit. If Apple only sold just top tier gear, many could not afford it .
The 2017 iPad is poor value. You are better off with an iPad Air 2.
I'd like to buy a new iPhone with AppleCare and a case from apple. I used to be able to do that a few years ago and see great value, today it's £1450 - that is not a great experience..... it's actually very poor.
I'll try my X tomorrow, and unless is amazing it's going back for being such a silly cost.... I've always bought a case a AC .... £1450..... Tim cooks apple is becoming an exclusive fashion company
You never really seem to be too convinced anyway?!
It's an interesting statement.
Tim Cook wouldn't know what it's like to pay bills, put food on the table, clothe kids, etc and have money left over to treat yourself to a coffee, beer, movie, holiday, etc.
I don't think he is saying to give up anything, but if you've got money and need help justifying buying our most expensive phone. Here is a story you can tell yourself.
But that isn't nice coffee depicted in the header photo, though. It's Starbucks!
He has a point, though. I generally make my own, and I use actually "nice coffee" from the micro-roaster across the street. (San Diego has long ago caught up with Seattle for having a micro-roaster on every block...)
I probably buy 2 bags a month, at $15. So, the cost of an iPhone X is a bit more, but then I haven't factored milk and Ameretti...
FWIW, the joint across the street is Achilles Coffee Roasters. I like the Torrey Pines for my morning cappuccino and occasional afternoon iced latte. Their Gaslamp Blend is a darker roast, better for straight shots.
Might as well give them a plug, pretty sure they ship:
http://achillescoffeeroasters.com/
This place is probably better, but it isn't across the street!
https://jamescoffeeco.com/
He has a point, though. I generally make my own, and I use actually "nice coffee" from the micro-roaster across the street. (San Diego has long ago caught up with Seattle for having a micro-roaster on every block...)
I probably buy 2 bags a month, at $15. So, the cost of an iPhone X is a bit more, but then I haven't factored milk and Ameretti...
FWIW, the joint across the street is Achilles Coffee Roasters. I like the Torrey Pines for my morning cappuccino and occasional afternoon iced latte. Their Gaslamp Blend is a darker roast, better for straight shots.
Might as well give them a plug, pretty sure they ship:
http://achillescoffeeroasters.com/
This place is probably better, but it isn't across the street!
https://jamescoffeeco.com/
Tim Cook:
"We're not trying to charge the highest price we could get or anything like that... "
Hahahahahahahahahahahaha!
It never crossed my mind for a moment.
Whatever prompted him to issue that denial I wonder? The relentless rise in the cost of Apple products recently?
Yes, and more specifically the exorbitant pricing of the iPhone X.
He's not convincing me for sure, and I hope most other sane people.
He would be wise to remember that many long term Apple fans are being alienated by the greed that Apple is displaying.
Every dog has its day, and the time may be approaching when the tide turns and hitherto loyal customers head elsewhere in their droves.
I don't say this to be controversial or to prompt an Internet spat, although I fully expect flak for daring to criticise. It is merely the honest opinion of a disillusioned Apple supporter.
Sorry.
"We're not trying to charge the highest price we could get or anything like that... "
Hahahahahahahahahahahaha!
It never crossed my mind for a moment.
Whatever prompted him to issue that denial I wonder? The relentless rise in the cost of Apple products recently?
Yes, and more specifically the exorbitant pricing of the iPhone X.
He's not convincing me for sure, and I hope most other sane people.
He would be wise to remember that many long term Apple fans are being alienated by the greed that Apple is displaying.
Every dog has its day, and the time may be approaching when the tide turns and hitherto loyal customers head elsewhere in their droves.
I don't say this to be controversial or to prompt an Internet spat, although I fully expect flak for daring to criticise. It is merely the honest opinion of a disillusioned Apple supporter.
Sorry.
Since I started drinking cold brew at home I spend about $5/month on coffee. Plenty left over for my X.
While the iPhone X starts at $999 in the United States, with an even more expensive 256GB model available for $1,149, Apple CEO Tim Cook believes the price can ultimately work out to less than one cup of coffee per day.
On a conference call after Apple reported its fourth quarter earnings results on Thursday, Cook started by saying the iPhone X can be financed for as little as $33 per month at select carriers in the United States.
AT&T, for example, offers the base model iPhone X for 30 monthly payments of $33.34, which works out to exactly $1,000 over that period.
"I think it's important to remember that a large number of people pay for the phone by month," said Cook. "I think you would find you could buy an iPhone X for $33/month. So, if you think about that, that's a few coffees a week -- it's less than a coffee a day at one of these nice coffee places."
Cook added that many customers are now trading in their current iPhone towards their next iPhone, reducing their total amount owing by $300 to $350 in the process. He said the iPhone tends to have the highest resale value in the industry.
"In terms of the way we price, we price to the value that we're providing," said Cook. "We're not trying to charge the highest price we could get or anything like that. We're just trying to price it for what we're delivering. iPhone X has a lot of great new technologies in there that are leading the industry."
"It is a fabulous product," he added, still referring to the iPhone X. "We can't wait for people to start getting it in their hands."
Article Link: Apple CEO Tim Cook Says Financing iPhone X Can Work Out to Cost of Just a Few Nice Coffees Per Week
Tim we make coffee at home, can't afford a $5.00 cup of coffee
Interesting that he chose shop bought coffee to make it seem like just an optional luxury cost.
Substitute "it's just the cost of daily milk and cereal for several kids" and it wouldn't come off as nearly as shrugworthy
Substitute "it's just the cost of daily milk and cereal for several kids" and it wouldn't come off as nearly as shrugworthy