One poster has been complaining, in multiple threads, that iPhone Upgrade Plan members are being cheated because the iPhone 12 is arriving late.
Let me explain why this is not true.
If you are on the Upgrade plan, you will make 12 payments in 2020. Assuming that the new phone you select is the same price as your old phone, your payments will not go up or down. You will make the same number of payments and pay the same amount of money in 2020, regardless of when you receive your new phone.
If the 2020 iPhone arrives one month late, that means you will make 13 payments on your 2019 phone, instead of 12. But it also means that you will make just 11 payments on your 2019 phone, instead of 12 (assuming the 2021 phones are not delayed). This is what financiers call a “wash”.
Bottom line: It really doesn’t matter, financially, whether the new phones arrive early or late. You will pay the same amount of money, unless you choose a cheaper or more expensive model as your annual upgrade. The only thing you’re really losing is the opportunity to use the new phone features in September. You aren’t losing $$$.
Let me explain why this is not true.
If you are on the Upgrade plan, you will make 12 payments in 2020. Assuming that the new phone you select is the same price as your old phone, your payments will not go up or down. You will make the same number of payments and pay the same amount of money in 2020, regardless of when you receive your new phone.
If the 2020 iPhone arrives one month late, that means you will make 13 payments on your 2019 phone, instead of 12. But it also means that you will make just 11 payments on your 2019 phone, instead of 12 (assuming the 2021 phones are not delayed). This is what financiers call a “wash”.
Bottom line: It really doesn’t matter, financially, whether the new phones arrive early or late. You will pay the same amount of money, unless you choose a cheaper or more expensive model as your annual upgrade. The only thing you’re really losing is the opportunity to use the new phone features in September. You aren’t losing $$$.
