Good! Greedy and dishonest T-Mobile gave in... but don’t worry they’ll find another way screw their own subscribers (such as not selling or having deals at national retailers, all of their own promos being reverse 2-year contracts, etc.)
Good! Greedy and dishonest T-Mobile gave in... but don’t worry they’ll find another way screw their own subscribers (such as not selling or having deals at national retailers, all of their own promos being reverse 2-year contracts, etc.)
I don't think your math is right. $1030 paid (A), of which $1000 is principal (P) over 2 years (t). Rate = (1/t)(A/P - 1) which comes out to 1.5%/year.
The principal is only $1,000 at the beginning of the 2 year period. Each month the principal is reduced by 1/24 until the principal is $0. The average principal over the 24 month period is 12/24th of the original principal or $500.
There is a price bump compared to iPhone 11 last year, right?
For people needing to save money with non-contract carriers, this is an extra kick in the teeth by Apple. I remember when Apple was the anti-carrier phone maker. Now, they're in bed with Verizon, false marketing and all. I guess Apple needs the money.
Good! Greedy and dishonest T-Mobile gave in... but don’t worry they’ll find another way screw their own subscribers (such as not selling or having deals at national retailers, all of their own promos being reverse 2-year contracts, etc.)
I think you have this backwards. TMo hasn't generally charged an upgrade fee. They charge a SIM fee, but you could switch that to another phone.
AT&T and Verizon charge an upgrade/activation fee. They cut a deal with Apple to discount the price of phones for them, which they would then claw back through their activation fee. So instead of looking like cheapskates at the end of the process, they could tell customers "hey, we gave you a $30 discount" (and then would take it away.
TMo saw this gambit and that Apple makes it look like TMo is costing more, and doesn't tlike that look. So I guess they decided to eat the fee Apple is charging ATT/Vz to get a "discounted price" and may or may not recoup it when you activate your phone with them.
I'd just stick my SIM in the new TMo phone and move along - I doubt they'd charge me.
Butttttt you could take the time and order online with out any extra charges ijsStill garbage that they advertise the price at $799 when it's actually $829. Because the carriers will charge you an upgrade fee, you're going to pay that $30 regardless, and it's so bogus, given that when you buy a phone outright the carrier needs to do NOTHING. You just put your existing SIM in and you're good.
The problems of having too much money are greatly ex
and the whole thing saves many plane loads of cargo, and less garbage.
I do think they could have given us usb-c wall adapters for this year but whatever. It saves shipping costs this way.
They also have to pay their employees that are working to upgrade someone. Also costs money to process the activations, paying all the employees that keep their computers and servers going. I think the upgrade fee is a lot more fair than people give it credit for..If you get the phone on an installment plan, they say they charge 0%. And that's technically true - the interest rate on the loan really is 0%. But they won't let you walk out the door without paying some kind of fee. So they charge $20-$40 depending on the carrier. They don't call that "interest," but it is a fee associated with the loan so to the consumer it's a distinction without a difference.
On a $1000 loan, paid back over 2 years, a $30 fee is equivalent to a 1.5% annual interest.
Since when is $829 higher by $230 than $699?Price for the unlocked 6.1” iPhone 12 is $230 higher than the unlocked 6.1” iPhone 11 at launch (not factoring in the the “value” of the accessories omitted from the 12 that were free in the box with the 11).
yah. They do last a long time. I upgrade every year though. Life is too short not to have the latest.
I use my iPhone quite a bit. Nearly every day, so why not have it?
I mean, sure, cost of doing business. All that should be covered by the monthly service fee. You make it sound like the telcos only make a profit with the upgrade fee, which is crazy.They also have to pay their employees that are working to upgrade someone. Also costs money to process the activations, paying all the employees that keep their computers and servers going. I think the upgrade fee is a lot more fair than people give it credit for..
From what I’ve understood, yes. Unless I’m wrong. I’d love to be proven wrong in this.hm, so when i transfer my esim to a new device they will charge me $30 for that?
From what I’ve understood, yes. Unless I’m wrong. I’d love to be proven wrong in this.
They also have to pay their employees that are working to upgrade someone. Also costs money to process the activations, paying all the employees that keep their computers and servers going. I think the upgrade fee is a lot more fair than people give it credit for..
sure, if you can afford it. But a guy with 3 children, no way to upgrade yearly. $3,300 on upgrading your phones is ludicrous. Of course, you can sell your used iphone, I just don't know how much the difference will be. I know teenagers though like to upgrade yearly.
Yes, I hear you. I am a developer and executive and a lot of things and I can afford it for sure and I respect that not everyone can upgrade yearly because of the financial burden. Yet I still make the point that maybe the place to make cuts in your life is somewhere other than the thing you use day in and day out. We all depend on our iPhones every single day.
I often post here that "I use my iPhone almost every day". I use it for almost every waking hour of every day! That's my main point.
If you are putting in 5 or embarrassingly even more than 5 hours a day staring at an iPhone screen like I do it would make no sense to save a few hundred dollars. It's your life. It's your time spent on an iPhone. Might as well be a recent model.
Maybe there is a sweet spot - where you upgrade every 2 or 3 years, and you shop around with the carriers. I saw some user here say that it was $16.00 per month extra on his cellular plan to get a certain iPhone - well there you go I guess. I'm speaking mainly to the guys rocking an iPhone 6 in 2020. You are paying $1000 per year on cellular service, so why not upgrade to something more recent?
No shame to anyone using an older model iPhone - I'm just making a point about the hours you spend on an iPhone vs the hours spent on other things in life. You really needed a motorboat? Or fancy overcoat from Hugo Boss for example that you only wear for 2 months of the year? This kind of comparison thing.
Yes, I hear you. I am a developer and executive and a lot of things and I can afford it for sure and I respect that not everyone can upgrade yearly because of the financial burden. Yet I still make the point that maybe the place to make cuts in your life is somewhere other than the thing you use day in and day out. We all depend on our iPhones every single day.
I often post here that "I use my iPhone almost every day". I use it for almost every waking hour of every day! That's my main point.
If you are putting in 5 or embarrassingly even more than 5 hours a day staring at an iPhone screen like I do it would make no sense to save a few hundred dollars. It's your life. It's your time spent on an iPhone. Might as well be a recent model.
Maybe there is a sweet spot - where you upgrade every 2 or 3 years, and you shop around with the carriers. I saw some user here say that it was $16.00 per month extra on his cellular plan to get a certain iPhone - well there you go I guess. I'm speaking mainly to the guys rocking an iPhone 6 in 2020. You are paying $1000 per year on cellular service, so why not upgrade to something more recent?
No shame to anyone using an older model iPhone - I'm just making a point about the hours you spend on an iPhone vs the hours spent on other things in life. You really needed a motorboat? Or fancy overcoat from Hugo Boss for example that you only wear for 2 months of the year? This kind of comparison thing.
Since when is $829 higher by $230 than $699?
If you get the phone on an installment plan, they say they charge 0%. And that's technically true - the interest rate on the loan really is 0%. But they won't let you walk out the door without paying some kind of fee. So they charge $20-$40 depending on the carrier. They don't call that "interest," but it is a fee associated with the loan so to the consumer it's a distinction without a difference.
On a $1000 loan, paid back over 2 years, a $30 fee is equivalent to a 1.5% annual interest.