The iphone upgrade program looks good considering applecare is included. But my only concern is scheduling an appointment. Going to an Apple store getting the application and being approved. Then to pre-order the IP6s Plus....but now they are 4-6 weeks shipping times are the only options now. I heard this happened with the Apple watch too.
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iPhone Upgrade Program [MERGED]
- Thread starter kybldmstr
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Carriers don't pay full price for the phone to Apple. You think Apple charges them like they are an end consumer? That wouldn't be good business for either party.
I know three people who work for AT&T, and they have all said the same thing. The subsidized prices did not allow for the carriers to make money off the devices themselves, only the plans. Hence why the trend is full-price installment plans, and lower service plan costs.
I am pretty sure what they mean is you have to activate the new iphone in the store before you leave. Pop in an existing sim card or call your carrier to use the sim in the new phone (if it has one) to use on a non contract line you already have.
My current IP6 Plus is paid for and the number associated with it is not under contract. So I should be able to just pop the sim in the new IP6s Plus activate it. That's my plan anyway.
Again, where can you buy an iPhone for less than the price stated on Apple.com? (for the latest version)
They could just make the new IP6s to be used on all carriers. Motorola does this now with their new Moto Pure phone. It has the radios inside to work with all carriers and is unlocked. Maybe Apple will do the same with the new IP6s.
The iPhone 6/6+ was one device that worked on all carriers. There were no separate GSM/CDMA versions.
At first I was intrigued with the apple plan of paying $40 a month for 64gb 6 plus…. But comparing to verizon edge and by doing the math it seems like a loss for sure…. Am I missing something?
With both plans you own the phone outright up payment completion…. Currently verizon is charging 35 for the 64 gb 6 plus which will be the same price when new one is released… so 35x24=$840 but you receive a statement credit of 20/month =$480 so the price of the phone over 2 years is really..$360
With apples plan you pay 40x24=960 and verizon will not give you that $480 credit over 2 years…… with both you can resell your phone when it is paid so if you pay the balance on verizon you can restart edge and sell your original phone for a profit…. What have I missed (i know applecare is included but if you add verizon insurance it is still significantly cheaper)??
With both plans you own the phone outright up payment completion…. Currently verizon is charging 35 for the 64 gb 6 plus which will be the same price when new one is released… so 35x24=$840 but you receive a statement credit of 20/month =$480 so the price of the phone over 2 years is really..$360
With apples plan you pay 40x24=960 and verizon will not give you that $480 credit over 2 years…… with both you can resell your phone when it is paid so if you pay the balance on verizon you can restart edge and sell your original phone for a profit…. What have I missed (i know applecare is included but if you add verizon insurance it is still significantly cheaper)??
So, the AT&T statement credit is only for those on the mobile share plan? I'm still on the unlimited data plan and it would not be cheaper for me to go mobile share. Last month I used around 13GB between my iPhone and iPad and it looks like I would pay more for that amount on mobile share.
So the reservation to get an appointment is just a first step and does not actually "preorder" the phone? I was hoping to get the phone on or near the launch. I think I will just do the full price preorder.
For those of you who had an idea of buying the entire phone outright to own it (including myself):
A big thing that NOBODY here has mentioned that should be pointed out is supply vs. demand.
Let's say you go ahead and just pay full price for your iPhone. Well... as time goes by there are going to be less amounts of people buying used iPhones because they will be signing up for these monthly plans. People won't want to pay $200-$300 for a used two year old iPhone. I think the value of the older iPhones is going to drop very quickly which is kind of brillant on Apple's part.
In the past I've been happy just getting a new iPhone every two years and selling my old one for the same price I paid for it. Not going to happen anymore.
A big thing that NOBODY here has mentioned that should be pointed out is supply vs. demand.
Let's say you go ahead and just pay full price for your iPhone. Well... as time goes by there are going to be less amounts of people buying used iPhones because they will be signing up for these monthly plans. People won't want to pay $200-$300 for a used two year old iPhone. I think the value of the older iPhones is going to drop very quickly which is kind of brillant on Apple's part.
In the past I've been happy just getting a new iPhone every two years and selling my old one for the same price I paid for it. Not going to happen anymore.
so i was just wandering can i get the iphone from apple by paying monthly installments and keep on using my AT&T prepaid plan on it?
Where will the trade-ins from Apple or the carriers get sold as used or refurbished?? I think customers in the market for a used phone would prefer to by from Apple, not me. I think you are right. The used iPhone market may be flooded.
I am seriously considering doing the Apple Upgrade Program
My situation:
-2 unlimited data grandfathered lines on Verizon
-Because of my job, I need to have the latest Apple phone hardware at each release cycle
-I buy the phones full price from Verizon to keep the data
-I need the 128gb phones. Prefer 6s vs 6s-Plus
-Full retail 128 gb 6s costs $849 pre-tax
-Plus I add AppleCare which costs $99
-So per year almost $950
-Then I sell the phone on eBay just prior to the release of the next model for ~$500ish
So my net out of pocket is $450 per year
The Apple Upgrade is $40.75 per phone is $489 - about the same price and with far far less hassle
The only problem is that initially I need to visit the Apple store for the credit process. So, this first time, I may just buy via Verizon and sell that phone on Ebay once I get the Apple program started in a month or two
Am i silly to be considering this?
My situation:
-2 unlimited data grandfathered lines on Verizon
-Because of my job, I need to have the latest Apple phone hardware at each release cycle
-I buy the phones full price from Verizon to keep the data
-I need the 128gb phones. Prefer 6s vs 6s-Plus
-Full retail 128 gb 6s costs $849 pre-tax
-Plus I add AppleCare which costs $99
-So per year almost $950
-Then I sell the phone on eBay just prior to the release of the next model for ~$500ish
So my net out of pocket is $450 per year
The Apple Upgrade is $40.75 per phone is $489 - about the same price and with far far less hassle
The only problem is that initially I need to visit the Apple store for the credit process. So, this first time, I may just buy via Verizon and sell that phone on Ebay once I get the Apple program started in a month or two
Am i silly to be considering this?
It would be helpful to have a few more details regarding how the process truly works, from the initial reservation, credit check appointment and subsequent delivery. One would believe that there may be some plan in place so that if one reserves at 0001 on 9/12 that there would not be a delay on when one receives the phone relative to others that preorder. Could one simply not be placed in the queu as to the original time of the on line reservation for the appointment???
This may have been answered already, if so, sorry... But as many of us have the plans now where we pay around $30+ a month for our phones through our carriers, so typically if we want to upgrade earlier we pay off the amount owed and turn in our current phone. If we want to go with the Apple plan, I assume carriers (In my case Verizon) would require us to pay off the phone we have and hand it in, and THEN we can go to the Apple Store and enroll into their monthly plan?
For most manufacturers, MSRP includes both the manufacturer's profit and retail mark-up. They're not exactly undercutting themselves if it's already built-in to their prices in the first place. They just stand to make more if they can get customers to buy directly from them and cut out the middle-man. Mind checking the SEC filings, it does appear to be more like $50-100 discount.
As I'm not privy to the contracts between Apple and carriers, I obviously don't know how much exactly carriers pay Apple for each device and how much the discount is.
This is a great point but I don't think the market saturation happens this year or next.
Not really. Verizon has no say on Apple offering customers financing. You'd just have to pay $30+ to Verizon and $30+ to Apple (or Citizen One) at the same time for a total of $60+ monthly (basically for the phone you bought last year and the phone you're buying this year).
If that's what they mean why didn't they say it? The current terms strongly imply you can't use Apple Finance to buy a phone without a postpaid carrier line, which excludes MVNO and prepaid (Cricket, MetroPCS) customers.
Since the CDMA version of the 6S have the same LTE bands as the GSM versions, excepting Band 30 which AT&T doesn't use right now, the best version to get is the Verizon 6S even if you're an AT&T or T-Mobile customer.
Thing is these are two separate programs. Verizon's unlikely to "forgive" the remaining EDGE balance on your 6+ if you get a new device from Apple and not from Verizon. You're probably better off selling your 6+ and use the proceeds to pay off the Verizon EDGE balance.