Based on that logic, no product is worth it. Or do you want to revise your statement and say that no insurance product is ever worth it?
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Is it Worth Buying AppleCare+ for iPhone X?
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I see them quite often on the subway when I commute into work.
I agree cases are a big help, especially those that are designed for protection over looks, but I still see cracked screens. FWIW, I have a case on my SE and its been dropped a number of times (by me and my kids) and so still in great shape
Why would I waste my time.
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Famous last words. Pride comes before a fall. Two sayings you may not be familiar with.
Man, those prices are insane. You can buy a 6s or even a 7 for the price of an X repair.
The X is a great phone, no doubt, but I hope the prices for this technology will come down in the future.
The X is a great phone, no doubt, but I hope the prices for this technology will come down in the future.
I never saw much sense on this anyway. I insure my devices for all sorts of issues including lost and theft and it cost me less.
personally, I am still undecided.... normally I don't get apple care but the price on the X repairs is a big concern for me just using it 1x basically pays for itself.
I am leaning towards getting it since I have a piece of mind.
I am leaning towards getting it since I have a piece of mind.
Oh, I don’t know.... maybe to stop you making unsubstantiated claims about the cover?
Yea im sure for an extra £29 ontop of your purchase price you can have a brand new replacement Apple Watch if you run over it or drop it in a grinder, or what ever. Sure they are going to give you a new watch. Believe it when I see it springs to mind.
Have to say if you go for the larger capacity X add on the $200 and taxes and your at $1500 for an iPhone. Something seems way out of wack there.
That said if you have an issue with cracking screens, this would be worth it...but yikes that's alot of money.
That said if you have an issue with cracking screens, this would be worth it...but yikes that's alot of money.
Dressing up intentional damage (stepping on it) as accidental damage is being honest?
Most things are affordable to those who can afford them.
When in college, some could afford six packs of noodles for two dollars, nutrition being a lost cause then.
Now some of them former students can afford the iPhone X with extended care while also affording nutritious healthy meals for all the family. Go figure.
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The price for the tech has come down, it's the Apple tax that keeps rising. Apple seems to think that every tech advancement made by their suppliers over the past 5 years is worth an increased price from the pervious version. It's as if we were paying $2 million for a 65" 4k OLED TV because 70 years ago, an 8" black and white was $500 (or $4000 in today's dollars) and every step of the past 70 years has brought advances that made the new version worth more than the old. Tech just doesn't work that way.
Timmy's version of the Apple tax is much like Canada's version of the gas tax. When gas prices fall, the government doesn't like the loss of revenue, so they raise the tax rate. Then prices rise again, the goverment gorges on the extra money. Then gas prices fall again and the cycle repeats.
When Apple's costs fall, they raise margins to maintain the retail price. Then when their costs rise, they raise the retail price to maintain the newly raised margins.
Buying any product from Timmy's Apple is like buying gas in Ontario. 20% product, 80% tax. When it used to be 80% product, 20% tax.
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Well technically, that's from insurance sales techniques 101.
For people who actually understand what they're insuring, you insure against losses that will ruin your life (losing $200k in a home fire, car damage and liability, etc). People who insure against minor inconvenience are fools who will be easily parted from their money. For all the consumer devices, phones, computers, etc you buy, the total insurance will cost a lot more than the claims you will make. Why pay $150 for every phone you buy when you can pay $400 for the 1 in 4 that break?
The price for the tech has come down, it's the Apple tax that keeps rising. Apple seems to think that every tech advancement made by their suppliers over the past 5 years is worth an increased price from the pervious version. It's as if we were paying $2 million for a 65" 4k OLED TV because 70 years ago, an 8" black and white was $500 (or $4000 in today's dollars) and every step of the past 70 years has brought advances that made the new version worth more than the old. Tech just doesn't work that way.
Timmy's version of the Apple tax is much like Canada's version of the gas tax. When gas prices fall, the government doesn't like the loss of revenue, so they raise the tax rate. Then prices rise again, the goverment gorges on the extra money. Then gas prices fall again and the cycle repeats.
When Apple's costs fall, they raise margins to maintain the retail price. Then when their costs rise, they raise the retail price to maintain the newly raised margins.
Buying any product from Timmy's Apple is like buying gas in Ontario. 20% product, 80% tax. When it used to be 80% product, 20% tax.
[doublepost=1509369814][/doublepost]
Well technically, that's from insurance sales techniques 101.
For people who actually understand what they're insuring, you insure against losses that will ruin your life (losing $200k in a home fire, car damage and liability, etc). People who insure against minor inconvenience are fools who will be easily parted from their money. For all the consumer devices, phones, computers, etc you buy, the total insurance will cost a lot more than the claims you will make. Why pay $150 for every phone you buy when you can pay $400 for the 1 in 4 that break?
All this is moot if Apple used the right material for the back. Hopefully this phone survives the everyday bumps and abuse most people put their phone through.
However if the X ends up being super fragile and customers are actually having to get their phones repaired frequently, this could quickly turn into an apparent greedy cash grab from a company not happy with $500+ profit margins on their phones already. Personally for this phone's price point, you should get at least 1 free repair. Apple should stake their reputation (and profit) on an excellent warranty program considering how much they brag about quality design and how they always use the best components and materials for their phones when they are ready to be used. To be honest the idea of even paying Apple hundreds more for for a warranty on top of a $1000+ phone is a greedy cash grab.
However if the X ends up being super fragile and customers are actually having to get their phones repaired frequently, this could quickly turn into an apparent greedy cash grab from a company not happy with $500+ profit margins on their phones already. Personally for this phone's price point, you should get at least 1 free repair. Apple should stake their reputation (and profit) on an excellent warranty program considering how much they brag about quality design and how they always use the best components and materials for their phones when they are ready to be used. To be honest the idea of even paying Apple hundreds more for for a warranty on top of a $1000+ phone is a greedy cash grab.
Not true. The top right corner of the screen on my 5S was coming loose after about a year and a half, and was causing WiFi signal issues. Having AppleCare+, I took it in to Apple and they replaced it at no cost. Certainly not accidental damage, and nothing they would have done if I hadn't had AppleCare+. Over two years later, and it's still working as a music player for my son.
i see that apple care helps to lower the costs of the repairs. But all i read was mostly for part replacement. Does apple care still fully replace a phone with a fee instead of repairing? I remember reading or hearing from people where they broke their phones and got it replaced with a new phone for a fee of 75$. Does this system still exist?
I think if you're spend ~$1000 on something electronic that you carry around every day you should probably have some sort of insurance on it and if you have an Apple store in town Apple Care is probably your best bet.
That's the accidental damage replacement fee. Except it's $100 now instead of $75 (years ago). Repair vs replace is at their discretion based on extent of the damage or parts availability.
You buy insurance to cover catastrophic events only. When I buy car insurance I get the highest deductible available like $1000. Buying AC in case you break your screen once is a waste of money. You’ll have to be the type who breaks the screen a couple times in a year.
But yes in general insurance are never worth it. You better have a darn good reason to buy it. Because 2/3 times you loose.
Carrier insurance is usually $10-12 per month and there's still a "deductible" cost for replacements. I used carrier insurance when I cracked my iPhone 6 display and I paid $169 to AT&T to get a "refurbished" (i.e., used) replacement phone that had no warranty with Apple. So for the two years I owned that phone, I spent $400+ on insurance and one replacement. AppleCare would have cost me $158 for the same level of coverage.
Also, a lot of these calculations are based on one incident, but AppleCare covers two screen replacements or other accidental-damage repairs. Luckily, I've only cracked my display once, but I know lots of people who have shattered their phone displays multiple times. For the iPhone X, if you break your screen twice, the total cost with AppleCare is $257; the cost without AppleCare is $558. And liquid damage is even more noticeable: with AppleCare (and 2 incidents of liquid/other damage) is $397; without AppleCare it'd be $1098.
The only time AppleCare isn't a better deal is in the case of loss/theft. Other than that, carrier insurance is a bad deal.
Lot of good responses in this thread. I'm personally going to get the Applecare+ for my X this Fri:
- Agree that for the "average person", buying insurance for potential expenses that you can afford (ie. cracking case) is typically net-negative. Insurance is better spent to cover yourself against catastrophic losses (the "black swan" scenario), and assuming "average" break probability, you'd be better off self-insuring
- But this is for the "average person". Some people are more accident prone than others (people with young kids, clumsy people, etc.) - for these people, they are at "higher risk" for damage and making a claim. And with AppleCare+ everyone pays the same amount - Apple doesn't assess your risk and charge you a higher / lower premium based on your risk profile (like they do with car insurance, or life insurance). So if you are one of these higher risk people, your AppleCare+ cost is being "subsidized" by the lower risk people, and it may make more sense financially to get it
- While I've never gotten AppleCare+ on any of my iPhones and I've only cracked the screen once, I now have a 2yr old that has grabbed my phone and dropped it a few times (and just luck that it hasn't broken) - given my environment, I plan to get it this time
- Agree that for the "average person", buying insurance for potential expenses that you can afford (ie. cracking case) is typically net-negative. Insurance is better spent to cover yourself against catastrophic losses (the "black swan" scenario), and assuming "average" break probability, you'd be better off self-insuring
- But this is for the "average person". Some people are more accident prone than others (people with young kids, clumsy people, etc.) - for these people, they are at "higher risk" for damage and making a claim. And with AppleCare+ everyone pays the same amount - Apple doesn't assess your risk and charge you a higher / lower premium based on your risk profile (like they do with car insurance, or life insurance). So if you are one of these higher risk people, your AppleCare+ cost is being "subsidized" by the lower risk people, and it may make more sense financially to get it
- While I've never gotten AppleCare+ on any of my iPhones and I've only cracked the screen once, I now have a 2yr old that has grabbed my phone and dropped it a few times (and just luck that it hasn't broken) - given my environment, I plan to get it this time