Weren't they able to get pre-approval or something before the website closed ahead of the launch though?
Yes, we were. And unfortunately by doing that we were locked in to completing the upgrade on our iPhones via the Apple Store app. Effectively ruining our chances for launch day delivery because the app wouldn't connect until lead times had slipped to 3 weeks+.
I understand it's not a loyalty program per se, but it is a guaranteed group of customers who have pledged to buy the latest product on an annual basis, along with AppleCare+. That's a salient value for any company. It gives them valuable intel about sales expectations and that should count for something.
I didn't sign up for IUP financing. I joined to buy an unlocked upgraded iPhone every year from Apple without having to sell my previous phone elsewhere -- and I hoped, apparently wrongly, that by providing a guaranteed sale I would get a leg up on launch day. It has proven to be just the opposite.
I really love the hype and community that develops around these launches... tracking the delivery progress and all of that. Despite my best efforts, I've never received a phone on launch day. Of course I can wait, and will wait, like always. But I'm a bit disappointed.
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How is someone on the IUP more valuable to Apple than me, who buys his phones at full price every year? IUP is the surest way to NOT get a phone on launch day, since you're locked into one purchase option. I can buy from Apple, Verizon, Best Buy, Target, etc. If one site/option fails, you hit another. Not sure the logic behind this "IUP customers are more valuable."
Because IUP participants are guaranteed buyers through the Apple channel with AppleCare+. Full price buyers could opt to sit out a launch or to switch to Android, for that matter. IUP has committed to Apple on an annual basis. It's a major win for Apple.
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Buying new hardware every year certainly makes someone a valuable customer. But the "Most Valuable" customers are the ones that subscribe to the many Apple services and purchase digital goods. Are you a customer that uses Apple Music? Do you pay for iCloud storage? Are you purchasing all your movies through iTunes? That's what Apple Values in a customer.
By selling you an iPhone, iPad or MacBook Apple has essentially made you pay for the store. It's what you buy from that store that makes you valuable.
Yes, but the device is the vector to deliver all those services. You gotta have that hardware or the service ecosystem isn't of use...