Maybe because it covers certain types of accidental damage? Acting like an insurance plan protecting the "bank's" product.
Exactly. We all just need to face the fact that we have moved into the realm of leasing phones.
Maybe because it covers certain types of accidental damage? Acting like an insurance plan protecting the "bank's" product.
This will be a huge profit maker for Apple. It gives the illusion of a 0% finance option to customers and yet Apple get to take back the old iPhone after that year. If an iPhone retains 50% of its value after 1 year then this actually equates to an APR of 100% which is massive... (I.E. You end up with 0% equity at the end of a year rather than 50%)...
I wish Samsung corporate would just get it over with and finally take the most important step in their transformation: announce a new logo and make it a fruit.
I wonder how much cash is needed for this type of program. Essentially Apple is floating the cost of the iPhone for everyone on the lease program, right? I wonder if Samsung can actually afford this.
I wish Samsung corporate would just get it over with and finally take the most important step in their transformation: announce a new logo and make it a fruit.
Ok this post works. But the rest of the fanboy rubbish in this thread is pathetic. How about Apple copied Samsung by making a phone at all?It's not so much that Samsung isn't allowed to do this too, it's that they announce this stuff DAYS after Apple does, change the name a little bit, and then release it half baked. It just makes them look pathetic and unoriginal.
... and surprised nobody.
We can all agree that Apple and Samsung copy each other. If you don't, you need a reality check and a slap in the face.
Also remember that Samsung had documents that said to COPY the iPhone when it was released years ago.
When financing anything, the devil is always in the details. I long ago stopped buying phones on contract. If I can't buy it outright, I tend not to buy it. That's my philosophy with most consumer purchases.First of all Samsung has a bunch of money, also. Second, if you look into the terms and conditions of the Apple upgrade program you will see that it's actually being underwritten by a bank.
Apple has partnered with a bank. Those who wish to get onboard with the Upgrade program will have to submit to a credit check, and will be in essence leasing the phone from the bank. They will have an option to continue buying it at the end of one year, thereby continuing to pay for its "residual value." Or they can turn it back in, forfeiting any "equity" they may have in it, and start a new "lease."
I have an appointment set up for Friday to upgrade my iPhone 6, that will be out of contract on that day. But I have been reading the fine print, and here's my problem: The Upgrade documentation says that, in order to get the phone in the Upgrade program I have to "activate" the phone on a new or existing service plan with a carrier (emphasis added by me):
"...The Financed iPhone requires activation on a new or existing wireless service plan with an eligible carrier under the carrier’s terms, and may be subject to an additional fee charged by your carrier."
I already have a service plan with Verizon, and a SIM card that I can just pull out of my old phone and drop into the new phone. I don't want to go through an "activation" with Verizon, and pay their stupid $35-$40 activation or upgrade fee.
Apple has held this whole Upgrade thing out to be "carrier independent," and the draw to going this route to me is the idea that I don't have to involve Verizon in the process, and I can just get the unlocked phone, and pop my Verizon SIM into it. Then I am independent of them, and can choose to move to another carrier later if I want.
But if I walk into the store on Friday and they want me to go through some activation routine with Verizon to get this phone I'm walking out.
-gets the list and puts on glasses-
Ahem. Well lets see what Samsung took from Apple after Apple introduced it
S-Voice
Samsung Pay
The Fingerprint on the home button
The Gear S2
The underside of the Galaxy S6
If you are coming to take on Apple saying that Apple copied EVERYTHING from Samsung, be sure to remember that Samsung isn't all innocent when ripping off Apple.
They have been using plus for years...I agree. Kinda like how Samsung all of a sudden after years of calling their bigger phones "note" changed it to "+" which in my opinion is pretty damn close to Apples "Plus".
Ironic....Samsung are bigger Apple fans than anyone here. They're totally obsessed!
Myth. In fact, that UI comparison document explicitly said to avoid closely copying the iPhone.
Most of it was along the lines of: "iOS has easier-to-access menus and fun animations. We should have those too".
No doubt Apple had a similar document which they used to gather ideas for all their soft/hardware updates over the past year or two, which has made their phone features more on par with Samsung Note phablets.
Like all companies do..Not myth. The doc reads like this:
iPhone has feature X.
Galaxy S1 is inferior in these ways. Recommendation: make Galaxy like iPhone by making this series of changes that wholly describe what the iPhone does/has, but take small measures to avoid accusations of copying.
The purpose of the document is obvious. Having one sentence at the end of each list of items to copy cautioning not to get caught certainly doesn't change that.
When financing anything, the devil is always in the details. I long ago stopped buying phones on contract. If I can't buy it outright, I tend not to buy it. That's my philosophy with most consumer purchases.
I've been using one at work a bit and have exactly the same reaction. It's buggy, glitchy, flakey, and infuriating to use, but the screen is gorgeous.I use to give Android guys slack but tried using a Note 5 in the store the other day and it was horrible... Only thing I'll give them mad props for is that gorgeous display.
all the phones make phone calls i think what can't be copied is in the implementation so I'm sure apples 3d touch is implemented diffrently then what ever you are referring tokinda like some of the features you just got on IOS 9 that Samsung has been doing
3d touch.....lol
Samsung is planning to follow in Apple's footsteps by launching its own Galaxy smartphone leasing program in the U.S. over the coming months, according to Forbes.The report does not offer any other details about Samsung's plans for the rumored smartphone leasing program, but the move would make sense as the wireless industry moves away from subsidized pricing and two-year contracts in favor of monthly installment plans and financing programs for payments.![]()
Apple introduced the iPhone Upgrade Program alongside the iPhone 6s and iPhone 6s Plus earlier this month, enabling customers to upgrade to a new iPhone every year with AppleCare+ warranty coverage included. Eligible customers who sign up for the program will have the full cost of their new iPhone broken down into 24 equal payments of around $30 to $45 per month depending on the model, plus a premium for AppleCare+.
After the first 12 monthly payments, the customer gains the option to trade in their iPhone for a new one and enter into a new 24 month installment plan to pay it off. The final cost of an entry-level 16GB iPhone 6s with AppleCare+ purchased through the iPhone Upgrade Program is $777.84, which is ultimately the same price as purchasing a 16GB iPhone 6s ($649) and AppleCare+ ($129) outright -- but with less due upfront.
AT&T, Verizon, Sprint and T-Mobile also offer their own carrier financing plans for iPhones and Galaxy smartphones, each breaking down the full price of the device into equal monthly payments.
Article Link: Samsung May Follow Apple by Launching Smartphone Leasing Program