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Apple announces new payment plan for iPhone
AppleWhen it comes to purchasing an iPhone directly from Apple, the company recently introduced the iPhone Upgrade Program. According to a spokesperson, the company is “on pace” to beat last year’s record of 10 million sales based upon weekend preorders versus last year’s, with the larger iPhone 6s Plus experiencing “exceptional demand”, per The Wall Street Journal. Under the Edge plan, I only had to pay for a percentage of the phone as I understood it. To upgrade every year, clearly selling the phone back to Verizon through a promotion or on eBay/Gazelle/etc. then getting a new one made the most sense. If you trade in your old phone, you can get an iPhone 6S for $15 per month plus $9 for their Total Equipment Protection program, which covers repairs and helps with lost or stolen phones. At this point, you’ve paid $388.92 for your iPhone 6s.
You already have a vehicle payment and a mortgage. A full quarter of the respondents, though, find the new iPhone Upgrade Program an enticing deal, and intend to sign up, not a bad number for a limited rollout.
When Apple announced their iPhone Upgrade Program alongside the 6S and 6S Plus, we figured we’d hold off on judgment until we saw final pricing plans from the four major carriers. A 16GB iPhone 6s Plus is $36.58/month, 64GB is $40.75/month, and 128GB is $44.91/month. The iPhone Forever plan allows you to upgrade whenever a new iPhone comes out as long as you make your payments, so the cost to rent for one year is just $288.
The rising conviction Apple’s financing plan will continue to get consumers to pay up for its smartphones is driving the stock higher.
Roi Carthy, chief marketing officer for Shine, an Israeli start-up that sells ad-blocking technology to telecom carriers, said that over time Apple could even try to play an enforcement role by setting standards for advertising in apps. The new iPhone-for-life project is available only in the Apple Stores, though you can reserve online, and only for eligible United States customers with valid credit. Is it price? Is it the ability to upgrade the device whenever you want? There’s been some confusion about exactly what bands the AT&T have, and it looks like the company’s iPhone 6 is the mostflexible carrier unit available. The standard lease is for 24 months. You will also have the added benefit of owning a true gold-plated gadget, if that is your thing. Payment options all vary depending on your credit and plans. It’s the same price as the others before.
