“Verizon is set to launch a new promotion taking $100 off the iPhone 5 later this month, according to evleaks,” Zac Hall reports for 9to5Mac.
“Sprint currently offers $100 off for new iPhone customers switching from other carriers while T-Mobile offers its iPhone 5 for $99 with a financing option,” Hall reports.
<strongFull article, with evleaks' tweet, here.
MacDailyNews Take: Prepping for new iPhone model release sooner than later?
[Thanks to MacDailyNews Reader “Dan K.” for the heads up.]
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if rumors are true about a mid range model, then maybe they want to eliminate existing inventory.
If the iPhone 5 is as difficult to manufacture as they say, and yields are low, defect returns high and margins low, it would not make sense to keep on making them and selling at discount prices as the entry level one.
You couldn’t make apple sauce out of apple sauce if you tried.
Not really.
T-Mobile is selling iPhone for a slightly discounted retail price of $580, with a no-interest two-year loan and $100 down-payment (or at full price up-front).
Verizon seems to be afraid they’ll begin losing out big time to T-Mobile, since ordinary users don’t see the whole price, but only the up-front $200 down-payment, so they see T-Mobile’s offering as half off (silly, I know…!).
While T-Mobile is discounting the phone by about 10% (full retail price at Apple is $650), Verizon seems to be offering some 16% off by this $100 deal.
Still, T-Mobile’s deal is most likely still better for vast majority of people. When two years are up, the phone is paid off and the monthly bill drops by $20. With Verizon, it never does, and you keep paying that subsidy even when the phone has been long paid off.
Here we go
My son has been trying to find “5s” for a couple weeks and there are none to be found in any wearhouse anywhere.
If you order it from Verizon, you’re not getting their supply but what is coming from Apple at this point.
He should know, he kind-of works for them.
Funny, if this were another handset maker, MDN would be calling it beleaguered and desperate for sales. Nice two-face.
Samsung will complete by offering $800 off of every Samdung sux3.
I don’t understand T-Mobile’s new plans… And by that I mean that I do understand them.
Just not what they think are different. It’s the same thing as subsidising just shuffling around the dollars a bit. You are paying off your phone with a financing plan which is exactly the same as normal contract. I think you have also always been able to buy the iPhone unlocked and get your own plan. I don’t see what the difference is.
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