Refurbished iPhone 4S starts at $100, courtesy of RadioShack
0. phoneArena 25 Jul 2012, 00:20 posted on
In case you want to own an iPhone badly, but your budget can't quite handle it, RadioShack is promoting an iPhone deal that you might want to take into consideration. Both Verizon and AT&T iPhone 4 and iPhone 4S smartphones are available at a discount price with an upgrade or a new 2-year commitment...
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1. SonyFTW2020 (Posts: 305; Member since: 03 May 2012)
they could reduce it to $0 and i still wouldn't buy an iphone, honestly if i had enough money to buy an iphone, I wouldnt....lol, id buy a top end android phone
2. mas11 (Posts: 1033; Member since: 30 Mar 2012)
They are also selling BRAND NEW DROID RAZR's for the same price. The DROID RAZR comes with 4G Lte, a 4.3" screen, a full GB of RAM and a 1.2 GHz Processor. Sure the next iPhone will likely have 4G Lte and a GB of RAM, but you can get it now for only $99.
3. SonyFTW2020 (Posts: 305; Member since: 03 May 2012)
yea, I like the new droid incredible 4g lte thats the phone im seriously thinking about gettin. It has all the right specs and the size is right where i want it to be, also to make it even better it has a REMOVABLE battery....hell yea
7. darkvadervip (Posts: 350; Member since: 08 Dec 2010)
This article ain't about android or price comparison. Let it rest! Either buy the phone or not.
8. CapedCrusaderRobin (Posts: 31; Member since: 19 Dec 2010)
they need to sell as many iphones as possible, biz wise they are hurting !
RadioShack stock hits all-time low after retailer reports unexpected quarterly loss
Memo to retailers: iPhones and profit margins don’t mix.
RadioShack shocked investors yesterday with an unexpected quarterly loss that sent its shares to an all-time low — and the company blamed its short-circuited margins on Apple’s iPhone.
Shares of the struggling electronics chain tumbled 29 percent to close at $2.60 — their lowest level in more than three decades on the stock market.
Immediately, fresh questions about RadioShack’s future surfaced.
“The iPhone is a huge, huge part of the problem,” according to Anthony Chukumba, an analyst at BB&T Capital Markets, who in March slashed his profit forecasts for Radioshack on iPhone-related concerns.
On the positive side, iPhones are luring more shoppers to RadioShack outlets, which have been losing customers to fast-growing competitors like Amazon.
But iPhones also carry skimpy margins compared to other, less popular smartphones, Chukumba told The Post.
The Fort Worth, Texas-based chain’s gross margin on a Motorola Droid RAZR phone, for example, is about 33 percent, while its margin on a BlackBerry Bold is about 40 percent, according to BB&T.
The iPhone, however, carries a gross margin of just 14 percent, as the retailer, as well as wireless carriers AT&T, Verizon and Sprint, are forced by Apple to subsidize the purchase price.
Second-quarter gross margins got squeezed to 37.8 percent — a heart-stopping drop from 45.9 percent a year ago.
RadioShack suspended its dividend after 25 years as it looks to refinance its debt.
In a conference call with analysts yesterday, CEO Jim Gooch said the chain will carry the new iPhone slated for launch this fall. Margin pressures will likewise continue, Gooch admitted.
RadioShack lost $21 million, or 21 cents a share, in the second quarter, compared with net income of $24.9 million or 24 cents a share, a year earlier.
Sales rose 1.2 percent to $953.2 million, but missed Wall Street’s forecast of $970.4 million.