Radio Shack to accept pre-orders for the new Apple iPhone 6 despite possible bankruptcy filing

Radio Shack to accept pre-orders for the new Apple iPhone 6 despite possible bankruptcy filing
Radio Shack is planning on accepting pre-orders for the Apple iPhone 6 and Apple iPhone 6 Plus on Friday, despite a rumor that the national electronics chain is on the verge of filing for bankruptcy. Starting September 12th, Radio Shack will accept pre-orders for Apple's new handsets. The phones will be in stores starting September 19th.

Any iPhone 6 or iPhone 6 Plus model purchased by September 27th will be accompanied by a $50 iTunes gift card. Those signing a new or upgraded two year contract with Verizon, will also receive a $50 gift card from NFL.com. And if you bring in a trade, you could end up paying very little for your new iPhone 6. Those trading in an Apple iPhone 5s or Samsung Galaxy S5 will receive as much as $300 in a trade-in from Radio Shack. That means that both the 16GB iPhone 6 ($199.99 on contract) and 16GB iPhone 6 Plus ($299.99 on contract) would be covered by the amount of the trade-in.

But this morning, Radio Shack announced that it might file for bankruptcy. Wedbush Securities Inc analyst Michael Pachter said that he would be surprised if the company did not file before November 1st. The company just reported its tenth straight quarter of red ink, and says that there are other options it can pursue including a sale of the company. For its latest quarter, Radio Shack reported a 20% decline in same-store sales, and total sales were the lowest in twenty years.

With Radio Shack rumored to be looking at a bankruptcy filing, should iPhone 6 and iPhone 6 Plus buyers feel that their money is safe? How will a bankruptcy affect supplies of Apple's new devices at Radio Shack? With so many carriers and tech retailers offering the new models, you might not want to take the risk of dealing with Radio Shack. We have a call into Radio Shack and as soon as they respond, we will pass along the information to you.

source: RadioShack, Reuters

UPDATE: RadioShack has responded to our calls with an e-mail statement.

Related phones

iPhone 6
  • Display 4.7" 750 x 1334 pixels
  • Camera 8 MP / 1.2 MP front
  • Processor Apple A8, Dual-core, 1400 MHz
  • Storage 128 GB
  • Battery 1810 mAh(14h 3G talk time)
iPhone 6 Plus
  • Display 5.5" 1080 x 1920 pixels
  • Camera 8 MP / 1.2 MP front
  • Processor Apple A8, Dual-core, 1400 MHz
  • Storage 128 GB
  • Battery 2915 mAh(24h 3G talk time)

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10 Comments

1. zeroligerx

Posts: 2; Member since: Sep 11, 2014

I currently working for Radioshack. Im not gonna lie but if anyone is gonna preorder a Iphone 6 or 6+ make sure that radioshack is an iphone store to begin with. Cause I remember when the 5s and 5c came out and about 5-7 stores didn't get any in and I had to send all of the ones i got in to those stores. Which cost me soooooo much in sales. The bankrupty is nothing new.

2. OldNorseBruin

Posts: 235; Member since: Mar 12, 2013

With the legion of iCHUMPS ready to cut off their schlongs for these POS, this might actually put RadioShack in the Black! Kidding aside, I hope RadioShack survives!

4. AlikMalix unregistered

Let me translate what this guy actually sees apple customers like, and you decide if he needs therapy. "Apple consumers will cut off their reproductive parts to purchase feces (or stool) bits and somehow this will help RadioShack improve its business." What his brain told him to say: "Due to high customer retention, apple consumers may help radioshack get back into positive earnings because of new iPhones. (Which he doesn't understand why people enjoy using it and it's ecosystem).

3. ojdidit84

Posts: 462; Member since: Jul 16, 2011

RadioShack has been "possibly filing bankruptcy" since I left there in 2006. It's been a long and slow process but their demise will happen eventually.

5. zeroligerx

Posts: 2; Member since: Sep 11, 2014

If the iphone put us back in black then i'm buying all the people who comment on this form drinks

6. Mxyzptlk unregistered

Radio Shack's still around?

7. PAPINYC

Posts: 2315; Member since: Jul 30, 2011

Dear PhoneArena Readers, For those iFolks pre-ordering with Radio Shack, I will be selling the Brooklyn Bridge on Sunday via private auction. Please contact me if you have any interest. Bidding will be by invitation only and start at just $999.99

8. Mxyzptlk unregistered

Why are you selling your home?

9. zennacko unregistered

He's doing it so he'll have the money to stand in line at the Apple Store in NYC and get the latest iPhone, of course!

10. PAPINYC

Posts: 2315; Member since: Jul 30, 2011

iNeed2 so that iCan buy that iPhone 6 Extra; the one with the bigger screen. You know, iJust realized, iCan buy it and then resell it for an iProfit. Don't worry about me losing my home, I'm sure someone will take pity on me when they found out that i'M homeless (because I spent my money on an iDoodie.

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