Sprint ends leasing option for Android phones?

Sprint ends leasing option for Android phones?
A new report says that Sprint has ended its leasing program for Android phones. The wireless operator will continue to offer a leasing option for the Apple iPhone 6, Apple iPhone 6 Plus, Apple iPhone 6s, Apple iPhone 6s Plus, Apple iPhone 7 and the Apple iPhone 7 Plus. Wave7 Research has told its subscribers that Sprint has stopped offering leasing for the Samsung Galaxy S7, and has ended its Galaxy Forever program which required that Sprint customers lease the latest Galaxy S handset.

Sprint has been inconsistent with its announcements. In January, the nation's fourth largest carrier did away with two-year contracts and started offering a leasing option. One month later, the contracts were back. CEO Marcelo Claure had previously noted that the by the end of this year, Sprint would be offering its customers device-leasing exclusively; that appears to be out.

A Sprint spokesman refused to confirm whether it has in fact ended leasing of Android phones. In an email, a spokesman promoted the carrier's equipment installment plans. "Sprint offers $0 down (for qualified customers), interest free option on our installment billing product which is on all handsets. We work to ensure that our customers have as many options as possible to pay for their device in the most affordable way."

Thanks to a deal with Sprint's parent SoftBank, the latter had created a handset leasing company that provided the wireless operator with $1.1 billion in cash. This was done to allow Sprint to keep the financing of the leased handsets off of Sprint's balance sheet.


via FierceWireless

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21 Comments

1. fyah_king unregistered

So, they want everyone to buy iPhones?

12. sgodsell

Posts: 7456; Member since: Mar 16, 2013

The real truth is many Android smartphones including new ones already go for zero dollars on two years contracts. Not to mention many new Android phones can be purchased for $100 - $300 out right off contract. Also every month new Android smartphones arrive. So it's real easy to drop contracts for Android devices. Whereas Apple has to make those billions of dollars on overpriced hardware.

17. Mxyzptlk unregistered

"Whereas Apple has to make those billions of dollars on overpriced hardware" At least they don't explode. Seriously, stfu if you don't know what you are talking about because you obviously don't.

18. trojan_horse

Posts: 5868; Member since: May 06, 2016

iPhones have exploded several times. Google it! Besides, Samsung isn't the only OEM who manufactures Android devices. You're all about getting mad at those who call Apple out.

20. bigdawg23

Posts: 467; Member since: May 25, 2011

All phones have had this happen. However, the Note 7 unlikely other phones were put in a recall from a bad battery. Many other things like bad cords cause the issue or a phone in long use already very hot.

21. Nine1Sickness

Posts: 896; Member since: Jan 30, 2011

Samsung phone has exploded a ton of times. Ask Siri.

15. Finalflash

Posts: 4063; Member since: Jul 23, 2013

Yea, because they're probably stuck with inventory that won't sell as quickly as they expected. Since Apple forces carriers to buy iPhones from them, it forces the carrier to push the iPhone in order to make back their money. So this pretty much confirms the sales declined of the iPhone 7.

2. MrElectrifyer

Posts: 3960; Member since: Oct 21, 2014

Interesting that the device that's "for the rich" remains available on lease. Wouldn't be surprised if there's some carrier agreement with apple that restricts them to only offering iDevices on lease to make them more appealing to budget conscious buyers...

4. NarutoKage14

Posts: 1327; Member since: Aug 31, 2016

Unless I'm mistaken they signed a 5 or 10 year agreement with Apple when they originally got the iPhone. Also unless I'm mistaken, carriers sign agreements to pay Apple a minimum $ amount wether they sell enough iDevices or not over a contract period.

16. Finalflash

Posts: 4063; Member since: Jul 23, 2013

It's not a minimum, it's the price of the iPhones. If they want to stock iPhones they pay for them upfront. This likely means that based on pre orders sprint ordered too many and is now stuck with excess inventory.

3. eman99

Posts: 410; Member since: Aug 03, 2010

Its better than paying payments every month 2year iPhone 7 plus with my trade in I just paid taxes and the phone is mine

5. ctdog4748

Posts: 797; Member since: Mar 05, 2016

Most android users will be relegated to purchasing their devices for full cost upfront, since statistically most android users have poor credit scores, hence they won't qualify for a lease program.

6. MrElectrifyer

Posts: 3960; Member since: Oct 21, 2014

Sources? Or just your usual arrogance behind a keyboard again?

9. ctdog4748

Posts: 797; Member since: Mar 05, 2016

Sissy246 is a source.

7. sissy246

Posts: 7124; Member since: Mar 04, 2015

WOW you really are that dumb if you really think that.

11. fyah_king unregistered

That's funny, I work at a social service office. I'd say 80% of the people that goes there to turn in their medical and food stamps paper work has an iphone.lol

8. sissy246

Posts: 7124; Member since: Mar 04, 2015

There will be a lot of customers leave them.

10. lmao2016

Posts: 86; Member since: Mar 17, 2016

Sprint is hardly ever compatibility with the Android phones.

13. andynaija

Posts: 1262; Member since: Sep 08, 2012

And your sentence doesn't make any sense.

14. Derekjeter

Posts: 1531; Member since: Oct 27, 2011

They should get away from leasing program. Every carrier should. It's T-Mobile fault for bringing this s**t and all the carriers following. Everyone should bring back two year contracts and if you can't afford to pay 200-300 for a phone up front then you shouldn't be buying one.

19. young0ne

Posts: 32; Member since: Jul 28, 2012

T mobile jump on demand is cool i like the fact i can switch phones 3 times in a rolling yeaj it comes out cheaper

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