iPhone Upgrade Program now available from the online Apple Store
posted by Alan F. / Apr 25, 2016, 9:17 PM
Previously offered only inside Apple's brick and mortar stores, the iPhone Upgrade Program is now available from the online Apple Store. Brokerage firm Piper Jaffray computed that 250,000 iPhones were purchased as a result of the program during the holiday quarter. This was discovered by looking through Apple's December quarterly numbers and finding that the company was financing the purchase of $220 million worth of iPhones. At the time, Piper analyst Gene Munster said that 3% to 5% of all iPhone 6s units bought from the Apple Store were purchased using the iPhone Upgrade Program.
The iPhone that you buy from the Upgrade Program is an unlocked model. With the included Apple Care+ package, you are covered for up to two separate incidents of accidental damage.
If you're interested in the iPhone Upgrade Program, you no longer have to take a visit to the Apple Store. Simply click on the sourcelink.
source: Apple via AppleInsider
- Display 4.7" 750 x 1334 pixels
- Camera 12 MP / 5 MP front
- Processor Apple A9 APL0898, Dual-core, 1840 MHz
- Storage 128 GB
- Battery 1715 mAh(14h 3G talk time)
Posts: 6747; Member since: Sep 30, 2014
with that upgrade plan, did 16GB user will stuck with 16GB phone forever? and actually you just rent a phone for 12month for $389-$540, that phone isnt yours, after 12month you must give it back, and they'll lend you newer phone
posted on Apr 25, 2016, 9:39 PM 0
Posts: 2236; Member since: Jun 14, 2013
You don't have to trade it in every year, and you get to choose what you want if you do. As stupid and pointless as I find the 16GB size to be, there are a lot of people who still willingly buy it.
posted on Apr 25, 2016, 9:49 PM 1
Posts: 2318; Member since: Aug 14, 2014
Just curious, how much space does the latest version of iOS in its entirety use?
posted on Apr 25, 2016, 10:52 PM 0
Posts: 6794; Member since: Mar 29, 2012
After renting out the phone for 12 full month's and collect it back and sell it as refurbished. Give it a 10 to 15% discount. Each phone allow them to earn 1.5x. Plus subscription would give them a stable cash flow, lock in their customer base.
posted on Apr 26, 2016, 1:08 AM 0
Posts: 403; Member since: Jan 18, 2015
This instalment plan is awesome .
posted on Apr 26, 2016, 12:56 AM 0
Posts: 14967; Member since: Sep 25, 2013
It's cheap to go through the carrier Apple wants 32.41 or 36.58 per month for the 6S and 6S+ respectively. VZW wants 27.08 or 31.24 respectively (dont have to trade in anything) T-Mobile, I can't see the pricing unless I take the actual steps to buy.(dont have to trade in anything) If I trade in a phone, shouldn't i Get a lower cost? With VZW I don't have to trade anything and I get a lower cost. Unless you want an unlocked phone, its best to just go through the carrier. Oh and the monthly is being handled via Barclays Financial which has high rates on interest and you need to have a credit score that is above 680. With the carrier, its 24 payments at NO INTEREST! Which means if you use the carrier, you will save at least $20 per month on interest alone. What Apple is offering is not a good deal.
posted on Apr 26, 2016, 2:17 PM 0
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