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Why wireless carriers are able to give out iPhone 14s – Brospar Daily News

The launch of the latest iPhone 14 series earlier this week sparked a slew of new promotions from wireless giants including AT&T, T-Mobile and Verizon. The three major US carriers have announced deals allowing eligible customers to get the latest Apple smartphones offering free under certain conditions, often including a deal on an older iPhone. For example, AT&T and T-Mobile are both offering up to $1,000 post-trade-in credit for the purchase of an iPhone 14 or iPhone 14 Pro. Verizon is offering up to $800 in credit after an iPhone 14 or iPhone 14 Pro trade-in, according to some of the deals Apple has collected and touted. While Apple managed to maintain the same base price of the latest iPhones for the previous generation, the iPhone 14 still starts at $799, while the 14 Plus model starts at $899. Meanwhile, the top-end 14 Pro model starts at $999 and the 14 Pro Max at $1,099. Carrier deals could help make the latest iPhone more affordable at a time when inflation is pressing consumers on all sides. According to Tom Forte, senior research analyst at DA Davidson, wireless carriers that already have extensive 5G infrastructure are also likely to offer these deep discounts when seeking customers to upgrade to 5G-enabled equipment. “They’ve invested billions of dollars in their 5G network, and they’re trying to get a return on that investment,” Forte told CNN Business. Since iPhone 12, released in 2020, iPhones can use 5G networks. “However, another reason I think they were able to do this is that the iPhone still held its value,” he added, noting that many deals include deprecation of older iPhone models. to get discounts or freebies on the latest devices. Many of these carriers then sell used and refurbished iPhones. In the US, at least, the latest iPhone 14 lineup also ditched the SIM card tray in favor of an eSIM entirely. By doing so, Apple is “fundamentally making the service change easier for consumers,” Forte said. “This may be another reason operators are more aggressive, or at least as aggressive as they have been since the 12th century, in getting consumers to sign up.” It’s important to read the fine print, however, as these agreements often take the form of contracts, a practice that has been common since mobile phones became commonplace. Strong note that if you take advantage of some of these promotions on the iPhone 14, but try to cancel the service after a month or two, you could be responsible for the “purchase price” of the new phone “well over- beyond the purchase price”. Carriers can also take advantage of the growing popularity of buy now, pay later plans among consumers in recent years, said Julie Ask, vice president and principal analyst at Apple Forrester. So over time, more and more people looking for options to buy a new iPhone may be particularly attracted to carrier deals that end up including discounts on devices and phone plans, even if they make longer commitments. “Willingness and interest in paying over time,” she told CNN Business. Still, she says, operators often want to “lock people up for at least a few years, so it’s the fine print that I’m looking for. ”

The latest iPhone 14 series, unveiled earlier this week, sparked a slew of new promotions from wireless giants including AT&T, T-Mobile and Verizon.

All three major US carriers have announced offers where eligible customers can get the latest Apple smartphones for free under certain conditions, which often includes offers on older iPhone models. For example, AT&T and T-Mobile are both offering up to $1,000 in trade-in credit toward the purchase of an iPhone 14 or iPhone 14 Pro. Verizon is offering up to $800 in credit after an iPhone 14 or iPhone 14 Pro. in, some rounded and vaunted offers Apple.

While Apple has managed to keep the base price of the latest iPhones the same as the previous generation, the iPhone 14 still starts at $799, while the 14 Plus model starts at $899. Meanwhile, the top-end 14 Pro model starts at $999 and the 14 Pro Max at $1,099. Carrier deals could help make the latest iPhone more affordable at a time when inflation is pressing consumers on all sides.

Wireless carriers that already have extensive 5G infrastructure can also offer these deep discounts when seeking customers to upgrade to 5G-enabled equipment, said Tom Forte, senior research analyst at DA Davidson.

“They’ve invested billions of dollars in their 5G network, and they’re trying to get a return on that investment,” Forte told CNN Business.

iPhones can use 5G networks since iPhone 12, released in 2020.

“I think another reason they were able to do this, though, is that iPhones have historically held their value quite well,” he added, noting that many deals include a write-down on older models. iPhone to get discounts or freebies on the latest equipment. Many of these carriers then sell used and refurbished iPhones.

In the US at least, the latest iPhone 14 series also ditched the SIM card tray in favor of an eSIM entirely. By doing so, Apple is “fundamentally making the service change easier for consumers,” Forte said. “This could be another reason for operators to be more aggressive, or at least as aggressive as they have been since the 12th century, in getting consumers to sign up.”

Still, it’s important to read the fine print, as these agreements often come in the form of contracts, a common practice since mobile phones became commonplace. Strong note that if you take advantage of some of these iPhone 14 promotions, but try to cancel the service after a month or two, you could be responsible for the “purchase price” of the new phone.

Apple and carriers are also likely to take advantage of the “buy now, pay later” plans that have grown in popularity with consumers in recent years, said Julie Ask, vice president and principal analyst at Forrester. So over time, more and more people looking for options to buy a new iPhone may be particularly attracted to carrier deals that may include discounts on devices and phone plans, even if they take longer commitments.

“Consumer willingness to pay and interest have increased over time,” she told CNN Business. Still, she said carriers often want to “lock people up for at least a few years, so that’s the fine print I’m looking for.”

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