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Apple introduces leasing program for iPhones and other devices

nytimes.com

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Re: Apple introduces leasing program for iPhones and other devices

#6
At the same time T-Mobile just announced they're finally going out to 36 month installment agreements on phones.

https://www.t-mobile.com/news/un-carrier/eip-flex-36

... though curiously, out of all the carriers, T-Mobile is now the first to start charging anywhere from 0% to 24% APR on their installment plans based on creditworthiness. I assume this is a signal that the era of 0% APR installments from carriers is going to start to disappear as well.

Sprint also got sued a few times over for offering leasing for cellphones - I wonder when the first lawsuits against Apple and Klarna are going to strike as well when consumers realize what they fell for.

Re: Apple introduces leasing program for iPhones and other devices

#7
Not sure why people are so negative about this, macbooks only really last a few years under heavy use anyway and most small businesses would love to pay $100/employee/month to make sure they all have hardware they need rather than trying to manage depreciation accounting and cash flow.

Eg often hardware over $1000 gets depreciated over 5 years but employee laptops get replaced every 3 years so subscribing can have a huge positive effect on cashflow

Re: Apple introduces leasing program for iPhones and other devices

#9

Not sure why people are so negative about this, macbooks only really last a few years under heavy use anyway and most small businesses would love to pay $100/employee/month to make sure they all have hardware they need rather than trying to manage depreciation accounting and cash flow. Eg often hardware over $1000 gets depreciated over 5 years but employee laptops get replaced every 3 years so subscribing can have a…

What exactly does "heavy use" mean? My MacBook Pro is now in its fourth year of daily development work. It doesn't show any kind of wear. So far I don't see any reason to replace it in the years to come. If nothing major changes I think I'll get another four years out of it.

Re: Apple introduces leasing program for iPhones and other devices

#10

Not sure why people are so negative about this, macbooks only really last a few years under heavy use anyway and most small businesses would love to pay $100/employee/month to make sure they all have hardware they need rather than trying to manage depreciation accounting and cash flow. Eg often hardware over $1000 gets depreciated over 5 years but employee laptops get replaced every 3 years so subscribing can have a…

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