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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

#73

Earlier quoted context omitted.

Take a look at the regular 17 then. Only slightly more expensive, a couple grams heavier but it will not be as much of a downgrade from your 14PM. The 17 is very good in the hands with that screen size. And it has an aluminum housing.

The regular 17 is cheaper than the Air, not more expensive. And it has a better camera and battery and a slightly worse processor (but still better than the 14 there). The next gen Air might be worth getting but the current one is an awkward model that only makes sense if you want it for its thinness. It is $200 more than the plain 17 with only one better feature (processor) other than thinness and $100 cheaper than…

In most of Europe the Air is cheaper than the 17.

The 17 Pro also has the benefit of the aluminum housing.

Re: Apple introduces leasing program for iPhones and other devices

#74

Earlier quoted context omitted.

The regular 17 is cheaper than the Air, not more expensive. And it has a better camera and battery and a slightly worse processor (but still better than the 14 there). The next gen Air might be worth getting but the current one is an awkward model that only makes sense if you want it for its thinness. It is $200 more than the plain 17 with only one better feature (processor) other than thinness and $100 cheaper than…

In most of Europe the Air is cheaper than the 17. The 17 Pro also has the benefit of the aluminum housing.

Is that the base price from Apple or with discounts to try and move the product?

Re: Apple introduces leasing program for iPhones and other devices

#75

Earlier quoted context omitted.

In most of Europe the Air is cheaper than the 17. The 17 Pro also has the benefit of the aluminum housing.

Is that the base price from Apple or with discounts to try and move the product?

Price in shops. The MSRP of the Air is higher.

Re: Apple introduces leasing program for iPhones and other devices

#76
post #66

Earlier quoted context omitted.

Why are capitalists doing this? I thought it wall all CuLtUrAl MaRxIstS??

Broadly, recurring models are profitable right now once you get that agreement set. People don't reason about $100/mo the same that they reason about $1000 upfront, nor do they generally consider total cost of ownership. They're bad at managing a flood of little spends in aggregate which is to the advantage of subscription models.

What you are saying essentially is the the red lentil soup is too delicious to consider.

Re: Apple introduces leasing program for iPhones and other devices

#77
post #40

Earlier quoted context omitted.

If anything, I think the terms for this are almost too good. You never end up paying more than the cost of purchasing the device outright if you decide to keep the device. And considering it can have a term of up to 30 months (24 month lease, with 6 months more before you're charged the remaining cost of the device), you've just gotten a zero percent interest loan for 30 months. That's actually cheaper than buying it…

The downside is that it causes people to buy phones they can’t afford because it seems cheaper. People don’t reason about $50 per month the same way they do about $1200. The mistake in your comparison is assuming the target customers were going to buy the phone anyway, when they weren’t.

What a paternalistic response. Apple provides a better deal than the typical telecom — not gouging the user on a lease-to-own program, and your response is the sheep are too dumb, best to take the option away for everyone?

If you want to fight that battle, then educate consumers. I'm all for education. Taking away reasonable options because some people aren't capable of making decisions in their own interest is the worst kind of nanny state behavior.

Re: Apple introduces leasing program for iPhones and other devices

#78
post #77

Earlier quoted context omitted.

The downside is that it causes people to buy phones they can’t afford because it seems cheaper. People don’t reason about $50 per month the same way they do about $1200. The mistake in your comparison is assuming the target customers were going to buy the phone anyway, when they weren’t.

What a paternalistic response. Apple provides a better deal than the typical telecom — not gouging the user on a lease-to-own program, and your response is the sheep are too dumb, best to take the option away for everyone? If you want to fight that battle, then educate consumers. I'm all for education. Taking away reasonable options because some people aren't capable of making decisions in their own interest is the w…

I think that’s a fair point, and my response wasn’t to suggest that financing is inherently a bad thing. I was replying to the question “doesn’t everyone win from this?”, and I believe the realistic answer is that no, Apple wins and financially uneducated people lose.
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