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by PhantomGremlin
3543 days ago
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Verizon and the other major US carriers stopped subsidizing phones in the past few years. Except that Verizon just started subsidies again last month: https://www.verizonwireless.com/deals-landing/ Only they disguise it somewhat. Not sure if that shows up properly. But in September an iPhone 6 was "worth" $650 as a trade-in. As of yesterday it was still worth $650. Today it seems to be $100 less: Trade in and get iPhone 7 for $99.99.
Get up to $550 savings.
It's clearly a subsidy because an iPhone 6 isn't worth anywhere near $650 (or even $550) on the open market. Heck, I had an old iPhone 5C lying around that, last month, Verizon gave me $400 credit for toward an iPhone 7.If it looks like a duck and quacks like a duck ... |
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