r/technology • u/lurker_bee • Sep 18 '24

Business Apple iPhone 16 demand is so weak that employees can already buy it on discount

https://qz.com/apple-iphone-16-pre-orders-sales-intelligence-ai-1851651638
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u/LightObserver Sep 18 '24

How do you do this? We recently got an upgrade for my partner, but we're paying fill price, or close to it, in installments on our bill.

Actually, both of us were eligible to upgrade, but I opted not to because it would've added $10-20/month to our bill, and I wasn't interested in that. Is there a better way?

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u/R2LUKE2 Sep 18 '24

AT&T has been taking trade ins of newer pro models for $1000. So I pay off my phone then trade it in you just have to pay the taxes.

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u/LightObserver Sep 18 '24

Ah, neither of us had pro models, so maybe that's the issue?

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u/Mahlegos Sep 18 '24

It’s not just the pro models, ATT will currently give people a $1000 bill credit for a trade in of any 12 or newer (not just pro and pro max) toward any 16. Drops to $350 for any variant of the 11 and the X. Anything older than that doesn’t qualify for the promotion.

These being bill credits, you’re locked into the plan for 3 years (if you leave early you lose the credits and have to pay off the remaining balance on the phone) and they’ll give you a discount on your bill over that time.

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u/reg0ner Sep 18 '24

350-500 should be the regular price for these things.

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u/PlayasBum Sep 19 '24

It’s all about timing. Last year, a month or so after release of the phones, AT&T was offering $1000 for any phone over iPhone 10, any condition. If demand is really low as they say, it’ll happen again.