Today is the day T-Mobile starts selling the iPhone 5 for the incredible price of $99.00 with two-year plans of monthly $20 payments. The new Uncarrier plans allow people to pay for the phone for a low price on a monthly basis along with low monthly service payments.
As expected, there are long lines of people who are waiting to purchase the phone today. Walter Piecyk (analyst for BTIG) tweeted a photo of one long line of customers. There are also various reports on Twitter that the long lines are everywhere.
Despite the fact that the iPhone 5 is six months old, there are still a lot of people who want the phone. T-Mobile’s potential may be small as it may represent just 26.1 million extra subscribers with Apple Inc. (NASDAQ:AAPL) phones but it could still give the Cupertino-based company a much needed boost in sales and give them an edge on their biggest competitor: the Samsung Galaxy S4.
Last year, there were huge lines for the iPhone 5’s arrival at AT&T Inc. (NYSE:T), Verizon Communications Inc. (NYSE:VZ), and Sprint Nextel Corporation (NYSE:S). Since this is a new report, we will have to wait for the actual numbers of new iPhone subscribers with T-Mobile and how it overall impacts the carrier. The iPhone 5 is now available through all four major carriers.
Here are some recent tweets regarding the big launch:
Phil Windley: There’s a line outside the T-Mobile store. Never seen that before. What’s up?
For those who want a cheaper phone, T-Mobile also offers the iPhone 4S and iPhone 4. The former starts at $69.99 with monthly payments of $20 and the iPhone 4 starts at $18.00 with monthly payments of $18. The iPhone 4 (the cheapest of the bunch) uses iOS 6 which means your phone won’t be out of date.
Now is the time to buy an Apple Inc. (NASDAQ:AAPL)’s iPhone if you have been waiting for a real deal.