iPhone 6 Is Far More Pricey Than You Thought

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iPhone 6 Is Far More Pricey Than You Thought

If you thought that Apple Inc. (NASDAQ:AAPL)’s latest iPhone 6 costs $199 for 16GB, $299 for 64GB and $399 for 128GB, you can’t be more wrong. Apple says on its website that the iPhone 6 pricing begins at $199. But the actual amount you’ll pay on a two-year contract is much higher. These subsidized figures include hidden costs that inflate the price over time.

iPhone 6 doesn’t cost $199

However, Ed Bott of ZDNet notes that average buyers can’t figure out the hidden costs without exhaustive research. That $199 is the upfront cost of the entry-level 16GB iPhone 6. The contract prices include $450 subsidy by telecom operators. Note that carriers are not charity organizations; they make sure that they recover that subsidy, plus some more. Depending on which carrier you choose, you sometimes end up paying hundreds of dollars more than buying an iPhone 6 outright.

Massif Capital’s Top Short Bets In The Real Asset Space [Exclisuve]

Screenshot 2022 08 10 18.57.51 1Since its founding by Will Thomson and Chip Russell in June 2016, the Massif Capital Real Asset Strategy has outperformed all of its real asset benchmarks. Since its inception, the long/short equity fund has returned 9% per annum net, compared to 6% for the Bloomberg Commodity Index, 3% for the 3 MSCI USA Infrastructure index Read More