As the pre-order date of the much-awaited iPhone X is nearing, carrier networks in the United States are raining down discounts and offers to make the premium phone more affordable. Apple will start taking the iPhone X pre-orders starting Oct. 27, this Friday. Deliveries for the ordered units will start Nov. 3, the same time when the phone will hit the store shelves.
iPhone X discounts and offers
Starting from Sprint, the network carrier via its Flex leasing plan is offering the 64GB iPhone X at $22.22 per month for 18 months. The plan will save the user a straight $19.45 per month. Similar to the iPhone 8 deal, here also the customers would get the discounted price only for the first 18 months.
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In case the user opts to continue with the phone (instead of trading in to Sprint for a new lease) under the Sprint Flex lease plan after 12 months, they need to pay a full $41.62 per month for the rest of the six months. Even then, the iPhone X, which comes with the hefty price tag of $999, will cost somewhere around $649.68 to the customer on the Sprint carrier plan.
Verizon also announced its own iPhone X discounts, giving customers a chance to save about $300 on the new device with an exchange offer. Verizon is offering the deal to the current Go Unlimited and Beyond Unlimited subscribers. However, a new customer who wants to sign up for the plan is also eligible for the iPhone X discounts and offers. To get the full discount, users must hand over their iPhone 6s or iPhone 7.
Similar to Verizon, T-Mobile is also offering about $300 in iPhone X discounts if the customer has the device that is eligible for trade-in. A customer can choose from the “Equipment Installment Plan” or the “Jump! On Demand” program, and the credit is paid out over 24 monthly installments.
Can iPhone X cover up for iPhone 8?
For Apple, the iPhone X sales number will be more crucial because the excitement around iPhone 8 has been somewhat muted. A recent Consumer Intelligence Research Partner report claimed that the iPhone 8 is selling just like any other ‘S’ version of the iPhones.
Several analysts believe that people are waiting for the premium offering – iPhone X. Trusted analyst Ming Chi-Kuo even believes that the iPhone X could help Apple sell record numbers of iPhones in 2018. Kuo is, however, one of the few of those betting on iPhone X sales after witnessing the lukewarm response to the iPhone 8.
Amid all the expectations around the release of the iPhone X, a buzz going round could affect the sales of the premium phone. A recent report in China’s Economic Daily claims that the iPhone 9 models in 2018 would borrow some features from the iPhone X, but would be available at a lower price. The report states that two smartphones that will come out next year are code-named Lisbon and Hangzhou. Lisbon would be the high-end phablet-sized phone and Hangzhou would be the affordable model.
On Monday, Apple shares closed down 0.05% at $156.17. Year to date, the stock is up almost 35%, while in the last three-months, it is up almost 4%.