That’s fine, I’ll just buy used phones instead again. I will never go back to using big carriers who want me to pay twice as much as a MVNO.
You can still buy unlocked phones, you just can’t finance them with Apple Card monthly installments.
Couldn’t do it to myself, there is a reason MVNOS are cheaper they get deprioritised access to the network and the big one they collect all your data for selling.
This is a pretty shitty move on Apple’s part. It’s sort of ridiculous that you can’t finance Apple’s flagship product on Apple’s card, the way you’d want. Carrier or no carrier. I don’t finance generally but I guess there’s no incentive to use the Apple card for those that want to finance. I think this is a bid to help out carriers with declining profits, but they seem to be shooting themselves in the foot here.
More likely it’s GS trying to cut down on their risky investments given the current economic situation. These unsecured 0% internet loans are very risky for banks and have absolutely no reward, and since banks are tightening up their credit card lending this is a good way to cut that down without lowering credit limits or denying applications. Lower sales in this case is exactly what they want - the number of people skipping the 15 because of this is low enough that the decreased risk is worth it for Apple and GS
I’m curious whether or not “carrier connection” includes prepaid mobile plans or if it’s shorthand for “contract-only”.
https://support.apple.com/en-us/HT211204
Apple Watch financing is also going from 24 -> 12 months which I can see GS pushing for this change. It allows them re coup the money they lent out quicker.
The carrier restriction is such an odd move though. Presumably this would be some deal between Apple and the big three and Apple gets a cut for only having those carriers as options?
On the flip side does not bother me personally too much. I’m on a 4 year (or break) cycle and I still have 2 more years to go for now. Would not consider a big three ever. The savings from picking a MVNO in the US are plenty.
It’s less and less compelling to upgrade anyway. Sucks for those that are ready to though.
I have been dealing with my iPhone 8 waiting for USB C iPhone. 15 looks like it may be a great upgrade and assumed having Apple Card would allow me to finance without having to be a part of one of the big carriers.
I’m happy with the mini form factor and don’t want a heavy phone. I don’t use it gaming, so it doesn’t have to be the latest and greatest. I was waiting for usb-c but I’m afraid the mini will never return. So, I might just stick with this until it works no more.
I think the 13 mini will return as the next SE
That would be awesome. With USB-C!
The explanation from Apple does not give “why” they are removing financing for carrier unlocked phones.
Is this pushback from the major carriers?
Is GS trying to reduce their liability by offloading financing to major carriers?
So many questions unanswered.
People say GS, but I feel like financing iPhones only makes up a tiny part of Apple Card lending.
It really is strange and upsetting they didn’t explain this move. I’m on a friend and family plan and it’s way easier to just buy the phone on my own and do a sim transfer than to call my account holder friend and make him take time out of his day to setup my phone
I feel like it has to be some sort of contract renegotiation between Apple and the carriers, doesn’t make a lot of sense for Apple to just do this independently.
