For example I can purchase an iPhone 14 Pro Max from my carrier for $0 upfront and payments of $41.79CAD over 24 months. The retail price of the phone is $1539. $41.79*24 months = $1002.96. How is it possible that the carrier is essentially selling the phone for significantly less than the retail price? Am I missing something?
In: 0
You are missing two important things.
1. The retail price is not what the carrier paid for the phone they paid less than the retail price.
2. Your monthly phone includes plenty of profit for them to make up for any perceived loss on the phone’s price.
You don’t mention your contract status but you are probably tied into the carrier with a contact to get the phone. You are correct to be suspicious, if they gave you a phone it would be obvious that they charge you for it as part of your m ok monthly bill. If you want to try and figure out what the real cost to you is.
Compare what the carriers lowest cost prepaid , bring your own device no-contract price is. I am paying 20$ a month US for 10 gigs of data. The retailer charges more than $40 for that plus fees.
Latest Answers