Livingstone

The Impending iPhone Subprime Crisis

rickyv:

Since there are no results on Google for this term, let me be the one to coin it.

The iPhone Subprime Crisis is what will happen as a result of Apple lowering the point-of-entry price of a new iPhone while increasing the overall cost of ownership over the two year term of the contract (up to $2700!).

People who thought they couldn’t afford an iPhone when they cost $400 now (falsely) feel like they can afford one when it’s $200. After a few months of heavy bills, as the “cell contract foreclosures” begin, look out for a lot of used 3G’s coming to eBay.

Notes

1. brianstorm reblogged this from rickyv and added:

   good analogy. RVV is sort

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7. tucker reblogged this from rickyv and added:

   Yeah, I’ve been worried about this, but think about...peoples’ own fault for not checkin...

8. photosgo reblogged this from rickyv and added:

   real trooper This is something I always knew deep down inside. I just...bring myself to...

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14. sharkhoodies reblogged this from rickyv and added:

    yeah. such bullshit.

15. buzz reblogged this from rickyv and added:

    Ricky Van Veen’s GET EXCITED:...service was one reason I was initially resistant to

16. shajir reblogged this from rickyv and added:

    especially true for those who are not used to monthly data plans along with their voice plans. However, if

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