https://www.t-mobile.com/news/un-carrier/eip-flex-36
... though curiously, out of all the carriers, T-Mobile is now the first to start charging anywhere from 0% to 24% APR on their installment plans based on creditworthiness. I assume this is a signal that the era of 0% APR installments from carriers is going to start to disappear as well.
Sprint also got sued a few times over for offering leasing for cellphones - I wonder when the first lawsuits against Apple and Klarna are going to strike as well when consumers realize what they fell for.
Eg often hardware over $1000 gets depreciated over 5 years but employee laptops get replaced every 3 years so subscribing can have a huge positive effect on cashflow
Ridiculous.
> most small businesses would love to pay $100/employee/month to make sure they all have hardware they need rather than trying to manage depreciation accounting and cash flow.
Apple Ugrade is a personal program, not a business program. It does not appear designed to manage fleets of devices.
These personal plans make sense for people who want the latest and don’t like the hassle of reselling
VladVladikoff•49m ago
ImHereToVote•48m ago
Forgeties79•32m ago