T-Mobile Raises iPhone Price by $50, Down Payment on iPhone 5 Starts at $150
When 4th-place U.S. cell carrier T-Mobile launched the iPhone last month, customers could purchase it for a $100 down payment with 24 monthly payments of $20 to cover the full cost of the phone.
Now, however, T-Mobile has ended that promotion and the 16GB iPhone 5 has a $150 down payment with the same monthly payments, effectively raising the cost of the phone to $630 from $580 over the life of the plan, TmoNews reports.
The 32GB and 64GB iPhone 5 models have seen a similar $50 price increase. Buying a 16GB iPhone 5 through T-Mobile is still slightly cheaper than buying an unlocked iPhone from Apple. That phone is $650, though there is no monthly payment option.
Ah T-Mobile, I knew your introductory pricing of $99 down payment wasn’t going to last. As of today, T-Mobile will ask well-qualified customers to drop $149 as their down payment instead of $99 as has been the case since the April 12th launch. I don’t recall anyone or anywhere telling me the $99 price was only good for one month, but in hindsight I should have seen the writing on the wall.
T-Mobile will continue to take trade-ins of current iPhone models to reduce the down payment required. The company reported last week that it had sold more than 500,000 iPhones in less than a month after launch.
Popular Stories
Chase this week announced new perks for its Sapphire Preferred credit card, and one of them is a complimentary one-year Apple TV streaming subscription.
To get the free year of Apple TV, which typically costs $12.99 per month in the U.S., you must activate the card by December 31, 2026.
If you are already subscribed to Apple TV directly through Apple, the complimentary subscription from...
If you pay for extra iCloud storage on your iPhone, beyond the 5GB included for free, you might receive two more perks on iOS 27 at no additional cost.
First, Apple said there will be daily usage limits for some of the new and enhanced Apple Intelligence features on iOS 27, including image generation. However, the company noted that "increased access" is available with "most" iCloud+ storage ...
Apple's standard iPhone 18 model will launch in early 2027, based on comments from a partner in the company's supply chain that appear to corroborate rumors of a delayed spring release for the base model.
Apple typically works on an annual smartphone launch cycle where it releases the entirety of its latest flagship iPhone series in the fall, usually around mid-September. That appears set to ...
