Verizon Cuts Price on iPhone 5 by $100 for Some Customers

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verizon_logo_500Verizon is offering a $100 discount on iPhone 5 upgrades to certain current Verizon customers, reports Gotta Be Mobile.

The change makes the iPhone 5 available for $100 with a two-year contract, one of the lowest prices we've seen for the device. However, Verizon said the discount is only being offered to certain "basic phone customers [who] are interested in moving to a smartphone".

The carrier did not elaborate on what qualifies customers for the deal and it also stressed that not every basic phone customer will be getting the offer, only those that it has identified as those who are interested in potentially upgrading to the iPhone 5.

The promotion will last until the end of next month which means that it will last through Apple’s WWDC developer conference which is set to kick off in the middle of the month.

Apple is expected to release a new model of the iPhone at some point this summer or fall.

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94 months ago

Verizon is subject to minimum yearly purchase requirements from apple, and they need to unload the pallets of iPhones building up in their warehouses.

So much for Shipped vs. Sold...


Disclaimer: work Verizon retail

You're wrong. Just wrong. When guessing, please append a phrase such as "in my opinion" or "it makes sense to me that..", then nobody can call you out as a lying troll. At any rate, Apple leverages something called JIT (just in time) inventory management with iPhones for Verizon. We MUST sell them in a specific order (by so called "born on" date) & report nightly sales to Apple. We can often trace back that a phone was in China as little as three days before it ends up on the shelf for sale. There simply are NOT warehouses filled up with iPhones that need to be sold as you laughably claim.
Score: 2 Votes (Like | Disagree)
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94 months ago

They probably do this to clear out stock or satisfy contractual obligations to shift a number of 5 models before the 5S announcement is made (at which point the 5 sales rate will tank until it gets reduced in price after the 5S is announced.)


Yup. Verizon eats another $100 so what? They just got you for 2 years.
Score: 2 Votes (Like | Disagree)
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94 months ago
$199, $99 or $.99. When smartphones cost nearly $100 a month I don't understand how these price points change people decisions. People actually buy the previous gen models for $.99 when the 24 month contract for the phone will cost you near $2400. Does another $100 make a difference?
Iphone 5S release is close enough that if you don't have the 5 by this point you might as well wait another couple months. Nothing great will probably be changed, but at least you get back on cycle instead of always being 8-10 months behind the curve.
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94 months ago

Desperate move. I've heard that iPhone sales are way, way down, but I didn't realize just how bad things really are.


Verizon is not Apple. Verizon sells data plans and I don't think they care whether it is iPhones or Androids, or Blackberrys, or Windows phones. They just want you to sign a contract and buy into a data plan.
Score: 1 Votes (Like | Disagree)
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94 months ago

Desperate move. I've heard that iPhone sales are way, way down, but I didn't realize just how bad things really are.


yes b/c 37 million iPhones sold is way, way, way down. :rolleyes:
Score: 1 Votes (Like | Disagree)
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94 months ago

Yup. Verizon eats another $100 so what? They just got you for 2 years.


And they start getting an extra $40-$60 a month for the data plan. Pays for itself in a couple of months. And if you go into the smartphone world you probably won't come back to a feature phone.
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