Apple has emailed customers enrolled in its iPhone Upgrade Program with instructions on how to get a head start on the iPhone 8 pre-order process.
Apple advises customers to open the Apple Store app on their current iPhone, choose their preferred iPhone 8 or iPhone 8 Plus model, and get pre-approved for an iPhone Upgrade Program loan. The window to get pre-approved ends tomorrow, Thursday, September 14, at 4:00 p.m. Pacific Time.
Pre-approved customers can then return to the Apple Store app when iPhone 8 and iPhone 8 Plus pre-orders begin on Friday, September 15 at 12:01 a.m. Pacific Time to complete the process.
This year, it appears that iPhone Upgrade Program members will be able to use a Trade-in Kit with a prepaid shipping label to return their old iPhone to Apple, rather than being forced to visit an Apple Store to complete the upgrade process. The mail-in option should make this year's launch a less frustrating experience.
While the iPhone X is Apple's new flagship smartphone, iPhone 8 and iPhone 8 Plus shipping estimates could become lengthy soon after pre-orders begin, so getting pre-approved is highly recommended.
Apple's iPhone Upgrade Program lets customers upgrade to a new iPhone after they have made at least 12 payments towards their current iPhone and trade it in upon upgrading. The full cost of the iPhone and included AppleCare+ coverage is spread out over 24 months with zero percent interest.
Here's the monthly cost breakdown for the iPhone 8, iPhone 8 Plus, and iPhone X in the United States. The program is also available in the UK.
At this time, the pre-approval process doesn't appear to apply to the iPhone X, which can't be ordered until Friday, October 27.
Even though I love tech, at the price these devices now cost, I’ve now decided to just upgrade every 2-3 years. I have the money, but just can’t justify the cost.
If your credit score is so marginal that a credit check is going to be the tipping point that makes you pay a higher interest rate or be denied a loan then you probably don't need to be financing a phone. Buy something decent for $250 outright that will last a couple of years and put the extra money toward paying down the other balances that would be ultimately causing your credit problems.
Ridiculous pricing. I long miss the days of subsidized iPhones. I'm still using my iPhone 5 which I paid $200 for. It has a cracked screen now and not the best battery, but in retrospect, it was the steal of a lifetime.
What gets me is that in the UK, the 64GB iPhone X is £56.45 compared to $49.91 in the USA. I've said it before and I'll say it again - Apple are definitely ripping Brits off!
I cannot fathom why do people fall into Apple's creative-financing rabbit hole.
Maybe I do not understand.
But this is what I have distilled (maybe possibly wrong):
1. The device is financed across 24 monthly payments without interest as a hard loan. 2. The loan is loaded with AppleCare+ and taxes, even though AppleCare+ is neither discounted (B&H) nor fully executed (see No. 5 below). 3. After twelve months (50% of loan) one can opt-in for a new hard loan. 4. But that requires turning-in as trade-in the fully-functioning device. 5. However, the market value of this unit is probably closer to 85% of its original cost (with AppleCare+ remaining for 12 months). 6. The AppleCare+ expense, which still has 12 months before expiration, gets washed-out. 7. The new loan will force another hard entry on your credit report, diminishing your credit score. 8. And, most insulting, if you decide to pay-off early the loan, Apple will pay back your used iPhone with an Apple Gift Card, for a fraction of its value. 9. Of course, you are responsible for the outstanding difference in cold cash.
A great deal for Apple and the financing company; lousy to every one else.
I really cant believe the 8 has those bezels heading into 2018. If not doing the X, at a minimum give it something like the old Xperia XA. iPhone bezels are ancient.
Wednesday January 25, 2023 9:40 am PST by Joe Rossignol
After announcing new Mac and HomePod models last week, Apple adjusted its trade-in values for select devices in the United States.
iPhone trade-in values decreased by up to $80, and most Android smartphones also went down. Mac trade-in values remained unchanged or increased by up to $40 depending on the model, while some Apple Watch models increased in value and others decreased. Trade-in...
Tuesday January 24, 2023 4:53 pm PST by Joe Rossignol
Apple's next-generation iPhone 15 Pro and iPhone 15 Pro Max are expected to be announced in September as usual. Already, rumors suggest the devices will have at least seven exclusive features not available on the standard iPhone 15 and iPhone 15 Plus.
An overview of the seven features rumored to be exclusive to iPhone 15 Pro models:A17 chip: iPhone 15 Pro models will be equipped with an A17...
Tuesday January 24, 2023 1:11 pm PST by Joe Rossignol
While the new Mac mini with the M2 chip has a lower $599 starting price, the base model with 256GB of storage has slower SSD read and write speeds compared to the previous-generation model with the M1 chip and 256GB of storage.
A teardown of the new Mac mini shared by YouTube channel Brandon Geekabit reveals that the 256GB model is equipped with only a single 256GB storage chip, while the...
Tuesday January 24, 2023 10:10 am PST by Juli Clover
Apple today released tvOS 16.3, the third major point update to the tvOS 16 operating system that originally came out in September. Available for the Apple TV 4K and Apple TV HD, tvOS 16.3 comes six weeks after tvOS 16.2, an update that added Apple Music Sing.
The tvOS 16.3 update can be downloaded over the air through the Settings app on the Apple TV by going to System > Software...
Monday January 23, 2023 10:06 am PST by Juli Clover
Apple today released watchOS 9.3, the third major update to the watchOS 9 operating system that first launched in September. watchOS 9.3 comes over a month after watchOS 9.2, an update that added new Workout functionality and Crash Detection optimizations.
watchOS 9.3 can be downloaded for free through the Apple Watch app on the iPhone by opening it up and going to General > Software Update. ...
Friday January 20, 2023 11:43 am PST by Joe Rossignol
In a recent press release, Apple confirmed that iOS 16.3 will be released to the public next week. The software update will be available for the iPhone 8 and newer and includes a handful of new features, changes, and bug fixes.
Below, we've recapped bigger features in iOS 16.3, including support for physical security keys as a two-factor authentication option for Apple ID accounts, worldwide ...
Tuesday January 24, 2023 1:45 pm PST by Juli Clover
The new M2-series MacBook Pro and Mac mini models launched today, marking the debut of the first M2 Pro and M2 Max chips. We have the M2 Pro Mac mini on hand, and thought we'd take a look at the machine and do a series of benchmarks to see how it fits into Apple's lineup.
Subscribe to the MacRumors YouTube channel for more videos. Base model Mac mini machines come with either an M2 or M2 Pro...
Monday January 23, 2023 10:09 am PST by Juli Clover
Apple today released macOS Ventura 13.2, the second major update to the macOS Ventura operating system initially released in October. macOS Ventura 13.2 comes more than a month after macOS Ventura 13.1, an update that added the Freeform app and other changes.
The macOS Ventura 13.2 update can be downloaded for free on all eligible Macs using the Software Update section of System...
Apple on January 23 released iOS 16.3, delivering support for Security Keys for Apple IDs, changes to Emergency SOS functionality, support for the second-generation HomePod, and more.
Top Rated Comments
Maybe I do not understand.
But this is what I have distilled (maybe possibly wrong):
1. The device is financed across 24 monthly payments without interest as a hard loan.
2. The loan is loaded with AppleCare+ and taxes, even though AppleCare+ is neither discounted (B&H) nor fully executed (see No. 5 below).
3. After twelve months (50% of loan) one can opt-in for a new hard loan.
4. But that requires turning-in as trade-in the fully-functioning device.
5. However, the market value of this unit is probably closer to 85% of its original cost (with AppleCare+ remaining for 12 months).
6. The AppleCare+ expense, which still has 12 months before expiration, gets washed-out.
7. The new loan will force another hard entry on your credit report, diminishing your credit score.
8. And, most insulting, if you decide to pay-off early the loan, Apple will pay back your used iPhone with an Apple Gift Card, for a fraction of its value.
9. Of course, you are responsible for the outstanding difference in cold cash.
A great deal for Apple and the financing company; lousy to every one else.
Did I get this right?