When T-Mobile USA first started offering the iPhone 5, it had the cheapest deal in town: $100 up front (not including the monthly bill) — which is half the cost of the iPhone on a rival network like AT&T or Verizon Wireless. But now the cost of the iPhone on T-Mobile is closer to the competition, at $150.
David Carey, an executive vice president for T-Mobile, said the initial $100 price of the iPhone 5 was a 30-day special tied to the introduction of the phone; that promotion ended Sunday. The iPhone’s down payment is now $150, plus a $20 device fee every month for two years, totaling to $630 for the device over all. That’s still cheaper than buying an iPhone 5 at full price from Apple at $650.
The expected iPhone 5S will see an extended delay in delivery, while iPad Mini demand is softening, according to a research note from Citigroup Capital Markets. The note also claimed a Retina MacBook Air is coming.
“We have previously written that iPhone5S, despite an accelerated design phase, was modestly delayed from June to July,” wrote Citi’s Glen Yeung in a research note Sunday. “With input from Citi’s Taiwan-based technology research team…we now believe that a further 1- to 2-month delay (from July to August or September) is possible, likely stemming from volume production issues.”