Apple and Barclays partnering for T-Mobile iPhone payment plans?

t-mobileIn case you have been living under a rock recently, you know that T-Mobile is soon to be getting the iPhone. Also, if you know about Apple’s marketing strategy in emerging markets, you know that payment installment options aren’t that new of a thing to the Cupertino company. According to report from 9to5Mac, we are hearing that Apple has done something similar here in the US by partnering with Barclays. The supposed terms of purchase for the plan, which will be available in Apple Stores, will be paying $99 up front with a $20/month payment for the following 24 months (no interest). If you do the math, this matches T-Mobile’s UNcarrier plan for the device, which has the final price at $579. 9to5Mac has more info on how that’s possible:

Barclays will also be crediting customers’ accounts $70, allowing Apple Store customers to finance the T-Mobile iPhone for the same $579 price point as T-Mobile offers through its 24 month plan.

So there you go, that is how Barclays ties into the whole thing. It will be interesting to see what becomes of this, such as the other carriers’s responses to these UNcarrier plans. The iPhone on T-Mobile now comes in at a cheaper price than the normal unlocked iPhone 5 that is available from Apple, which is $649.

What do you think? Hope you carrier changes to this set up? Are you switching to T-Mobile? Let us know in the comments, or tweet me @TiP_Kyle.

 

Via: iDB, 9to5Mac

 

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