Apple financing scheme may unlock U.S. carriers’ iPhone plans
Apple Inc's financing plan for its new iPhones is likely to force U.S. carriers to work harder to win and retain customers. Apple announced a program on Wednesday that will allow customers to finance unlocked versions of the new iPhones through monthly installments starting at $32, regardless of which carrier they choose. “Simply, carriers must respond by ensuring their installment plans and terms are competitive versus those from Apple and double down on differentiation based on network and tariff,” said Geoff Blaber, an analyst with CCS Insight.