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Apple may drop restocking fees on Verizon iPhone day

updated 06:35 pm EST, Sun January 9, 2011

Apple retail restocking fees gone with VZ iPhone

Apple may be planning a broad end to its restocking fees at retail that would help fuel its Verizon iPhone launch if claims Sunday are accurate. The company would permanently waive the 10 percent penalty for anyone returning a device in the usual two-week grace period, starting January 11, the same day as the special event. The unsourced 9 to 5 Mac claim didn't say for certain if it was a permanent policy or a promo timed with the Verizon deal, but it wouldn't be exclusive to the one device.

Company officials hadn't commented on the story.

If accurate, the move would likely be timed to catch recent iPhone 4 buyers who had bought into AT&T but wanted to choose Verizon instead. Apple is rumored to have anticipated high demand and to have produced up to six million CDMA iPhones for the first quarter of 2011 alone, many of which would go to Verizon. Some of these are likely headed to converts either frustrated with AT&T performance in their areas or else those willing to pay slightly more for Verizon's continued unlimited data plans.

Outside of the iPhone, the policy might help lure customers wanting to try Apple hardware but unwilling to pay for the experiment.



By Electronista Staff
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Comments

  1. Eriamjh

    Addicted to MacNN

    Joined: Oct 2001

    0

    If this was true...

    wouldn't they have implemented it 2 weeks ago?

  1. MyRightEye

    Fresh-Faced Recruit

    Joined: Apr 2008

    -1

    Nope, they'll just do refunds

    They've done it before.

  1. facebook_Dalton

    Via Facebook

    Joined: Jan 2011

    0

    why would they

    Why would apple want to give people there money back to switch to the same iphone. this would be a huge income source for them. Not only that but it would bump there stocks up. I can see where they want to do this because it could work both ways. If you give people there money back then they might be more willing to go to Verizon but if what people are saying is true that they would drop AT&T in a heart beat then apple would make 2 times as much money as they would have.

    Guess we are going to have to wait like we have had to, to see if it is true.

    Its like if one person says "blahh blahh blahh" then all the blogs and stuff repost it. I don't know if i believe Inside Sources anymore.

  1. testudo

    Forum Regular

    Joined: Aug 2001

    -2

    Re: why would they

    Maybe they see the Verizon version as being really, really, bad, they're expecting a lot of complaints and returns, and want to have the customers not feel Apple is gouging them.

    Plus it's to try to squelch the firestorm of whining from the crowd of 'special' people who feel the rules shouldn't apply to them because they're 'loyal' apple customers. Or the whining from the "What??? I just bought an iPhone on ATT and now you release one on Verizon! And if I want to get it on Verizon, I have to pay 10% restocking fee? Apple sucks!" crowd of idiots.

    Notice, by the way, that said policy and announcement were conveniently held on to until Christmas has passed the 2-weeks-ago mark. Thus all those people who got iPhones on ATT for xmas are stuck with their phones and no clear returns for them.

  1. testudo

    Forum Regular

    Joined: Aug 2001

    +1

    Oh

    If accurate, the move would likely be timed to catch recent iPhone 4 buyers who had bought into AT&T but wanted to choose Verizon instead.

    No, it wouldn't, since how many people just got a new iPhone in the last two weeks (as stated, Christmas is over two weeks ago).

    Some of these are likely headed to converts either frustrated with AT&T performance in their areas

    Or the LACK of ATT service in their areas. Hello to the Dakota's!

    or else those willing to pay slightly more for Verizon's continued unlimited data plans.

    Get them quick, because Wired says:

    It’s the beginning of the end for unlimited data plans on smartphones. Verizon Wireless, the largest U.S. mobile carrier, plans to stop selling unlimited data plans to new customers and instead introduce two service plans with monthly data caps.

    Gee, sound familiar. This was reported in September, and said 4-6 months from then. Gee, sound familiar iPad owners?

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