updated 11:41 am EDT, Fri July 5, 2013
Lowers down payment but raises monthly equipment cost
The US branch of T-Mobile has quietly adjusted its pricing scheme for the iPhone 5, reports note. Since July 3rd, down payments have been lowered by $4, bringing costs to $146 for 16GB, $246 for 32GB, and $346 for 64GB. The monthly equipment charge has been raised by a dollar however, leaving the iPhone 5 as much as if it had been bought unlocked through an Apple Store.
T-Mobile has changed iPhone 5 prices several times since it first started carrying the device in April. Introductory pricing was $99 plus $20 a month for two years, but in May the base cost rose to $150. The carrier may still be tweaking its new business model, which ditches service contracts in favor of spreading the cost of a phone over a long period -- unless a person already has an unlocked device.