On September 12, the world waited with bated breaths as Apple launched its new lineup of products, including the much-hyped 10th anniversary iPhone X, in its annual special event. While all eyes were on Apple, T-Mobile was well prepared to make the most out of iPhone’s latest reveal. The carrier wasted no time in announcing a lucrative deal, offering a $300 credit to customers trading in a good condition iPhone 6 or newer for any of the latest Apple smartphones.
Given the insanely steep price tag of the iPhone X – available at a base price of $999 – the credit offered by T-Mobile could prove to be a welcome relief for interested buyers. Apple also announced it would offer three months of free cellular services for the new LTE-enabled Apple Watch Series 3, which can be linked to users’ existing phone numbers and mobile plans. T-Mobile has also announced that users on its network can continue to use LTE services for the Series 3 after the expiration of the promotional offer at an additional cost of $10 per month. The company would use its Digits service to link Apple’s newest smartwatch to users’ existing plan.
T-Mobile CEO John Legere took to Twitter to announce the offer. He tweeted:
The #iPhoneX looks EPIC. & you know @TMobile will carry it! Plus we're giving you up to $300 off ANY new iPhone w/ trade-in!! pic.twitter.com/EADSP3WU7A
— John Legere (@JohnLegere) September 12, 2017
The offer is valid only for T-Mobiles users buying a new iPhone on equipment installment plan (EIP). The cost of the device is split over a span of 24 months (or other payment periods), so the $300 trade-in deal will also be divided over the same duration of time. An EIP is different from but linked to, T-Mobile’s hardware upgrade Jump program, on lines of AT&T Next and Apple’s iPhone Upgrade Program. Customers using EIP-financed devices would be eligible for Jump upgrade only after having paid off 50 percent of the cost. These Jump upgrades are priced in the range of $9-$15 a month. The trade-in deal may look lucrative on face value but it is riddled with intricacies. A lot of the benefits of this trade-in deal ride on whether you are looking to upgrade when the new version of the iPhone comes out next year.