Started By
Message

Apple CEO Says Financing iPhone X Can Work Out to Cost of Just a Few Nice Coffees Per Week

Posted on 11/3/17 at 1:16 pm
Posted by stendulkar
Member since Aug 2012
770 posts
Posted on 11/3/17 at 1:16 pm
quote:

While the iPhone X starts at $999 in the United States, with an even more expensive 256GB model available for $1,149, Apple CEO Tim Cook believes the price can ultimately work out to less than one cup of coffee per day.

On a conference call after Apple reported its fourth quarter earnings results on Thursday, Cook started by saying the iPhone X can be financed for as little as $33 per month at select carriers in the United States.

AT&T, for example, offers the base model iPhone X for 30 monthly payments of $33.34, which works out to exactly $1,000 over that period.

"I think it's important to remember that a large number of people pay for the phone by month," said Cook. "I think you would find you could buy an iPhone X for $33/month. So, if you think about that, that's a few coffees a week -- it's less than a coffee a day at one of these nice coffee places."




LINK
Posted by Teddy Ruxpin
Member since Oct 2006
39747 posts
Posted on 11/3/17 at 1:18 pm to
He's right you know.
Posted by southernelite
Dallas
Member since Sep 2009
53274 posts
Posted on 11/3/17 at 1:19 pm to
People will blast him for it, but he isn't necessarily wrong here. He probably should have kept his mouth shut about it though.
Posted by RandySavage
Member since May 2012
31323 posts
Posted on 11/3/17 at 1:19 pm to
Well it's true. Why should they price it lower when people are going to buy it anyway? This is capitalism. When you allow yourself to become a sheep this is the price you pay.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
122574 posts
Posted on 11/3/17 at 1:19 pm to
I guess if it's a Starbucks he is right.
Posted by Chad504boy
4 posts
Member since Feb 2005
169988 posts
Posted on 11/3/17 at 1:20 pm to
not to mention the amount of dependability on our phones these days and CONSTANT usage, we more than get our monies worth out of the devices.
Posted by efrad
Member since Nov 2007
18680 posts
Posted on 11/3/17 at 1:21 pm to
I don't understand why people are whining about the price.

Apple sells other, more affordable iPhone models. They even introduced a brand new cheaper phone this year so it's not like I'm talking about older models.

I don't bitch about the prices of Lexus vehicles when I can do just fine with a Toyota.
Posted by rondo
Worst. Poster. Evar.
Member since Jan 2004
77431 posts
Posted on 11/3/17 at 1:22 pm to
Why did they skip iPhone 9?


Also, why do people think that the new shite on the iPhone X hasn't been on the last 2 Samsung Galaxy phones?
Posted by mylsuhat
Mandeville, LA
Member since Mar 2008
49002 posts
Posted on 11/3/17 at 1:25 pm to
Posted by TheIndulger
Member since Sep 2011
19239 posts
Posted on 11/3/17 at 1:27 pm to
What are some other suggestions this wise man can offer the financially illiterate who desperately need this product?

Maybe he can advise on how to get better gas mileage. Or to buy store brand food instead of name brand. Or keep the A/C a couple degrees higher.
Posted by Breesus
House of the Rising Sun
Member since Jan 2010
67023 posts
Posted on 11/3/17 at 1:32 pm to
quote:

While the iPhone X starts at $999 in the United States, with an even more expensive 256GB model available for $1,149, Apple CEO


That's absolutely insane. Idiots throwing their money away.
Posted by jdeval1
Member since Dec 2009
7525 posts
Posted on 11/3/17 at 1:36 pm to
Do it OT. Send that stock to $200 for me.
Posted by Box Geauxrilla
Member since Jun 2013
19131 posts
Posted on 11/3/17 at 1:38 pm to
quote:




This image is inaccurate. It should show about 200 Starbucks cups on the left
This post was edited on 11/3/17 at 1:39 pm
Posted by BluegrassBelle
RIP Hefty Lefty - 1981-2019
Member since Nov 2010
101214 posts
Posted on 11/3/17 at 1:38 pm to
I think everyone uses the coffee analogy these days.

Want to go on a better vacation? Just skip that Starbucks and save up.

For just the price of a few coffees a week, you can sponsor a child in Kenya!

For just the price of a coffee a week, you can have great life insurance.

At some point you run out of fricking coffee.
Posted by cas4t
Member since Jan 2010
71121 posts
Posted on 11/3/17 at 1:40 pm to
but I already brew my own coffee, Tim.
Posted by wildtigercat93
Member since Jul 2011
113105 posts
Posted on 11/3/17 at 1:48 pm to
The same people who are gonna laugh at this price tag and logic, probably have rationalized a 600-800 a month truck note on a 60-80k Ford Raptor that they don't need.
This post was edited on 11/3/17 at 1:49 pm
Posted by Tigerdev
Member since Feb 2013
12287 posts
Posted on 11/3/17 at 1:58 pm to
Ever since the phone plans stopped subsidizing upgrades i stopped upgrading unless absolutely necessary
Posted by Celery
Nuevo York
Member since Nov 2010
11163 posts
Posted on 11/3/17 at 2:00 pm to
do people keep the same phone for 30 months?
Posted by StringedInstruments
Member since Oct 2013
19019 posts
Posted on 11/3/17 at 2:19 pm to
I don't know if the iPhone X needs to be the goal, but he's offering pretty basic financial advice.

$20/week in Starbucks coffee is $1040/year. $5/week in gas station coffee is $260/year. You'll save ~$800/year.

That's almost $25,000 in savings over the course of a career just switching to a cheaper coffee source.

Find two or three things to do that with, and now you can really start thinking about building a nice nest egg for retirement.
Posted by carhartt
Member since Feb 2013
7786 posts
Posted on 11/3/17 at 2:45 pm to
It might be ok if their phones lasted 30 months without becoming a slow useless brick. I’ve had an iPhone 6 as my work phone for almost 2 years. This damn thing is slow as hell. I’ve gotten so aggravated at it lately that I’ve wanted to throw it against the wall.
first pageprev pagePage 1 of 2Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram