Apple will be offering carrier financing to new iPhone customers.
This can be Apple’s new move to drive up the sales of iPhone through its own brick and mortar stores, says a report from 9 to 5 Mac.
The financing options will be available on AT&T Next, Verizon Edge and T-Mobile Jump plans. Both Verizon and AT&T give customers a 20-month plan to pay off a device. AT&T also offers a 24-month option. Verizon gives customers a down-payment offer. All carriers require paying sales tax on the full price of the iPhone.
Reports say Apple is tentatively planning to begin the rollout of the programs on Wednesday, August 20th as a pilot. However,
Apple has not yet officially confirmed the details of this new initiative.
9 to5 Mac accessed the details from an internal Apple employee training material, the report says. The slides given in the material do not mention Sprint, which shows that Sprint has not been included in this program.