When T-Mobile finally began offering Apple’s iPhone 5 last month it did so in dramatic fashion, undercutting AT&T by $70. The iPhone 5 could be had for a down payment of $99 with monthly payments of $20 for 24 months, totaling a competitive $579.99. The launch price was only part of a one-month promotional offer, however. According to a leaked document obtained by TmoNews, a 16GB iPhone 5 will now require a down payment of $149, totaling $629 after 24 months. T-Mobile would later confirm the report. Both the 32GB and 64GB models are also set to see down payment increases to $249 and $349, respectively, and monthly payments for all three models will remain unchanged at $20 per month.
Apple issued a software update last month to help bring unlocked iPhones to T-Mobile’s network. The update allowed unlocked GSM iPhone 5 handsets to access the carrier’s service, however some users reported experiencing slower than normal speeds on T-Mobile’s 1900MHz band. TmoNews reports that developers Joseph Brown and Sky Zangas were able to hack the carrier update and increase HSPA+ speeds to their normal levels. The update can be done to both unlocked AT&T iPhone 5 units and T-Mobile’s own iPhone 5, and it doesn’t require the device to be jailbroken. TmoNews put together step-by-step instructions that can be viewed at the link below.
Apple on Thursday released a minor software update for the iPhone 5 only. The change log for iOS 6.1.4 includes just one entry — “updated audio profile for speakerphone” — and it is unclear if the new iOS build includes any additional bug fixes or enhancements. IOS 6.1.4 is available from Apple immediately as an over the air (OTA) update, and it should also be available for download through iTunes shortly.
The iPhone 5 has certainly been a hit but it doesn’t seem to have been the record-breaking, world-conquering hit that previous iPhone models have been. Part of this has been because many customers are still picking up older iPhone 4 and iPhone 4S models at reduced prices. And per Barron’s, UBS analyst Steve Milunovich thinks that part of the reason iPhone 5 sales have been “disappointing” is because an iPhone with a larger 4-inch display simply isn’t enough to get people excited in an era when Samsung is releasing phablets whose displays top 6 inches. More →
If iPhone sales volumes fall as low as some Wall Street analysts now expect during the spring quarter, the decline would actually be worse than the biggest disasters in mobile phone history, including Motorola’s post-RAZR crash in 2007 and Nokia’s collapse in 2012. Can it really be this bad or are analysts simply locked in a race to outpace the possible upcoming share price plunge? More →
We have seen luxury phones encrusted with diamonds before, and some of them are worth more than $1 million. But a British designer named Stuart Hughes is now raising the bar with an iPhone 5 that costs £10 million, or more than $15 million USD. The gimmick of this particular Apple piece is that its home button is made of a 26-carat black diamond. The marketing babble on the website is satisfyingly nutty: “Diamond is distinctive in the way it reflects light. It has a unique brilliance and also breaks the light up into spectral colours, which reflect within the stone as it is moved.” It is also pretty cool that a product description page for a £10 million device manages to misspell the word “chassis.”
Good things have come to T-Mobile customers who have had to wait for the iPhone to finally arrive at their favorite carrier. Per AllThingsD, T-Mobile CMO Mike Sievert claims that the carrier had a “gangbusters” first day of iPhone 5 sales with “lines out the door… at nearly all of our almost 3,000 stores nationwide.” Sievert went on to say that the lines outside T-Mobile stores show that consumers “want the iPhone 5, and they are voting with their feet that they want it from T-Mobile.” T-Mobile is expected to get a boost from finally getting the iPhone on its network this year, with one analyst projecting that the carrier will sell around 3.4 million iPhones in 2013.
It might have taken six years to get there, but Apple’s (AAPL) wildly popular iPhone lineup is now available from T-Mobile USA. The world’s top-selling smartphone and its two predecessors can now be purchased off-contract from the “UNcarrier,” which recently gave its business model a big overhaul and did away with traditional contracts and subsidies. Under T-Mobile’s new model, the iPhone 5 can be had for just $99 down and 24 monthly payments of $20 — or, for users defecting from another carrier, the latest iPhone is available for no money down by trading in an older iPhone model. Apple’s iPhone 4S and iPhone 4 are also both available at T-Mobile stores and online beginning Friday.
Watch out, rival carriers: T-Mobile has its eyes on your iPhone subscribers. The so-called “un-carrier” on Wednesday announced that it would give new customers an iPhone 5 for $0 down if they trade in their iPhone 4 and iPhone 4S models. The iPhone 5 won’t be completely free, however, because customers will still have to pay monthly charges over a two-year period to pay off the cost of the device. That said, iPhone users who switch from other carriers will still be getting an iPhone 5 for $99 less than current T-Mobile subscribers who want to buy the device and for $199 less than what they’d pay on other carriers. T-Mobile’s full press release is posted below. More →
Though Apple (AAPL) still can’t catch a break on Wall Street, the company may surprise us all later this month when it reports iPhone sales figures for the second fiscal quarter. Canaccord Genuity analyst Mike Walkley believes Apple sold more iPhones than he previously expected during the March quarter, and he adjusted his full-year EPS estimates to $43.86 from $43.59 as a result. The analyst now sees Apple selling 37 million iPhones in the March quarter, up from his earlier estimate of 34.5 million, ValueWalk reports. But strong performance from the flagship iPhone 5 wasn’t the reason for Walkley’s adjustment — the analyst lowered his ASP estimate to $601 from $651, reflecting a higher mix of iPhone 4 and iPhone 4S models and further supporting the notion that Apple would be well-served by launching an entry-level iPhone. Walkley reiterated his Buy rating on Apple shares with a $600 price target.
T-Mobile made its customers who use unlocked iPhone 5s happy today by rolling out a new carrier update that gives their devices access to T-Mobile’s LTE network. Per TmoNews, the new update promises to improve battery life on unlocked iPhones while also delivering Visual Voicemail, a 4G network indicator, access to T-Mobile’s AWS LTE network band and access to HD Voice services. While LTE access for unlocked iPhone 5 customers is certainly welcome, they should know that T-Mobile’s LTE network is only live in seven markets right now, so they’ll still likely have to rely on the carrier’s HSPA+ services even after installing the new update.
It took nearly six years but T-Mobile has finally managed to add Apple’s (AAPL) iPhone to its smartphone lineup. Beginning on Friday, T-Mobile subscribers can preorder the iPhone 4, iPhone 4S or iPhone 5 on T-Mobile’s website. With the carrier’s new no-contract policy, the iPhone 5 starts at $579.99 for the 16GB model, which can be paid up front or as a $99 down payment plus 24 monthly installments of $20. The iPhone 4S can be had for $69.99 up front and 24 payments of $20 per month, and the iPhone 4 costs $14.99 up front plus $15 per month for 24 months. T-Mobile notes that the iPhone 4S and iPhone 4 are only available in select markets, while the iPhone 5 is available nationwide.
If you’re a T-Mobile subscriber who’s been accessing the carrier’s HSPA+ network with an unlocked iPhone 5, don’t worry about having to buy a whole new device to use its recently launched LTE network. TmoNews reports that T-Mobile will push out an update to its unlocked iPhone 5 subscribers on April 5th that will give the device access to the AWS spectrum bands used for T-Mobile’s LTE services. Of course, since T-Mobile’s LTE network is only live in seven markets right now, you’ll probably still be relying on HSPA+ connectivity even after installing the update this week. TmoNews also says that the update will also give unlocked iPhone 5 users access to Visual Voicemail “among other features.”