You’ve seen the advertisements, and you’ve seen them for years. New smartphones for nothing beyond a signature, with the latest and greatest running just $199.
It’s all a complete fabrication.
In a bid to lock customers into long-term contracts, America’s preeminent wireless carriers have had a history of subsidizing the phones that the masses want. What happens is a masking of the true price of a phone.
If you asked most folks what a new iPhone would set you back, you’d probably hear “around $200.” What you wouldn’t hear is the rest of that sentence: “…by committing to pay a wireless carrier hundreds or thousands of dollars over the next 24 months.”
Read more here: Boy Genius Report