I am arguing they’re not status symbols and using how cheaply available they are as evidence that they’re not. Anyone can get one, some companies run free promotions, some do delayed interest programs, some amortize the price over a 2-year time period. Who cares? The details here weren’t important. Apparently Verizon ran some promo in the past and may again in the future giving away iPhones. Why be so argumentative over something so stupid? Not only are you actually wrong here, you’re arguing over the irrelevant details.
> Who cares?
People who prefer truth in advertising.
> Why be so argumentative over something so stupid?
I don't want people to believe untrue marketing statements and make poor financial decisions without actually bothering to read the fine print.
> some companies run free promotions
This just isn't true. They're not really "free". They come with lots of financial commitments.
> Apparently Verizon ran some promo in the past and may again in the future giving away iPhones
They still say they do on their website. If you're getting one "free" iPhone it comes with a commitment to spend at least $65/mo for 36 months. A commitment to spend $2,340 is a lot different from $0.
These are far from "free" phones. Can I go into a Verizon store, not give them a dime or sign any contracts and walk out with a phone free and clear to do whatever I want? No? Sounds like it's not really free then!
My point is if you're poor/homeless you're probably not looking to sign a 3-year commitment to spend a few grand to get a "free" phone. A lot of those people won't even pass the credit check to qualify to even sign up for one of these post-paid plans required to get the "free" phone. If you're really broke you would probably be looking at signing up for a lifeline plan and get yourself a cheap used iPhone instead of signing up for a $2,340 contract.
I already made and proved my point. The iPhone is not a status symbol, and major carriers can and do give them away in various schemes and did so in the past and will continue to do so in the future.
You’re anchoring yourself to one payment scheme and ignoring others and it’s besides the point which is that iPhones aren’t status symbols even if these schemes didn’t exist and iPhones weren’t extremely cheap or freely available.
I don’t have anything left to say here besides that I proved my point unequivocally.
> The iPhone is not a status symbol
I already said I largely agreed with this.
> major carriers can and do give them away in various schemes and did so in the past and will continue to do so in the future
They only do if you're financially illiterate.
> You’re anchoring yourself to one payment scheme and ignoring others
I'm being honest and taking about the real deal instead of blindly repeating marketing bullshit and lies.
> freely available
A commitment to spend thousands of dollars isn't the same as freely available.
The bank gave me this free house all I have to do is pay this mortgage for thirty years. But hey the house was free!
Once again, was the deal that you could walk into the store, grab a new iPhone, and walk out without signing a contract or other form of commitment? If not, it's not really free. It's bad financial advice for people struggling financially to get one of these "free" phones, they're often more expensive than buying outright and getting a much cheaper (or potentially even subsidized!) plan. Especially if you're just needing one or two lines. Many of these postpaid plans only really make financial sense once you're at like 4+ lines on it.
I'm reminded of seeing all those cell phones in the RadioShack mailer ads back in the day. Only 99¢! Dad, can't I get one? It's only a dollar!.
If you spent hundreds of dollars on box seats to a sporting event and they had a complimentary buffet, is that food really free or did it cost you hundreds of dollars? Would you tell someone struggling with money they could get free food, they just need to go spend hundreds on sports tickets first?
Maybe one shouldn't be so willingly close-minded to the truth.