iPhone buyers break their contracts to get latest model

iPhone | Saturday November 26 2011 5:14 PM | Comments (0) Tags: , , , , , ,

iPhone buyers break their contracts to get latest model

Would you break your wireless contract to get the iPhone 4S?

(Credit:
Apple )

Some mobile users are so eager for Apple ‘s latest iPhone that they’ll break their wireless contracts to grab one.

Almost half (45 percent) of iPhone buyers recently polled by Consumer Intelligence Research Partners (CIRP) said they paid a penalty to cancel their contract just to pick up the iPhone 4S. Some switched carriers while others upgraded before their contract ended.

Among these iPhone buyers, 52 percent paid a penalty of $100 to $200, 28 percent paid a penalty of less than $100, and 20 percent shelled out more than $200. But the pain has been felt less by iPhone 4 users, who can typically resell their still-in-demand models for more than the cost of the cancellation fee, noted CIRP.

Among those who upgraded from earlier iPhones, 10 percent moved up from the original 2007 model, 48 percent jumped from the iPhone 3G and 3GS, and 42 percent from the iPhone 4.

Those who upgraded tended to choose the lower-priced 16GB iPhone 4S, while new buyers opted for the more high-end 32GB and 64GB flavors, according to the survey results. Overall, 71 percent of iPhone 4S buyers upgraded from a previous iPhone , while 29 percent were new to the iPhone world.

Among those w… [Read more]

iPhone buyers break their contracts to get latest model

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